New Delhi, May 23 -- Anil Ambani's Reliance Defence has signed an agreement with German arms manufacturer Rheinmetall AG for the supply of ammunitions like artillery shells and explosives from a new facility to be set up in Maharashtra.
"Reliance Infrastructure Ltd-promoted Reliance Defence Ltd (Reliance Defence) and Dusseldorf-based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. An Agreement to this effect has now been signed by the representatives of both companies," the Indian firm said in a statement. This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France. "The collaboration between the companies will include the supply of explosives and propella...