 "Reliance Defence forms JV with Israel's Rafael for missiles & defence systems")
Reliance Defence Limited, a wholly owned subsidiary of Reliance Infrastructure Limited (an infrastructure arm of the Anil Ambani-controlled Reliance Group), has entered into a strategic partnership agreement with South Korea’s LIG Nexl for smart sensors used in weapons and ammunition systems of armed forces.
As part of the agreement, two companies will explore opportunities in the identified range of defence products required by the Indian Armed Forces. LIG Nex1 are emerging leaders in smart heavy weapons in category of anti-ship missiles, anti-tank guided missiles (ATGM), and guided rockets.
Currently, there are multiple programs for the Indian Armed Forces that the two companies
