Reliance Infra Jumps 1.53% in Early Trade After Dassault Jet Manufacturing Tie-Up To Assemble Falcon 2000 in India

Mumbai, June 19, 2025 (11:09 AM IST) – Shares of Reliance Infrastructure Ltd (NSE: RELINFRA) surged in early trade on Thursday after the company, through its subsidiary Reliance Aerostructure Ltd (RAL), announced a strategic manufacturing partnership with French aerospace major Dassault Aviation. The move revealed on June 18, involves setting up an assembly line for Falcon 2000 business jets in Nagpur, Maharashtra.

The Centre of Excellence (CoE) will be Dassault Reliance Aerospace (DRAL), a joint venture (51:49) between RAL and Dassault. It will be Dassault’s first assembly line for Falcon 2000 outside of France, marking a pivotal moment in India’s aerospace manufacturing journey. On June 19 at 11:09 AM IST, Reliance Infrastructure shares climbed 1.53% to ₹392.40, reflecting upbeat investor sentiment following a major strategic deal.

Dassault-Reliance Falcon Jet Manufacturing: Deal Highlights

The deal was announced at the Paris Air Show, highlighting that it is the first time Dassault will manufacture Falcon 2000 business jets outside France. The jets will be produced by Dassault Reliance Aerospace Ltd (DRAL), a joint venture established in 2017 between the two companies.

Market Snapshot (As of 11:09 AM IST)

Partnership Summary

Reliance Aerostructure Ltd (RAL) and Dassault Aviation established a 51:49 joint venture, Dassault Reliance Aerospace (DRAL), in 2017. Later that year, a manufacturing facility was established at Mihan, Nagpur. The JV has since assembled over 100 major sub-sections for the Falcon 2000. The JV serves as the Centre of Excellence (CoE) for the current deal:

The collaboration places India among the elite business jet producers alongside the US, France, Canada, and Brazil.

Executive Statements

Eric Trappier, Chairman & CEO, Dassault Aviation:

“This agreement establishes DRAL as the first Falcon assembly center outside France and underscores our commitment to ‘Make in India’.”

Anil D. Ambani, Chairman, Reliance Group:

“This collaboration is a proud moment for India and the Reliance Group, aligning with the vision of an ‘Atmanirbhar Bharat’ and showcasing India’s global capabilities in aerospace.”

Preparations Required

• Hiring Expansion: DRAL to onboard several hundred engineers and technicians over the next decade.
• Capability Upgrade: Nagpur plant to become a global Center of Excellence for the Falcon series.
• Market Focus: Jets will cater to Indian and global corporate and military aviation markets.

Outlook

The DRAL-Dassault partnership signals a strategic leap for India’s aerospace ambitions and reinforces Reliance Infra’s growing relevance in high-tech defence and aviation manufacturing. The stock’s uptick reflects renewed investor optimism, driven by the strategic partnership that positions the company as a key player in global aerospace manufacturing.

About Reliance Infrastructure Ltd

Reliance Infra is a diversified infrastructure company with businesses spanning power distribution, transportation, defence, and engineering. It is part of the debt-free Reliance Group, which has a net worth of ₹33,000 crore and market cap of ₹45,000 crore. The group serves over 4 million shareholders across India.

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