Anil Ambani Unveils Rs 10K Cr Jet Plan with Dassault in Nagpur

Reliance Group Chairman Anil Ambani made the announcement of the 10,000 crore investment plan that will see India emerge as a manufacturing hub of business jets, and the core business jet in question is the production of Dassault Aviation Falcon 2000 in India. The step meanwhile is a big feat on the part of the Indian private defence industry, and more so to Reliance Defence Ltd, the aerospace and defence vertical of Reliance Infrastructure.

This initiative is a partnership of Reliance Defence with the French leader of the aerospace industry, Dassault Aviation, through which a special unit is set up in Nagpur. The plant will act as a rear assembly facility of Falcon 2000 jets, and therefore India will be the only nation other than France in which Dassault would manufacture the jets.

By 2028, the first made-in-India Falcon 2000 is supposed to roll out. The project is expected not only to support the aerospace manufacturing ecosystem in India but also to incorporate the Indian firms into the international aircraft supply chains.

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This move is in line with the Indian government, so-called Make in India scheme, and it boosts local strengths in high precision manufacturing and systems integration and avionics. It also opens up the door to the high-value business aviation market in India.

Ambani termed the project as a strategic leap which has the potential of making Reliance a global player in the aerospace engineering sector. The plant is also likely to provide thousands of high-skill jobs and improve the status of India in the civil and defence aviation industry.