Reliance Infra will invest ₹10,000 cr in a Maharashtra ammunition and explosives unit.

• Reliance Infrastructure Ltd., led by Anil Ambani, plans to invest over ₹10,000 crore over the next decade in a project in Ratnagiri, Maharashtra.

• The project will produce an ammunition range including small, medium, large caliber, and terminally-guided munition.

• The project will address export markets for both civil and military applications.

• Reliance Defence Ltd. will manage the project, which will be the largest greenfield project in India’s defence sector.

• The projects could involve potential joint ventures with up to six global defence companies.