R-Infra to invest Rs 100 billion in Maharashtra defense project

24 Oct 2024 CW Team

Anil Ambani's flagship firm, Reliance Infrastructure, announced that it plans to invest Rs 100 billion over the next ten years to establish India’s largest integrated project in Ratnagiri, Maharashtra, focused on the manufacturing of explosives, ammunition, and small arms. The company has received an allotment of 1,000 acres in the Watad Industrial Area of Ratnagiri for the development of the Dhirubhai Ambani Defence City (DADC), as stated in a company announcement.

According to the statement, DADC is set to be the largest greenfield project in India’s defence sector undertaken by a private company.

Reliance Infrastructure will be joining other major players in defence manufacturing, including Tata Group, Adani, and Larsen & Toubro.

The statement highlighted that Reliance Infrastructure would invest over Rs 100 billion over the next decade. It also mentioned that through its subsidiaries, the company has exported defence equipment valued at more than Rs 10 billion over time.

Its wholly-owned subsidiaries, Jai Armaments and Reliance Defence, have obtained licenses from the government for the manufacturing of arms and ammunition.

The project aims to explore potential joint ventures with up to six leading global defence companies and will encompass a wide range of ammunition, from small to large calibers, in addition to terminally guided munitions (TGM).

The small arms portfolio is intended to serve export markets for both civil and military applications. However, the statement did not disclose the names of the potential joint venture partners.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..