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Reliance Defence Ammunition enters into strategic partnership with Yugoimport of Serbia

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Capital Market

For ammunition manufacturing in India

Reliance Infrastructure promoted Reliance Defence Ammunition enters into a strategic partnership with Yugoimport of Serbia for ammunition manufacturing in India.

Two companies will work together in the field of ammunition, amongst others, with projected minimum requirement of Rs.20,000 crore over next 10 years from Indian armed forces.

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First Published: Jun 20 2017 | 3:41 PM IST

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