Reliance Industries Partners with Rolls-Royce for AMCA Engine Program
By ThePip Desk
Reliance Industries shares rise on potential AMCA engine program partnership with Rolls-Royce, aiming for indigenous combat engine development in India.
Reliance Industries shares advanced on Tuesday, closing up 0.81% amid news of a potential strategic collaboration. The company is reportedly planning a partnership with Rolls-Royce for India’s Advanced Medium Combat Aircraft (AMCA) programme.
Key Trading Numbers
- Current Price: Rs. 1318.60
- Points Up: 10.60
- Percentage Gain: 0.81%
- Previous Close: Rs. 1308.00
- Day’s High: Rs. 1,319.00
- Day’s Low: Rs. 1299.00
- Shares Traded: 297029
- Market Cap: Rs. 1784400.56 crore
Strategic Aerospace Venture
Reliance Industries and Rolls-Royce are exploring a collaboration aimed at the design, development, manufacturing, and delivery of a sovereign indigenous combat engine. This initiative is specifically for India’s Advanced Medium Combat Aircraft (AMCA) programme.
The proposed partnership intends to establish a dedicated Aerospace Gas Turbine Complex in India. This facility would serve as a crucial centre of excellence for power and propulsion technology, bolstering indigenous capabilities.
The joint effort is expected to present a compelling solution for the AMCA engine’s development, combining world-leading technology with industrial execution capabilities.
Reliance Industries Overview
As India’s largest private sector company, Reliance Industries operates across a diverse portfolio. Its activities encompass hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and 4G digital services.
Shareholding and Performance
- Promoters: 50.48%
- Institutions: 38.48%
- Non-Institutions: 11.04%
The stock’s 52-week high stands at Rs. 1611.20, recorded on 05-Jan-2026, while its 52-week low was Rs. 1250.55 on 24-Jul-2026. Over the last week, the scrip traded between a high of Rs. 1332.50 and a low of Rs. 1,299.00.