Reliance Infra shares hit 5% upper circuit as subsidiary partners with Dassault Aviation to manufacture Falcon 2000 jets
Nishant Kumar
Published 18 Jun 2025, 02:10 PM IST Mint Image
Reliance Infra shares hit 5% upper circuit as subsidiary partners with Dassault Aviation to manufacture Falcon 2000 jets in India
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‘A proud moment…': This is what Amitabh Bachchan says for Mukesh Ambani's brother Anil Ambani as Reliance Infrastructure to make business jets with…
'A proud moment…': This is what Amitabh Bachchan says for Mukesh Ambani's brother Anil Ambani as Reliance Infrastructure to make business jets with… Anil Ambani's company Reliance Infrastructure recently announced a partnership between French aircraft manufacturer Dassault Aviation and Reliance Aerostructure Limited to manufacture Falcon 2000 business jets in India. This development has made Bollywood veteran actor Amitabh Bachchan happy. He took to Instagram and showered praises on the company. What Did Amitabh Bachchan Say On The Partnership? Actor Amitabh Bachchan celebrated the partnership between Reliance Infrastructure and France's Dassault Aviation. As per the agreement, both the companies will manufacture Falcon 2000 business jets in Nagpur. Bachchan took to his Instagram page and wrote, 'A proud moment.. Congratulations… Jai Hind.' Falcon 2000 Jets Will Be Manufactured In India Dassault is going to set up the final assembly line of Falcon 2000 jets in Nagpur. Notably, this is the first time these business jets will be manufactured outside France. The company is planning to deliver the first Made in India Falcon to the corporate and military sectors by 2028. With this major development, India has joined the group of countries along with the US, France, Canada and Brazil that produce business jets for global markets. Final assembly line will be set up in Nagpur The announcement was made at the Paris Air Show along with Dassault Reliance Aerospace Limited's (DRAL) plan to set up a final assembly line in Nagpur. The facility will become a global centre of excellence for the Falcon series, including the assembly programmes for the future Falcon 6X and Falcon 8X jets. Commitment to 'Make in India' and 'Atmanirbhar Bharat' Reliance Group Founder Chairman Anil Ambani and Dassault Aviation Chairman and CEO Eric Trappier said that this agreement reflects the French company's 'Make in India' commitments. Ambani said that this partnership is a strong testimony to Prime Minister Narendra Modi's 'Atmanirbhar Bharat' and 'Make in India for the World' vision. Advanced Production Process And Increased Employment The fuselage of the aircraft, such as Falcon 8X and Falcon 6X front, including the assembly of the Falcon 2000 fuselage, wings, and front section, transferred to DRAL. DRAL is a joint venture formed in 2017, has manufactured more than 100 Falcon 2000 sub-sections so far from its facility in Nagpur. The new assembly line will increase its capacity and recruit several hundred engineers and technicians in the next 10 years. Reliance Defence's New Deal Reliance Defence and Diehl Defence have partnered in a ₹100 billion agreement to manufacture Vulcano 155mm precision-guided munitions in India. This advanced artillery system is capable of long-range, highly accurate strikes.
The Wire
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Algorithmic Trading's Next Frontier: Education and Responsible Adoption Amidst Regulatory Shifts
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Volumes jump at Endurance Technologies Ltd counter
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