
Pakistan, China to face heat as Anil Ambani inks deal with German company to...., deal is with Rs ..
Anil Ambani (File)
Reliance Defence has signed an agreement with German company Diehl Defence to make the advanced Vulcano 155mm Precision-Guided Munition System in India. These are special artillery shells that can hit targets with very high accuracy using laser and GPS guidance. The agreement supports India's goal to reduce dependence on foreign weapons and boost local defence manufacturing.
The shells will be made in a new factory in Ratnagiri, Maharashtra. This area is part of the upcoming Dhirubhai Ambani Defence City. Production will include more than 50 per cent locally made parts, helping the 'Make in India' mission.
Announced on June 10, the strategic cooperation will see Reliance Defence handle the production, while Diehl Defence will provide the key technology and guidance systems. These shells are designed for long-distance and accurate strikes, especially useful in situations where hitting the right target is more important than firing many rounds.
This deal is expected to bring in Rs. 10,000 crore in business, and it will help India reach its goal of exporting Rs. 50,000 crore worth of defence products by 2029. The project shows how India is building strong capabilities in advanced weapons manufacturing and moving toward self-reliance in defence.
The collaboration, which builds upon an earlier pact signed in 2019, also reflects Reliance Defence's intent to emerge among the top three private defence exporters in India.
The Vulcano 155mm system is equipped with laser and GPS-guided navigation, capable of hitting targets with exceptional accuracy. Its inclusion in India's artillery arsenal will significantly enhance the operational capabilities of the armed forces, especially in high-stakes combat situations that demand precision over volume.
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Hans India
19 minutes ago
- Hans India
Middle East flares may weigh down markets
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Time of India
24 minutes ago
- Time of India
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Time of India
26 minutes ago
- Time of India
Nuvoco Vistas makes Rs 1,800 crore payment to complete Vadraj cement acquisition
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