Mumbai: Reliance Defence, a part of the industrialist Anil Ambani group, has inked a strategic pact with Emirates Defence Industries, a leading company in the area in the UAE, for collaborations in the defence and aviation space for a host of areas.
“The companies have agreed to jointly explore opportunities for manufacturing and building capabilities in defence vehicles, aviation, equipment, armament, electronics, commercial and naval ships and maintenance of military equipment,” a spokesperson for Reliance Group said.
The partnership will also explore the opportunity in UAE’s defence industry that has budgets for capital expenditures but considers the costs high for setting up units and recruiting scientists and engineers on their own.
