Reliance Infrastructure Shares Surge 5% As Dassault Aviation Expands Jet Manufacturing In India

Image Source : NDTV

Reliance Infrastructure Ltd witnessed a 5 percent jump in its stock price following the announcement of its partnership with Dassault Aviation to manufacture Falcon 2000 business jets in India. The collaboration marks a significant milestone in India’s aerospace sector, as it is the first time Dassault will produce these jets outside France.

Key Developments In The Partnership

- Dassault Aviation has selected Reliance Infrastructure’s subsidiary, Dassault Reliance Aerospace Ltd (DRAL), to establish a final assembly line for Falcon 2000 jets in Nagpur
- The facility, originally set up under the Rafale fighter jet offset program, will now serve as the first-ever assembly line for Falcon business jets outside France
- The first fully assembled Falcon 2000 jet is expected to take flight from Nagpur by 2028
- Initial production capacity is planned for 18 aircraft per year, with potential expansion to 22 jets annually

Market Impact And Investor Sentiment

- Reliance Infrastructure’s stock surged 5 percent following the announcement, reflecting strong investor confidence in the aerospace venture
- The partnership aligns with India’s Make in India initiative, boosting domestic manufacturing capabilities and positioning the country as a key player in global aviation
- Analysts expect the collaboration to enhance Reliance Infrastructure’s valuation and long-term growth prospects in the aerospace sector

Future Outlook

With the production of Falcon 2000 jets in India, Dassault Aviation and Reliance Infrastructure are set to redefine India’s role in the global aerospace industry. The collaboration is expected to drive technological advancements, create high-skilled jobs, and boost India’s export potential in the business aviation sector.

Sources: Zee Business, Business Today, Dassault Aviation, Reliance Infrastructure Ltd.