Reliance, Diehl Advance Pact for Precision-Guided Munitions
DEFENSE

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.

This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.

Simultaneously, the “Vulcano 155mm System under Make in India-II” initiative is being progressed, with Reliance Defence serving as the prime contractor and Diehl Defence as the strategic partner. The project is set to achieve over 50 per cent indigenous content, significantly contributing to India’s defence manufacturing capability.

Helmut Rauch, CEO of Diehl Defence, commented, “We look forward to strengthening our relationship with Reliance in the context of Terminally Guided Munitions for the Indian Armed Forces.”

Anil D. Ambani, Chairman of Reliance Group, added, “We are honoured to partner with Diehl Defence, a global leader in guided munitions. This strategic alliance not only accelerates the advancement of India’s defence manufacturing capabilities but also places Reliance Defence at the core of the global defence supply chain. It is aligned with the Prime Minister’s vision for Make in India and Atmanirbhar Bharat, and demonstrates our resolve to foster technological sovereignty and sustainable growth.”

This partnership will be further reinforced by Reliance’s ongoing investment in a greenfield manufacturing facility at Watad Industrial Area in Ratnagiri, Maharashtra. Once operational, the plant will have an annual capacity to produce up to 200,000 artillery shells, 10,000 tonnes of explosives, and 2,000 tonnes of propellant, contributing significantly to India’s self-reliance in defence production.

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulcano 155mm System under Make in India-II” initiative is being progressed, with Reliance Defence serving as the prime contractor and Diehl Defence as the strategic partner. The project is set to achieve over 50 per cent indigenous content, significantly contributing to India’s defence manufacturing capability.Helmut Rauch, CEO of Diehl Defence, commented, “We look forward to strengthening our relationship with Reliance in the context of Terminally Guided Munitions for the Indian Armed Forces.”Anil D. Ambani, Chairman of Reliance Group, added, “We are honoured to partner with Diehl Defence, a global leader in guided munitions. This strategic alliance not only accelerates the advancement of India’s defence manufacturing capabilities but also places Reliance Defence at the core of the global defence supply chain. It is aligned with the Prime Minister’s vision for Make in India and Atmanirbhar Bharat, and demonstrates our resolve to foster technological sovereignty and sustainable growth.”This partnership will be further reinforced by Reliance’s ongoing investment in a greenfield manufacturing facility at Watad Industrial Area in Ratnagiri, Maharashtra. Once operational, the plant will have an annual capacity to produce up to 200,000 artillery shells, 10,000 tonnes of explosives, and 2,000 tonnes of propellant, contributing significantly to India’s self-reliance in defence production.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement