Anil Ambani unveils masterplan to rule the skies, to invest Rs 100000000000 for development of…
In yet another significant business move, Anil Ambani-led Reliance Defence has announced a Rs 10,000 crore investment in the aerospace manufacturing sector to fund its ambitious project of launching the first ‘Made in India’ commercial aircraft by 2028. The Reliance Group company has partnered with French aerospace giant Dassault Aviation to manufacture the Falcon 2000 LXS Business Executive Jets in India for the global market.
This will mark the first instance when Dassault will build the Falcon 2000 jets outside France
What is the Reliance-Dassault deal?
According to official details, Reliance Defence, a subsidiary of Anil Ambani-led Reliance Infrastructure, has partnered with Dassault Aviation to manufacture the Falcon 2000 LXS Business Executive Jets in India for the global market.
Anil Ambani-led Reliance Aerostructure and Dassault Aviation launched DRAL as a joint venture in 2017, and established a state-of-the-art manufacturing facility in Mihan, Nagpur, marking the start of operations. Since 2017, DRAL has constructed more than 100 key subsections for the Falcon 2000 since delivering its first Falcon 2000 front section in 2019, demonstrating its superior precision manufacturing skills and contributing significantly to the Falcon global production program.
As per an official release, DRAL is expected to recruit several hundred engineers and technicians over the next decade to support its expanding operations. “This growth underscores Dassault Aviation’s deep commitment to strengthening India’s aerospace manufacturing ecosystem and advancing the nation’s emergence as a global center of excellence for high-precision aviation production.”
How Anil Ambani plans to make India an aerospace manufacturing hub?
Dassault Aviation– primarily known for its Rafale fighter jets which are operated by the Indian Air Force (IAF)– termed the agreement with Reliance Aerostructure Limited (RAL), another subsidiary of Anil Ambani’s Reliance Infrastructure Ltd, as an “epic moment” for India, who will join an elite club of countries that manufacture next-generation business jets, including the United States, France, Canada and Brazil.
According to experts, the Reliance-Dassault deal would established India as a major player in the global aerospace manufacturing industry. In a statement, Reliance Defence MD and CEO Rajesh Dhingra said the company aims to transform India into a major aerospace manufacturing hub in the next five years.
Commenting on the deal, Anil Ambani asserted that the collaboration reflects the Reliance Group’s commitment “to Prime Minister Shri Narendra Modi’s vision of ‘Atmanirbhar Bharat (Self Reliant India)’ and ‘Make in India for the World’.”
“Our partnership with Dassault Aviation for manufacturing of Falcon Business Jets in India is a defining moment for the country, Aviation Industry and the Reliance Group. This will help position India as a key force in the global aerospace value chain,” the Reliance Group Chairman said.
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