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

  • India’s high intensity training session at Wankhede Stadium – Delhi News Daily
  • Congress Releases First List Of Candidates For Assam Polls, Fields Gaurav Gogoi In Jorhat – Delhi News Daily
  • Global Markets | Japanese stocks plummet as Mideast conflict widens – Delhi News Daily
  • Andrew Was A Target for Foreign Influence? WILD Report Claims Handlers Exploited Rift With Charles – Delhi News Daily
  • Shivakumar To Host Dinner For Karnataka Congress MLAs, MLCs Amid Leadership Change Buzz – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

REITs, InvITs to play larger role in enhancing portfolio returns: Radhavi Deshpande – Delhi News Daily

Radhavi Deshpande, Chief Investment Officer at Kotak Mahindra Life Insurance, believes REITs and InvITs are positioned to assume a more…

6 Min Read
Business

Nicolas Sarkozy jailing reignites debate over French political justice ahead of Le Pen appeal – Delhi News Daily

Former President Nicolas Sarkozy's prison sentence has deepened divisions in France over judges' handling of political wrongdoing, months before far-right…

6 Min Read
Business

F&O Talk| Nifty ends August lower amid global headwinds; key support now at 24,250: Sudeep Shah – Delhi News Daily

Markets ended the holiday-shortened week in the red, as sentiment was dampened by concerns over the impact of U.S. tariffs…

10 Min Read
Business

Honasa went up, Lenskart could go anywhere: Deepak Shenoy says amid recent IPO buzz – Delhi News Daily

The buzz around the recent Lenskart IPO has drawn sharp reactions and debates among investors and social media users. Adding…

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?