New Delhi, July 11 -- Anil Ambani's Reliance Defence Ltd plans to invest Rs.10,000 crore in the aerospace business over the next decade, even as it prepares for India's first locally made commercial aircraft to take to the skies in about three years.

Reliance Defence houses the aviation and munitions business of Reliance Infrastructure Ltd, a listed company. Part of its investment would be funded by Reliance Infra raising capital through preferential placement of shares, sale of shares to institutional buyers, and placement of foreign currency bonds-adding up to Rs.17,600 crore.

Reliance Infra also hopes to monetize nine road projects in its overall portfolio.

"That's the kind of roadmap we have ahead of us to be a global player. So fi...