New Delhi, June 2 -- Reliance Infrastructure Ltd, the flagship company of Anil Ambani's Reliance Group, is targeting Rs 3,000 crore from the export of 155 mm ammunition and aggregates by the end of financial year 2027, sources said.
In the current year itself, the company is estimated to export Rs 1,500 crore of large calibre ammunition.
Reliance Infrastructure has already clocked exports of up to Rs 100 crore of artillery ammunition and aggregates and is aiming to be among the top three exporters of defence equipment in India, sources aware of the matter said.
The key export market for Reliance includes countries in the European Union, focusing on large restocking demand for artillery ammunition.
According to the experts, the market si...