Reliance Industries Limited (RIL) is in the advanced stage of talks with American defence contractor, Raytheon, to form a joint venture (JV) which will look at opportunities for developing homeland security solutions in India and abroad.

Through the partnership, Raytheon will provide Reliance Industries access to high-end security products and electronics engineering solutions for building a strong homeland security system. In doing so, RIL will have access to advanced resources to innovate and develop key security technologies for India and perhaps other countries as well, while Raytheon will be able to gain access to one of the fastest-growing markets for homeland security solutions.

Currently being headed by Dr Vivek Lall, the Reliance Industries’ homeland security and aerospace division is looking to gather high-end resources in order to develop an advanced security solutions system which is likely to benefit the country a great deal. RIL has also entered into a joint agreement with Siemens AG, a Germany-based engineering conglomerate to develop intelligent electronic security solutions with mutual cooperation. As per the official statement released by RIL, RIL’s subsidiary ‘Reliance Security Solutions’ and Siemens have signed a memorandum of understanding (MoU) to develop smart security solutions for safe, secure and smarter cities and highways in India. The JV has also been shortlisted by the Maharashtra government to support an initiative that aims at securing Mumbai city by installing homeland security systems, such as video surveillance cameras, command and control centres and data servers across the city.