9 hours ago
Reliance Infrastructure takes flight with Rs 5,000 cr bet on aircraft upgrade business
Synopsis
Reliance Infrastructure is significantly expanding its defence sector presence, targeting a ₹5,000 crore aircraft upgrade market over the next 7-10 years. Having successfully upgraded 55 Dornier-228 aircraft, the company aims to become a key private player in India's defence aviation, aligning with 'Atmanirbhar Bharat' and partnering with global firms like Thales for projects such as Rafale fighter jet logistics.
