19-06-2025
Reliance Infra share price jumps 5% on partnership with Rafale jet manufacturer Dassault Aviation
Reliance Infra share price surged as much as 5 per cent in Thursday's trading session to ₹ 404 apiece on NSE after the company announced strategic partnership with French aerospace major Dassault Aviation.
Anil Ambani-led company shares opened at ₹ 309.50, as compared to previous close of ₹ 386.50. Reliance Infra stock has given significant gains to its investors by soaring over 44 per cent in a month and nearly 37 per cent in six months despite volatile market.
Reliance Infra's subsidiary company Reliance Aerostructure, will partner with Dassault to produce Falcon 2000 business jets domestically in India.
This is the first instance where Dassault will assemble its Falcon aircraft outside of France. With this milestone, India becomes one of the few countries—alongside the US, France, Canada, and Brazil—that produce business jets for international markets.
The first Falcon 2000 aircraft manufactured in India is anticipated to be ready by 2028, designed to meet both corporate and military requirements.
Unveiled at the Paris Air Show, the agreement entails establishing a final assembly line at Dassault Reliance Aerospace Limited (DRAL) in Nagpur, Maharashtra. This facility will act as a global centre of excellence for the Falcon series and is also expected to support future assembly projects for the Falcon 6X and 8X models.
Under the agreement, Dassault Reliance Aerospace Limited (DRAL)—a joint venture between Dassault and Reliance Aerospace—will set up a cutting-edge final assembly line for the Falcon 2000 aircraft in Nagpur, Maharashtra. This facility will also serve as a Centre of Excellence (CoE) for Dassault's Falcon series, supporting future assembly programmes for models like the Falcon 6X and Falcon 8X.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
