INVC NEWS
Mumbai — : In a historic move that could redefine India’s aerospace landscape, Reliance Infrastructure has joined hands with France’s Dassault Aviation to manufacture Falcon 2000 business jets on Indian soil. The jets will be assembled at a new facility in Nagpur, placing India among a small club of countries capable of producing high-end business class jets.
India to Assemble Falcon 2000 Jets for Global Market
The announcement, made at the Paris Air Show, marks the first time Falcon 2000 jets will be built outside France. Dassault will transfer its technology to Reliance Aerostructure Ltd, a Reliance Infra subsidiary, enabling the production of these elite aircrafts entirely in India. The jets, popular among wealthy private clients, typically carry 8–10 passengers.
Reliance Infra Shares Hit Upper Circuit
News of the deal gave a sharp boost to Reliance Infrastructure’s stock. Shares opened at ₹365.90, soared to a high of ₹386.50, and closed with a 5% gain. Over the last month, the stock has delivered a 38.28% return, reflecting investor optimism around this partnership.
🇮🇳 Boost to Make in India & Aerospace Sector
This venture aligns perfectly with India’s “Make in India, Make for the World” vision. Dassault and Reliance aim to export Falcon 2000 jets globally, boosting India’s standing in the global aerospace manufacturing value chain. Until now, countries like USA, France, Canada, and Brazil were the only major producers of business jets.
100+ Falcon Components Already Made in Nagpur
The Reliance-Dassault joint venture began back in 2017, and by 2019, the Nagpur facility had started producing front fuselage sections of the Falcon 2000. Over 100 components have already been manufactured and assembled, paving the way for full-scale production.
What Makes Falcon 2000 Special?
The Dassault Falcon 2000 is a twin-engine business jet designed for multi-role executive travel. Known for its luxury, speed, and efficiency, Dassault has delivered over 2,700 Falcon jets worldwide. The jet’s entry into Indian production is a milestone for India’s aviation industry.
What Did Anil Ambani Say?
Speaking on the partnership, Anil Ambani called the deal a milestone in Reliance Group’s journey. He emphasized the importance of strengthening India’s position in the global aerospace value chain, and added that the Made-in-India Falcon 2000 would become a proud symbol of the country’s technological and manufacturing prowess.
