French company Dassault Aviation SA will invest €100 million (around Rs760 crore) in its joint venture with Anil Ambani’s Reliance Group to manufacture components for its aircraft. The joint venture, Dassault Reliance Aerospace Ltd, in which the French company holds a 49% stake, will make components for the Legacy Falcon 2000 Series of civil aircraft and be part of its global supply chain, the firm said in a statement. Production will begin from 2018.
French company Dassault Aviation SA will invest €100 million (around Rs760 crore) in its joint venture with Anil Ambani’s Reliance Group to manufacture components for its aircraft. The joint venture, Dassault Reliance Aerospace Ltd, in which the French company holds a 49% stake, will make components for the Legacy Falcon 2000 Series of civil aircraft and be part of its global supply chain, the firm said in a statement. Production will begin from 2018.