Reliance Infrastructure today announced 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 defence sector in India by any private sector company.
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 crore over a period of time.
Reliance Infrastructure's wholly owned subsidiaries Jai Armaments and Reliance Defence already have license from Govt of India for manufacturing of arms and ammunition