Anil Ambani's Reliance Defence partners with Coastal Mechanics to tap Rs 20,000 cr MRO market
New Delhi, June 30 (UNI) Reliance Infrastructure Limited promoted Reliance Defence today announced a strategic agreement with Coastal Mechanics Inc. (CMI), a leading US Department of Defense authorised contractor, to jointly address India's Rs 20,000 crore defence Maintenance, Repair, Overhaul (MRO) and upgrade market opportunity.
Reliance Defence and Coastal Mechanics will focus on providing end-to-end MRO, upgrade, and life cycle support solutions for the Indian Armed Forces, targeting a wide range of critical platforms such as 100+ Jaguar fighter aircraft, 100+ MiG-29 fighter aircraft, fleet of Apache attack helicopters, L-70 air defence guns, and other legacy systems that require long-term sustainment and modernisation, a statement said here today.
The segment represents a high-value, long-duration opportunity driven by the Indian military's strategic shift from asset replacement to lifecycle extension and performance-based logistics.
Reliance Defence and Coastal Mechanics will also set up Joint Venture (JV) at MIHAN in Maharashtra, to serve both the Indian market and export markets. This JV will provide complete MRO and upgrade services for various air and land defence platforms used by the armed forces.
Coastal Mechanics supplies critical components to the US Air Force and US Army. Its partnership with Reliance Defence brings world-class manufacturing capabilities and global certifications into India's aerospace ecosystem.
The partnership represents a significant step in advancing the Government of India's 'Aatmanirbhar Bharat' and 'Make in India' initiatives, aimed at indigenising defence production and reducing reliance on imports, the statement added.
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