Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Reliance Infrastructure jumps 5% as defence arm bags Rs 600-crore export deal from Germany’s Rheinmetall – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > Reliance Infrastructure jumps 5% as defence arm bags Rs 600-crore export deal from Germany’s Rheinmetall – Delhi News Daily
Business

Reliance Infrastructure jumps 5% as defence arm bags Rs 600-crore export deal from Germany’s Rheinmetall – Delhi News Daily

delhinewsdaily
Last updated: June 25, 2025 1:55 pm
delhinewsdaily
Share
SHARE


Shares of Reliance Infrastructure surged 5% on Wednesday following an announcement by its subsidiary Reliance Defence that it secured a Rs 600-crore export order from German defence giant Rheinmetall Waffe Munition GmbH.

The order, one of the largest in the high-tech ammunition space to date, has significantly boosted market sentiment around the Anil Ambani-led firm.

In an exchange filing, Reliance Infra said the deal marks a key milestone in its strategy to deepen global defence partnerships and expand its role in the international arms supply chain.

The company emphasized that this export contract underlines its recently formalized strategic collaboration with Rheinmetall — a partnership aligned with India’s “Atmanirbhar Bharat” and “Make in India” missions.

Reliance Defence aims to become one of India’s top three defence exporters. The company will be developing an integrated manufacturing facility under the Dhirubhai Ambani Defence City (DADC) banner in Ratnagiri, Maharashtra.

ET logo

Live Events


This greenfield project is being positioned as the largest of its kind by a private player in India’s defence space.”The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country’s private defence manufacturing sector,” said Anil Ambani, Founder-Chairman of Reliance Group. “Our ambition is clear — to position Reliance Defence among the world’s top three defence exporters.”Rheinmetall CEO Armin Papperger reaffirmed the German firm’s long-term commitment to India, noting that the partnership reflects the confidence in India’s defence sector under Prime Minister Modi’s leadership.

The Rs 600-crore order is expected to catalyze further export growth and fortify Reliance Defence’s manufacturing capabilities. The ammunition to be supplied will meet stringent global standards, further enhancing India’s image as a reliable global defence supplier.



Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Grok to Get AI-Powered File Editor Feature With Spreadsheet Support, Tipster Claims Grok Might Soon Be Able Edit Your Files and Spreadsheets – Delhi News Daily
Next Article From rent freeze to Israel: What are Zohran Mamdani’s views on major issues? Find out more about NYC’s Dem Mayor nominee | World News – Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Naalpathukalile Pranayam – Official Trailer – Delhi News Daily
  • Abhishek Sharma is back and India to unravel a mystery slinger – Delhi News Daily
  • Resort Politics Again? Siddaramaiah Loyalists Set For Australia Tour In Latest Karnataka Power Play – Delhi News Daily
  • Bangladesh’s interests come first, says BNP chairman and PM-designate Tarique Rahman – Delhi News Daily
  • Akshara Singh supports Pawan Singh’s wife Jyoti Singh in alimony battle: ‘Even Rs 100 crore may not be enough’ | Bhojpuri Movie News – The Times of India – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

2 top stock recommendations from CA Rudramurthy – Delhi News Daily

"Till we are above 25,000 on Nifty, this market is a buy on every dip. I will completely change my…

6 Min Read
Business

NSDL likely to give a 15% listing pop to investors – Delhi News Daily

Mumbai: Investors who put money in National Securities Depository Ltd's ₹4,012 crore initial public offering (IPO) can expect a listing…

3 Min Read
Business

4 equity mutual funds that saw outflow of over Rs 1,000 crore in July – Outflows – Delhi News Daily

There were around 683 funds in July 2025, of which 425 funds saw an outflow. Source link

0 Min Read
Business

Waaree Energies shares slip 15% in 9 days. What’s behind the slide? – Delhi News Daily

Waaree Energies shares slid as much as 2.7% on Tuesday, extending a relentless selloff to a ninth straight session and…

4 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?