India’s Reliance Defense as received 16 new industrial licences for the manufacture of defense equipment that include armored vehicles, electronic warfare systems, missiles and unmanned aerial vehicles.
The equipment will be manufactured at Pithampur SEZ in Madhya Pradesh and MIHAN SEZ near Nagpur. Of the 16 licenses, 11 are for land systems, three for naval systems and the rest to make specialized equipment, the company said in a statement Thursday.
With the new 16, Reliance Defense now has 27 manufacturing licenses.
The Land Systems include design, development and production of Heavy Weapons (Artillery Guns, Air Defence Guns, mortars, multi barrel rocket launchers, heavy machine guns) of all calibres, Electronic Warfare Systems, ammunition, explosives, tanks, Infantry Combat Vehicles (ICV), Directed Energy Weapon Systems, Small Arms Laser Systems for target destruction and C4I Systems for various Land Platforms.
Reliance Land Systems Ltd, a wholly owned subsidiary of Reliance Defence Ltd will be the lead venture for the manufacturing of Missiles, explosives heavy weapons, tanks and ICVs and Reliance SED Ltd will be the lead entity for manufacture of Electronic Warfare Systems, Directed Energy Weapon systems and Laser Systems for target destruction.
The key programs in these segments have budgetary allocation in excess of Rs.50,000 crore($7.5 billion). The Indian Army will spend an additional Rs.50,000 crore (US $7.5 billion) over next 10 to 15 years on different Combat Vehicles. The Defence Acquisition Council (DAC) has already given go ahead for Air Defence Missile Systems worth Rs.40,000 crore (US $6 billion), Air Defence Guns valued at Rs.17,000 crore ($2.5 billion) and Mounted Gun Systems worth Rs.15,800 crore (US $2.3 billion).
Other projects cleared include upgrades for BMP2 and T-72 tanks, digitization of Pechora Air Defence System and Electronic Warfare System worth Rs.30,000 crore ($4.5 billion). Total opportunities, already approved are thus in excess of Rs.200,000 crore ($30 billion) for the Land Systems.
Reliance Defence Ltd also intends to address a large potential international market for Combat Vehicles in the Middle East, Africa and South America. Reliance Defence Ltd is aiming at developing an Infantry Combat Vehicle which will not only address the domestic requirement but can also addresses the Global requirements estimated at Rs.350,000 crore (US $50 Bn).
Reliance Unmanned Systems Ltd another subsidiary of Reliance Defence Ltd intends to target various requirements of the Indian Navy, Army and the Air Force for Unmanned Systems. The combined Value of these Programs over next 10 years is expected to exceed Rs. 30,000 crore ($4.5 billion).
Reliance Naval systems Ltd a strategic business unit of Reliance Defence Ltd has been issued with 3 licenses to manufacture of Underwater Systems, Electro-Optical Systems, Underwater Weapons and C4I Systems. The naval system programs will be undertaken by Reliance Defence and Engineering Ltd (formerly Pipavav Defence and Offshore Engineering Company Ltd) which owns the Pipavav dockyard in Gujarat and which was acquired byReliance Infrastructure Ltd, being the largest acquisition in the Indian defence sector.
The Company will target a combined market of over Rs.50,000 crore ($7.5 billion) for the Naval Systems. Reliance Land Systems Ltd has acquired land at Pithampur SEZ, Indore to set up a land systems park under the Government’s “Make in India” program for indigenous manufacturing of broad spectrum of Land Systems equipment.
This greenfield project will address the Rs.200,000 crore ($30 billion) domestic and Rs.350,000 crore ($52.5 billion) global opportunities in the Land System segment in the Defence industry.
Reliance Defence signed a strategic partnership agreement with Ukraines state-owned firm Ukroboronprom to collaborate on a range of military products including transport aircraft, upgrade of armoured vehicles, maritime gas turbines and unmanned aerial vehicles. The agreement was signed during a meeting between Reliance Group Chairman Anil Ambani and Ukranian President Petro Poroshenko in Ukraine last week, PTI reported
Reliance Defence announced Thursday that it has entered into joint venture with Ukraine's Antonov for making smaller aircraft, which can be used by military and civilian customers. "Reliance Defence Ltd along with Ukraine based State Corporation Antonov have agreed to cooperate on dual version transport aircraft for Military, Para military and Commercial use in India," the Anil Ambani-led group said in a statement
Indian Reliance and Israeli Rafael have agreed to set up a joint venture company in India to manufacture air-to-air missiles, aerostats and air defense systems. The strategic partnership with Rafael Advance Defence Systems of Israel, will mark the entry of Reliance Defence in the complex field of air-to-air and air defence systems manufacturing in India, the company said in a press statement
Indias firms Reliance defense and L&T are likely to compete for bagging Rs 20000 crore ( US $3 billion) contract from the country's Defense ministry to build four amphibious warships. Commercial bids submitted by the two private firms for the largest defence project under Make in India will be opened in the next three months
Fair trade regulator, Competition Commission (CCI) today approved the proposed joint venture between Indian Reliance Aerostructure and French Dassault Aviation. The proposed combination relates to the setting up of a joint venture between Reliance Aero and Dassault -- Dassault Reliance Aerospace Limited, in which Reliance Aero would hold 51 per cent shares, with the remaining 49 per cent to be held by Dassault
Reliance Defence and Engineering has considered to joint venture with Kalashnikov Israel for manufacturing Kalashnikov class of weapons for Indian armed forces. Kalashnikov Israel, a subsidiary of the CAA Company of Israel, has agreed to jointly make Kalashnikov and other small arms with Reliance Defence
Indias Reliance Infrastructure company will soon sign a contract to build fast patrol vessels for the Indian Coast Guard, its chairman, Anil Ambani disclosed at the companys annual general meeting in Mumbai on Tuesday. "The company's focus areas would be defence and metro systems," Ambani said
Ukroboronproms subsidiary SpetsTehnoEksport and Indian Reliance Defence have signed a memorandum on joint participation in BMP-2 modernization for the Indian Army. Cooperation primarily relates to the manufacture and supply of components and systems for improving BMP mobility, modernization of sighting and fire control systems
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