
Anil Ambani-led Reliance Defence– a subsidiary of Reliance Infrastructure, has partnered with Coastal Mechanics, a leading US Department of Defence-authorised contractor.
In another significant move by Reliance Group Chairman Anil Ambani, Reliance Defence– a subsidiary of Reliance Infrastructure, has partnered with Coastal Mechanics, a leading US Department of Defence-authorised contractor, to jointly address India’s Rs 20,000 crore defence maintenance, repair, overhaul (MRO) and upgrade market opportunity.
How Reliance Defence’s partnership with Coastal Mechanics will aid Indian armed forces?
As per an official press release issued by Reliance Infra, the ‘strategic partnership’ between Reliance Defence and Coastal Mechanics will focus on providing end-to-end Maintenance, Repair, Overhaul (MRO), upgrade, and lifecycle support solutions for the Indian Armed Forces, targeting a wide range of critical platforms such as 100+ Jaguar fighter aircrafts, 100+ MiG-29 fighter aircrafts, the fleet of Apache attack helicopters, L-70 air defence guns, and other legacy systems that require long-term sustainment and modernisation.
The two companies will also set up a Joint Venture (JV) at MIHAN in Maharashtra, to serve both the Indian market and export markets, the release said, adding the joint venture will provide complete Maintenance, Repair and Overhaul (MRO) and upgrade services for various air and land defence platforms used by the Indian armed forces.
“Coastal Mechanics supplies critical components to the US Air Force and US Army. Its partnership with Reliance Defence brings world-class manufacturing capabilities and global certifications into India’s aerospace ecosystem,” it said.
How Anil Ambani aims to make Reliance Defence a top defence exporter?
Meanwhile, Anil Ambani-led Reliance Infrastructure reiterated its aim of making Reliance Defence one of India’s top three defence exporters. “The partnership represents a significant step in advancing the Government of India’s ‘Aatmanirbhar Bharat’ and ‘Make in India’ initiatives, aimed at indigenising defence production and reducing reliance on imports,” the release added.
Reliance Infrastructure Limited and Reliance Power Limited are the two main companies of the Anil Ambani-led Reliance Group, which are completely debt-free with zero outstanding loans from banks or financial institutions.
Reliance Infrastructure Limited is active in the energy sector, focusing on power distribution in Delhi and power generation. The company also has interests in defence manufacturing and plays a key role in infrastructure development through special purpose vehicles (SPVs), including projects like the Mumbai Metro.
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