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New Delhi: Anil Ambanis Reliance Group’s flagship company Reliance Infrastructure Ltd is targeting Rs 3000 crore from the export of 155 mm ammunition and aggregates by the end of financial year 2027 sources said. In the current year itself the company is estimated to export Rs 1500 crore of large calibre ammunition. Reliance Infrastructure has already recorded exporting artillery ammunition and aggregates of up to Rs 100 crore. Now it is aiming to be among the top three exporters of defence equipment in India sources aware of the matter said. The key export market for Reliance includes countries in the European Union focusing on large restocking demand for artillery ammunition. The market size for restocking is estimated at Rs 400000 crore according to the experts. Sources said Reliance has been able to make inroads in the highly competitive markets of the European Union and South East Asia. The ammunition export is the key priority of the company as it develops Dhirubhai Ambani Defence City (DADC) in Ratnagiri Maharashtra with a capital outlay of Rs 5000 crore said a Reliance Infrastructure spokesperson. The company has been allotted 1000 acres of land in Watad Industrial Area of Ratnagiri Maharashtra to develop DADC. It will be the largest greenfield project in the defence sector in India by any private sector company. The company is setting up an integrated explosives and ammunition manufacturing plant in DADC. Recently Reliance Defence also announced a strategic partnership with Düsseldorf-based Rheinmetall AG. The collaboration between the companies will include the supply of explosives and propellants for medium and large caliber ammunition to Rheinmetall by Reliance. Furthermore the two companies intend to engage in joint marketing activities for selected products and aim to further extend their cooperation based on future opportunities. Reliance Defence will set up a greenfield manufacturing facility in Ratnagiri Maharashtra to support this collaboration. The manufacturing facility will have an annual capacity to produce up to 200000 artillery shells 10000 tonnes of explosives and 2000 tonnes of propellants. This new facility will help Reliance Defence achieve its objective of being amongst the top three defence exporters in the country.