 "Reliance Defence gets final clearance for 12 industrial licences")
The licensing committee of Department of Industrial Policy & Promotion (DIPP) has approved 12 industrial licences to the Reliance Defence, a subsidiary of Reliance Infrastructure Limited for manufacture of wide range of Defence equipment required by the Armed Forces.
DIPP has approved these licences to the Strategic Business Units (SBU) under Reliance Defence Limited to address defence programmes in India and overseas. The company had received DIPP's conditional clearance in November last year and last week it got final approval after the Home Ministry’s crucial consent.
A company spokesman told Business Standard, "The foray of Reliance into these areas will give added traction to Centre's initiative for Make in India and Skill India Initiatives."
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In the aerospace segment, with licences for manufacture of military aircraft and helicopters, the company plans to address the aircraft requirement of the Indian Navy pegged at Rs 9,000 crorer, light utility helicopters, an opportunity valued at more than Rs 20,000 crore. In addition, there is a requirement of 160-200 medium to heavy helicopter, valued at Rs 50,000 crore, the spokesman said.
Besides, the company will be engaged in manufacturing of transport and the combat aircraft. In land systems, Reliance has got licences for manufacturing of missiles & all terrain combat vehicles. The key programs in these segment includes short, medium and long range missile systems.
For the naval systems, the company will focus on key systems as is evident from the licences for air independent propulsion technology and hull penetrators and connectors along with motor shafts and propulsion systems. Reliance naval systems is already working on C4I, underwater systems, weapons, radars and electro optic systems.
In case of unmanned aerial systems, the company is targeting different requirement from the Indian Navy, army and the Air Force. For the export market, Reliance Strategic Electronics Division (SED) plans to manufacture night vision devices (NVDs) and surveillance devices.
This apart, the company plans to develop an infantry combat vehicle to address the domestic and global requirements.
