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India’s Richest Man Can’t Crack E-Commerce, Even with Shein

Reliance Defence, led by Anil Ambani's Reliance Group, announced a strategic partnership with Germany's Rheinmetall AG on May 24, 2025, to produce ammunition in Ratnagiri, Maharashtra.
The collaboration follows a memorandum of understanding and aims to establish a greenfield manufacturing facility, reflecting India's push for self-reliance in defence under Prime Minister Modi's leadership.
The Dhirubhai Ambani Defence City being established in Ratnagiri's Watad industrial area will be one of the largest defense manufacturing hubs in South Asia, with the capability to annually manufacture hundreds of thousands of artillery shells along with thousands of tons of explosives and propellants.
Rheinmetall CEO Armin Papperger emphasized that the collaboration with Reliance Defence reflects their dedication to working closely with India, guided by the leadership of Prime Minister Modi, and is expected to benefit both parties through enhanced growth and supply chain opportunities.
This partnership marks a transformational moment for India's private defence manufacturing and supports the government's goal of $5 billion in defence exports and enhanced global supply chain presence.

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India’s richest man can’t crack e-commerce, even with Shein

Shein’s India relaunch is off to a slow start as Mukesh Ambani’s Reliance struggles to compete with Amazon and Walmart-backed Flipkart.

1 day ago

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Breaking Defense

Lean Right

Germany’s Rheinmetall and India’s Reliance strike ‘strategic’ ammunition agreement

Key to the collaboration is a plan for Reliance to establish a “greenfield manufacturing facility” based in the Watad Industrial Area of Ratnagiri, Maharashtra, India.

2 days ago

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monch.com

German-Indian cooperation - MÖNCH PUBLISHING GROUP

Rheinmetall and Reliance enter into strategic partnership Reliance Defence Ltd from India and Düsseldorf-based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. A memorandum of understanding to this effect has now been signed by representatives of both sides. The collaboration between the companies will include supply of explosives and propellants for medium and large caliber ammunition to Rheinmetall by Reliance.…

1 day ago

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indiandefensenews.in

AVNL's Strategic Pivot: Developing Next-Generation Light Tanks Through Western Partnerships

Armoured Vehicles Nigam Limited (AVNL), India's state-owned defence manufacturer, is currently pursuing an ambitious strategy to develop adv...

1 day ago

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defence.in

Anil Ambani’s Reliance Defence signs pact with German firm for...

Anil Ambani’s Reliance Defence has signed an agreement with German arms manufacturer Rheinmetall AG for the supply of ammunitions like artillery shells and...

2 days ago

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tv9gujarati.com

Anil Ambani's Big Deal in Defense Sector, Arms Making Company, Caught to Buy Shares

Shares of Anil Ambani's company Reliance Infrastructure Limited rose 3.5% to Rs 3.5% on Thursday. Reached 286. Now this is also in focus on Friday on the stock. Indeed, the company has reported on a big deal in the defense sector. Reliance Defense Limited (Reliance Defense) promoted by Reliance Infrastructure Limited and Rainmetal AG based in Dusseldorf, Germany, have entered into strategic partnerships in the ammunition sector. The contract for…

2 days ago

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