Power Deal: Reliance Defence Signs ₹20,000 Cr JV with US Giant – Big Win for Make in India
Reliance Defence Deal: This week, Anil Ambani-led Reliance Infrastructure announced a strategic joint venture (JV) with US defence contractor Coastal Mechanics Inc., marking a monumental step into India’s ₹20,000 crore defence MRO (maintenance, repair, and overhaul) market. The newly-formed Reliance Defence JV pact will cater to both Indian and global defence forces, aligning closely with...