▶️ Reliance Defence Ltd from India and Düsseldorf-based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. ▶️ A memorandum of under­standing to this effect has now been signed by representatives of both sides. ▶️ The collaboration between the companies will include supply of explosives and propellants for medium and large caliber ammunition to Rheinmetall by Reliance. Furthermore the two companies intend to engage in joint marketing activities for selected products and are aiming to further extend their cooperation based on future opportunities.    ▶️ In order to support this collaboration, Reliance Defence Ltd will set up a greenfield manufacturing facility in the Watad Industrial Area, of Ratnagiri, Maharashtra. ▶️ The Reliance manufacturing facility, one of the largest in South Asia, will have an annual capacity to produce up to 200,000 artillery shells, 10,000 tons of explosives and 2,000 tons of propellants.