Latest news with #TataAdvancedSystemsLtd
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Business Standard
6 days ago
- Business
- Business Standard
Datanomics: Private-sector collaboration to drive self-reliance in defence
Defence Minister Rajnath Singh recently said that India's annual defence production reached an all-time high of ₹1.46 trillion in FY25, nearly doubling from ₹0.74 trillion in FY17 New Delhi Listen to This Article With the success of Indian defence products in Operation Sindoor, India aims to showcase the export potential and combat readiness of its indigenous arms globally. Recently, Dassault Aviation and Tata Advanced Systems Ltd (TASL) signed four production transfer agreements to manufacture Rafale fighter jet fuselages in India, marking the first time this will be done outside France. Such private-sector collaboration is expected to boost India's self-reliance in the sector and support the 'Make in India' initiative. Steady climb in defence production Defence Minister Rajnath Singh has said India's annual defence production nearly doubled to ₹1.46 trillion in FY25 from ₹74,000 crore
New Indian Express
06-06-2025
- Business
- New Indian Express
Made-in-Hyderabad Rafale fighter jet fuselages to roll out in 2028
NEW DELHI / HYDERABAD : In a major boost to India's defence manufacturing sector, French aviation giant Dassault Aviation has joined hands with Tata Advanced Systems Ltd (TASL) to build a dedicated facility in Hyderabad to manufacture Rafale fighter jet fuselage for global markets. On Wednesday, both companies signed production transfer agreements. The deal is expected to strengthen the country's aircraft manufacturing skills and support the global aerospace supply chain. The Hyderabad facility will make key structural parts of the Rafale jet, including lateral shells of the rear fuselage, the complete rear section, central fuselage and front section. The first fuselage sections are expected to roll off the assembly line in FY2028, with the facility expected to deliver up to two complete fuselages per month.
Mint
05-06-2025
- Business
- Mint
Dassault Aviation share price in focus after Rafale brand owner inks pact with Tata Advanced Systems; stock up 64% YTD
Shares of Dassault Aviation will remain in focus after the Rafale fighter jet brand owner partnered with Tata Advanced Systems Ltd to manufacture and set up the first ever fighter aircraft in India. Shares of Dassault Aviation have risen 64 per cent year to date. On Thursday, June 5, the defence stock opened at €315.40 on the Paris stock exchange and currently trades 1.52 per cent higher at €321.20 on the index. Dassault Aviation he stock has remained volatile, shedding over 1.70 per cent in a month, however, gaining over 6.70 per cent in six months. Dassault Aviation and Tata Advanced Systems Limited have signed four Production Transfer Agreements to manufacture the Rafale fighter aircraft fuselage in India, marking a significant step forward in strengthening the country's aerospace manufacturing capabilities and supporting global supply chains. This facility represents a significant investment in India's aerospace infrastructure and will serve as a critical hub for high-precision manufacturing. Under the scope of the partnership, Tata Advanced Systems will set up a cutting-edge production facility in Hyderabad for the manufacture of key structural sections of the Rafale, including the lateral shells of the rear fuselage, the complete rear section, the central fuselage, and the front section. For the first time, Rafale fuselages will be produced outside France and this is a decisive step in strengthening our supply chain in India, Eric Trappier, Chairman and CEO of Dassault Aviation, said. "Thanks to the expansion of our local partners, including TASL, one of the major players in the Indian aerospace industry, this supply chain will contribute to the successful ramp-up of the Rafale and, with our support, will meet our quality and competitiveness requirements," he said. Dassault Aviation is the manufacturer of the Rafale fighter jets, which were used by the Indian Air Force to conduct precision strikes on terror sites in the Pakistani territory, i.e., Pakistan-occupied Kashmir (PoK) and Pakistan terror camps. Dassault Aviation stock grabbed investors' attention after the Indian armed forces-led Operation Sindoor on May 7, 2025. As the India-Pakistan tensions escalated, the stock saw a significant surge of up to 66 per cent, however, it later gave up the gains. In May, the stock extended its monthly winning run to eight. Even as the month was marked by high volatility, the stock eked out 0.5% gains.
New Indian Express
05-06-2025
- Business
- New Indian Express
Dassault Aviation partners with Tata Advanced Systems to manufacture Rafale jet fuselage in India
NEW DELHI: French aerospace major Dassault Aviation and Tata Advanced Systems Ltd on Thursday announced firming up of a deal to manufacture fuselage for Rafale fighter jets in India. Under the partnership, Tata Advanced Systems will set up a cutting-edge production facility in Hyderabad to produce the key component of the combat jet. The first fuselage sections are expected to roll off the assembly line in the financial year 2028, with the facility expected to deliver up to two complete fuselages per month, Tata Advanced Systems Ltd (TASL) said. The TASL said it will set up a cutting-edge production facility in Hyderabad for the manufacture of key structural sections of the Rafale, including the lateral shells of the rear fuselage, the complete rear section, the central fuselage, and the front section. The TASL said it signed four production transfer agreements with Dassault Aviation to manufacture the Rafale fighter aircraft fuselage in India, marking a "significant step forward" in strengthening the country's aerospace manufacturing capabilities and supporting global supply chains. "For the first time, Rafale fuselages will be produced outside France. This is a decisive step in strengthening our supply chain in India," said Eric Trappier, Chairman and CEO of Dassault Aviation.
