Entertainment » OtherPosted at: Mar 29 2016 11:25PM Reliance, Rafael to set up joint venture company in IndiaBetul, Goa, Mar 29 (UNI) In one of the biggest joint ventures between an Indian company with any Original Equipment Manufacturer (OEM), Reliance Defence Ltd, a 100 per cent subsidiary of Reliance Infrastructure Ltd, and Rafael Advanced Defence Systems Ltd have decided to set up a joint venture company in India in the highlyspecialised areas of air-to-air missiles, air defence systems and large aerostats. The joint venture will provide big thrust into the field of indigenous production and development of high precision and state-of the-art weapon systems in India, a statement from the company said.Please log in to get detailed story.Tags: #Reliance# Rafael to set up joint venture company in India