Latest news with #Falcon2000
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Business Standard
an hour ago
- Business
- Business Standard
Dassault ties up with RInfra arm to make Falcon 2000 jets in India
Dassault Aviation, a French manufacturer of military aircraft and business jets, has partnered with Reliance Aerostructure Limited (RAL), a subsidiary of Anil Ambani-promoted Reliance Infrastructure (RInfra), to manufacture Falcon 2000 business executive jets in India for the global markets. The partnership was announced at the Paris Air Show on Wednesday. This is the first time Dassault Aviation will manufacture Falcon 2000 jets outside of France. Dassault Reliance Aerospace (DRAL), a 51:49 joint venture between RAL and Dassault, will become the Centre of Excellence (CoE) for the Falcon series, including Falcon 6X and Falcon 8X assembly programmes for Dassault Aviation, the first such CoE outside France. RAL established a partnership with Dassault DRAL in 2017. The operations commenced with the setting up of a manufacturing facility at Mihan, Nagpur, later that year. Since delivering its first Falcon 2000 front section in 2019, DRAL has assembled over 100 major sub-sections for the Falcon 2000. 'Our partnership with Dassault Aviation represents a landmark in Reliance Group's journey, as we work together to firmly position India as a vital hub in the global aerospace value chain. This collaboration is a powerful expression of our commitment to Prime Minister Narendra Modi's vision of 'Atmanirbhar Bharat', and 'Make in India for the World' initiative, showcasing India's capability to build and deliver next-generation business jets for global markets,' Anil Ambani, founder-chairman, Reliance Group, said. The facility in Nagpur will have a capacity of producing 24 Falcon 2000 jets per annum. Meanwhile, Dassault's order backlog for Falcon jets is around 2,150 jets, according to a source. 'This new agreement, which will make DRAL the first centre of excellence for Falcon assembly outside France and which will eventually enable the establishment of a final assembly line for the Falcon 2000, illustrates, once again, our firm intent to meet our 'Make in India' commitments, and to contribute to the recognition of India as a major partner in the global aerospace supply chain,' Eric Trappier, chairman and CEO, Dassault Aviation, said. Besides, with over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation designs, produces, and sells all types of aircraft, ranging from the Rafale fighter to the Falcon family of business jets, military drones and space systems. In 2024, Dassault Aviation reported revenues of 6.2 billion euro. RInfra has allotted 12.5 million fully paid-up equity shares of the company, aggregating ₹300 crore, to Risee Infinity, a promoter group entity, upon accelerated conversion of warrants. The company made a preferential issue of 125.6 million warrants aggregating ₹3,014.40 crore in October 2024. A minimum upfront amount of 25 per cent was paid on the warrants and the balance 75 per cent was payable in 18 months.
New Indian Express
3 hours ago
- Business
- New Indian Express
Anil Ambani's Reliance Aerostructure and Dassault to manufacture Falcon 2000 business jets in India
The Anil Ambani-led Reliance Infrastructure subsidiary Reliance Aerostructure Limited (RAL) and French aerospace giant Dassault Aviation have signed an agreement to manufacture Falcon 2000 business executive jets in India for the global market. This will be the first time Dassault will manufacture Falcon 2000 jets outside of France. Dassault Reliance Aerospace (DRAL), a JV set up by the two companies in 2017, will also become the Center of Excellence (CoE) for the Falcon series, including Falcon 6X and Falcon 8X assembly programs for Dassault Aviation, the first such CoE outside France. The state-of-the-art, final assembly line for Falcon 2000 jets will be established in Nagpur, as per the agreement announced on Wednesday at the Paris Air Show. Eric Trappier, Chairman and CEO, Dassault Aviation, said that the agreement marks the ramp-up of DRAL, "in line with the strategic vision shared with our partner Reliance, which led to its creation in 2017 and is a testament to our unwavering belief in our future in India and serving India."
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Business Standard
3 hours ago
- Business
- Business Standard
Dassault-Reliance to build Falcon jets in India, first flight by 2028
Dassault Aviation, a French manufacturer of military aircraft and business jets, has partnered with Reliance Aerostructure Ltd (RAL), a subsidiary of Anil Ambani-promoted Reliance Infrastructure, to manufacture Falcon 2000 business jets in India for global markets. The partnership was announced at the Paris Air Show on Wednesday, 18 June. With this, Dassault Aviation is set to manufacture Falcon 2000 jets outside France for the first time in its storied history. Dassault Reliance Aerospace Ltd (DRAL), a 51:49 joint venture between RAL and Dassault, will become the Centre of Excellence (CoE) for the Falcon series, including Falcon 6X and Falcon 8X assembly programmes—the first such CoE outside France. RAL established a partnership with Dassault through DRAL in 2017. Operations commenced with the establishment of a manufacturing facility at Mihan, Nagpur, later that year. Since delivering its first Falcon 2000 front section in 2019, DRAL has assembled over 100 major sub-sections for the aircraft. Anil Ambani, founder and chairman of the Reliance Group, said: 'Our partnership with Dassault Aviation represents a landmark in Reliance Group's journey, as we work together to firmly position India as a vital hub in the global aerospace value chain. This collaboration is a powerful expression of our commitment to Prime Minister Narendra Modi's vision of 'Atmanirbhar Bharat' (Self-Reliant India) and the 'Make in India for the World' initiative, showcasing India's capability to build and deliver next-generation business jets for global markets.' Dassault Aviation will also transfer the assembly of the front section of the Falcon 8X and Falcon 6X, in addition to the wings and full fuselage assembly of the Falcon 2000, to DRAL. The transfer of operations, combined with major facility upgrades, is expected to enable the first flight of a Falcon 2000 'Made in India' from Indian soil by 2028, according to Reliance Infrastructure. The final assembly line for the Falcon 2000 will be established in Nagpur, Maharashtra, and the company already has sufficient land for this expansion, a company source said. The Nagpur facility will have a production capacity of 24 Falcon 2000 jets per year. Dassault's order backlog for Falcon jets currently stands at around 2,150 aircraft, according to a source. Eric Trappier, chairman and CEO of Dassault Aviation, said: 'This new agreement, which will make DRAL the first Centre of Excellence for Falcon assembly outside France and which will eventually enable the establishment of a final assembly line for the Falcon 2000, illustrates once again our firm intent to meet our 'Make in India' commitments and to contribute to the recognition of India as a major partner in the global aerospace supply chain.' Dassault Aviation has delivered over 10,000 military and civil aircraft—including 2,700 Falcon jets—in more than 90 countries over the past century. It designs, manufactures and sells aircraft ranging from the Rafale fighter to the Falcon family of business jets, as well as military drones and space systems. In 2024, Dassault Aviation reported revenues of €6.2 billion.
India.com
4 hours ago
- Business
- India.com
Masterstroke by Anil Ambani as Reliance Infra partners with Dassault Aviation to build Falcon 2000 jets in India, first flight scheduled for...
Anil Ambani (File) In a major move that could cement India's place among the global list of premier aerospace manufacturers, Anil Ambani-led Reliance Infrastructure has partnered with French aerospace giant Dassault Aviation to manufacture the Falcon 2000 LXS Business Executive Jets in India for the global market. Reliance Infra, Dassault to build Falcon 2000 jets in India In an official release, Dassault Aviation– primarily known for its Rafale fighter jets which are operated by the Indian Air Force (IAF)– termed the agreement with Reliance Aerostructure Limited (RAL), a subsidiary of Anil Ambani's Reliance Infrastructure Ltd, as an 'epic moment' for India, who now joins an elite club of countries manufacturing next-generation business jets after the United States, France, Canada and Brazil. This will be the first instance when Dassault will build the Falcon 2000 jets outside France. Anil Ambani hails historic Dassault deal Commenting on the historic deal, Anil Ambani asserted that the collaboration reflects the Reliance Group's commitment 'to Prime Minister Shri Narendra Modi's vision of 'Atmanirbhar Bharat (Self Reliant India)' and 'Make in India for the World'.' 'Our partnership with Dassault Aviation for manufacturing of Falcon Business Jets in India is a defining moment for the country, Aviation Industry and the Reliance Group. This will help position India as a key force in the global aerospace value chain,' the Reliance Group Chairman said. DRAL facility to be Dassault first CoE outside France As per the release, the DRAL Facility at Mihan in Nagpur, Maharashtra, will be the Centre of Excellence (CoE) outside of France for Dassault Aviation's Falcon series, including the Falcon 6X and Falcon 8X programs. The first flight of the 'Made in India' Falcon 2000 is expected to take place from the DRAL Facility by 2028, it said. According to the agreement, Dassault will also transfer the assembly of the front section of Falcon 8X and Falcon 6X, in addition to the wings and complete fuselage assembly of the Falcon 2000 to DRAL. 'This new agreement, which will make DRAL the first centre of excellence for Falcon assembly outside France and which will eventually enable the establishment of a final assembly line for the Falcon 2000, illustrates, once again, our firm intent to meet our 'Make in India' commitments, and to contribute to the recognition of India as a major partner in the global aerospace supply chain. It marks the ramp-up of DRAL, in line with the strategic vision shared with our partner Reliance, which led to its creation in 2017 and is a testament to our unwavering belief in our future in India and serving India,' said Eric Trappier, Chairman and CEO, Dassault Aviation. The release termed the deal as a 'landmark initiative', which will see India emerge as a strategic center for high-end business jet manufacturing, underscoring the nation's growing prominence in the global aerospace ecosystem. 'The new final assembly line will cater to rising demand in India and other international markets,' it added. Dassault-Reliance Infra joint venture Anil Ambani-led Reliance Aerostructure and Dassault Aviation had launched DRAL as a joint venture in 2017, and established a state-of-the-art manufacturing facility in Mihan, Nagpur, marking the start of operations. Since 2017, DRAL has constructed more than 100 key subsections for the Falcon 2000 since delivering its first Falcon 2000 front section in 2019, demonstrating its superior precision manufacturing skills and contributing significantly to the Falcon global production program. As per the release, DRAL is expected to recruit several hundred engineers and technicians over the next decade to support its expanding operations. 'This growth underscores Dassault Aviation's deep commitment to strengthening India's aerospace manufacturing ecosystem and advancing the nation's emergence as a global center of excellence for high-precision aviation production.' (With ANI inputs)
India.com
5 hours ago
- Business
- India.com
Good news for Anil Ambani as Reliance Infra shares hit 5% upper circuit due to…
Anil Ambani (File) Shares of Reliance Infrastructure, led by Anil Ambani, surged by 5% and reached the upper circuit at Rs 386 on the BSE on Wednesday. The rally was after the company's announcement of a major aviation partnership. Its subsidiary, Reliance Aerostructure Limited, has partnered with French aerospace giant Dassault Aviation to manufacture Falcon 2000 business jets in India. The announcement, made at the Paris Air Show, marks the first instance of Falcon 2000 jets being produced outside of France. In a move that signifies a major leap for India's aerospace manufacturing capabilities, the collaboration will establish a final assembly line for the Falcon 2000 jets in Nagpur, Maharashtra. When the Nagpur facility starts, India will join the elite club of countries producing business jets after the United States, France, Canada and Brazil. 'Dassault Aviation and Reliance Infrastructure subsidiary, Reliance Aerostructure Limited (RAL) today at the Paris Air Show announced a landmark strategic partnership to manufacture Falcon 2000 business executive jets in India for the global markets,' the firms said in a statement. The Dassault Falcon 2000 is a versatile and efficient twin-engine business jet. It can typically accommodate 8 to 10 passengers. With over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognised worldwide in the design, production, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. The joint venture between Dassault Aviation and Reliance Aerostructure (DRAL) was established in 2017. The operations commenced with the setting up of a state-of-the-art manufacturing facility at Mihan, Nagpur, later that year. Since delivering its first Falcon 2000 front section in 2019, DRAL has assembled over 100 major sub-sections for the Falcon 2000, underscoring its world-class precision manufacturing capabilities and playing an integral role in the Falcon global production program. The partnership represents a significant step in advancing India's aerospace manufacturing capabilities. 'This pioneering initiative will see India emerge as a strategic centre for high-end business jet manufacturing,' the statement said. 'It marks a historic moment for Indian aerospace and manufacturing industry, as the landmark agreement paves way for India's entry into the elite club of countries producing next-generation business jets, alongside the United States, France, Canada, and Brazil.' DRAL will also become the centre of excellence (CoE) for Falcon series, including Falcon 6X and Falcon 8X assembly programs for Dassault Aviation, the first such CoE outside France. Eric Trappier, Chairman and CEO, Dassault Aviation said, 'This new agreement, which will make DRAL the first centre of excellence for Falcon assembly outside France and which will eventually enable the establishment of a final assembly line for the Falcon 2000, illustrates, once again, our firm intent to meet our 'Make in India' commitments, and to contribute to the recognition of India as a major partner in the global aerospace supply chain.' It marks the ramp-up of DRAL, in line with the strategic vision shared with partner Reliance, which led to its creation in 2017 and 'is a testament to our unwavering belief in our future in India and serving India,' he said. Anil D Ambani, founder chairman, Reliance Group, said, 'Our partnership with Dassault Aviation represents a landmark in Reliance Group's journey, as we work together to firmly position India as a vital hub in the global aerospace value chain.' The 'Made in India' Falcon 2000 will stand as a proud symbol of the nation's technological prowess and manufacturing excellence, he said. Dassault Aviation will also transfer the assembly of the front section of Falcon 8X and Falcon 6X, in addition to the wings and complete fuselage assembly of Falcon 2000 to DRAL. The transfer of assembly operations combined with major facility upgrades will pave the way for the first flight of Falcon 2000 'Made in India' from Indian soil by 2028. (With Inputs From PTI)
