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Reliance Infrastructure launches defence project in Maharashtra with Rs. 10,000 crore investment over next decade
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Reliance Infrastructure on Tuesday announced the setting up of the largest Integrated project for Manufacturing of Explosives, Ammunition and Small Arms in Ratnagiri, Maharashtra.
The company has been allotted 1000 acres of Land in Watad Industrial Area of Ratnagiri, Maharashtra to develop Dhirubhai Ambani Defence City (DADC).
DADC will be the largest Greenfield project in the Defence Sector in India by any Private Sector company, Reliance said in a statement.
Reliance Infrastructure will invest over Rs. 10,000 crore over the next 10 years. Reliance Infrastructure through its subsidiaries has exported defence equipment worth more than Rs. 1,000 Cr over a period of time.
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