Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
Nagpur facility, joint venture of Anil Ambani’s Reliance Defence & French firm Dassault Aviation, initially meant to make parts of only Falcon business gets.
Dassault Aviation, the manufacturer of Rafale, is said to have already carried out a test production of certain parts that could be manufactured in India.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
COMMENTS