Anil Ambani’s Reliance Defence is betting big on aerospace with a ₹10,000 crore plan to develop India’s first homegrown commercial aircraft by 2028, as per a Mint report. This goal is supported by global collaborations and expanding manufacturing capabilities aimed at entering international aviation supply chains.
Reliance Defence Ltd, under Reliance Infrastructure, plans a massive ₹10,000 crore investment in the aerospace segment over the next decade. At the centre of this initiative is the development of the first Indian-made commercial aircraft, a variant of Dassault Aviation’s Falcon 2000, which is expected to fly by 2028. The aircraft will be assembled at the Dassault Reliance Aerospace Ltd facility in Nagpur, a 51:49 joint venture between Reliance and Dassault.
The company also collaborates with Thales SA under Thales Reliance Defence Systems for avionics production. DRAL is doubling its facility to 400,000 sq. ft., enabling assembly of up to 22 Falcon 2000 jets each year. These moves aim to make India a significant aerospace hub, with components already integrated into globally sold Dassault aircraft. The planned expansions underscore the company’s push to become a systems integrator, similar to Boeing, Airbus, and Lockheed Martin.
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Reliance Infra aims to raise capital through preferential share placements, institutional investment, and foreign currency bonds, targeting ₹17,600 crore. Proceeds will support its aerospace push and monetisation of 9 road assets. The turnaround in Reliance Infra’s financials with FY25 net profit of ₹9,177 crore also adds momentum to these plans.
Beyond civil aviation, Reliance Defence is venturing into aircraft upgrades through collaborations with Hindustan Aeronautics Ltd and Genesis Aerosystems. It’s working on modernising Dornier aircraft used by the Indian defence and expects further orders with over 250 units in operation. Additionally, it eyes opportunities to upgrade India’s ageing defence fleet of 800 helicopters and aircraft.
On July 11, 2025, Reliance Infrastructure share price opened at ₹375.00 on NSE, above the previous close of ₹372.15. During the day, it surged to ₹384.95 and dipped to ₹374.50. The stock is trading at ₹378.90 as of 11:58 AM. The stock registered gains of 1.81%.
Over the past week, it has moved up by 1.88%, over the past month, it has declined by 1.47%, and over the past 3 months, it has moved up by 51.47%.
Reliance Defence’s ambitious foray into aerospace signals India's growing role in global aircraft manufacturing. With a ₹10,000 crore investment, strategic international joint ventures, and a focus on both civil and defence segments, Reliance Infrastructure’s aerospace push aims to reshape the domestic aviation industry and put India on the global aerospace map.
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Published on: Jul 11, 2025, 1:09 PM IST
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