Reliance Infra Soars on Jet Manufacturing Pact With Dassault Aviation
Reliance Infra’s shares surge as it joins hands with Dassault Aviation to build Falcon 2000 jets in Nagpur, marking a major boost to India’s aerospace sector.
Stock Soars on Major Aerospace Deal
On Wednesday, Reliance Infrastructure’s share price climbed 5%, locking in at its upper circuit limit of ₹386 on the BSE trading platform. The rally was triggered by news of a landmark partnership between a Reliance subsidiary and French aerospace heavyweight Dassault Aviation, signaling a strategic leap for India’s defence and aviation ecosystem.
India Set to Host First-Ever Assembly Line for Falcon 2000 Business Jets
In a first-of-its-kind move, Reliance Aerostructure Limited has entered into a joint venture with Dassault Aviation to assemble Falcon 2000 business jets in India. This marks the first time Dassault will produce these jets outside its home country of France.
The assembly line will be established in Nagpur and operated through Dassault Reliance Aerospace Limited (DRAL). India’s inaugural fully assembled Falcon 2000 jet is slated for launch by 2028, aiming to serve both corporate aviation needs and defense applications.
This initiative represents a significant milestone for India’s ambitions to become a global hub in aerospace manufacturing and aligns with the country’s “Make in India” vision.
Nagpur to Become a Global Hub for Jet Components
The upcoming production facility in Nagpur is projected to emerge as a center of excellence for the Falcon jet series. The scope of work extends beyond simple assembly—it includes the local manufacturing of critical aircraft components such as fuselages, wings, and other structural elements.
In addition to the Falcon 2000, the facility will also be involved in structural work for other Dassault jets, including the Falcon 6X and Falcon 8X models. Dassault Aviation will oversee significant infrastructure enhancements at the site to support this expanded production capability.
This strategic location not only accelerates India’s participation in the global aerospace supply chain but also boosts regional industrial development.
Employment Boost and Local Skill Development
Established in 2017, DRAL has successfully manufactured and supplied over 100 subcomponents for the Falcon 2000 aircraft series to date. The new agreement is expected to create long-term job opportunities, especially for skilled engineers, technicians, and support staff over the next decade.
This initiative is likely to stimulate technical upskilling in the region and foster innovation through exposure to world-class aerospace manufacturing standards.
The long-term employment potential of this project reinforces its value not only to the private sector but also to broader socio-economic development goals.
Capital Infusion to Support Strategic Expansion
Alongside this landmark partnership, Reliance Infrastructure has also successfully completed a significant financial move. The company allotted 1.25 crore equity shares at ₹240 per share, converting existing warrants into stock and raising a total of ₹300 crore.
The proceeds from this capital infusion will be channeled towards advancing the company’s long-term strategic goals, including strengthening its presence in high-growth industries like aerospace, infrastructure, and defence manufacturing.
This funding also bolsters the company’s ability to support future expansions and meet the demands of large-scale, technologically intensive projects.
Final Thoughts
The joint venture between Reliance Aerostructure and Dassault Aviation is a transformative step for India’s aerospace ambitions. By bringing Falcon 2000 jet assembly to Nagpur, the partnership is set to elevate India’s manufacturing capabilities on a global stage.
With the facility set to handle key structural components and potentially evolve into a center of excellence, this collaboration stands to enhance local employment, drive skill development, and attract further investment in the sector.
This initiative also resonates with India’s overarching goal of achieving technological self-sufficiency and strengthening its footprint in the international aerospace arena. For Reliance Infrastructure, this milestone—combined with a fresh ₹300 crore equity infusion—positions the company for sustained growth in defence and aerospace ventures.
Investors and industry observers alike will be watching closely as this high-profile collaboration unfolds in the coming years.
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