Reliance Infrastructure, led by the Anil Ambani family, intends to invest Rs 10,000 crore over the next decade to build the largest integrated complex for manufacturing explosives, ammunition, and small arms in Ratnagiri, Maharashtra. The corporation has been granted 1,000 acres in the Watad industrial region for the building of the Dhirubhai Ambani Defence City (DADC), according to a release.

The new export-oriented project will be India's largest greenfield defence venture undertaken by a private sector enterprise, according to the announcement. Furthermore, through its businesses, Reliance Infrastructure has exported defence equipment worth more than Rs 1,000 crore.

Reliance Infrastructure's wholly owned businesses, Jai Armaments and Reliance Defence, are licensed by the Indian government to produce weaponry and ammunition. The planned initiatives include prospective joint ventures with up to six top global defense businesses, according to the company, which did not reveal the companies' names.

The ammunition range will include small, medium, and large calibre munitions, as well as terminally guided munitions (TGM). The small guns portfolio will target export markets, catering to both civilian and military purposes.

Reliance Infrastructure has previously formed successful joint ventures at MIHAN in Nagpur, Maharashtra, with two major global defense firms: Dassault Aviation and Thales of France. Both enterprises export their full output to foreign markets.