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Reliance Defence to partner France's Daher for aerospace components

"This offers a great opportunity for both the companies to work together for aerospace composites parts manufacturer. There is an increasing demand in aerospace sector for the composite components," Reliance Infrastructure said in a BSE filing.

June 23, 2017 / 08:26 IST
With 160 deals, IT and ITES was the busiest sector followed by manufacturing and healthcare (47). The banking, financial services and insurance (BFSI) space was third, recording 41 deals. Let's take a look at the biggest mergers and acquisitions in India this year. (Representative image)

With 160 deals, IT and ITES was the busiest sector followed by manufacturing and healthcare (47). The banking, financial services and insurance (BFSI) space was third, recording 41 deals. Let's take a look at the biggest mergers and acquisitions in India this year. (Representative image)

 
 
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Reliance Infrastructure today said its arm Reliance Defence has entered into a pact with Daher Aerospace, France for aerospace equipment manufacturing.

"This offers a great opportunity for both the companies to work together for aerospace composites parts manufacturer. There is an increasing demand in aerospace sector for the composite components," Reliance Infrastructure said in a BSE filing.

Signing an MoU on the sidelines of the Paris Air Show, Reliance Defence envisages a strategic partnership with Daher with aim to jointly explore opportunities in design and manufacture of composite parts; design and build welded ducts, metal conduits, swaged pipes and cable harness supports; aerostructure components, integrated logistics, airframes/ assemblies and related industrial activities, it said.

The new facility with Daher Aerospace fosters a comprehensive defence manufacturing ecosystem through backward integration under the government's 'Make in India' programme for indigenous manufacturing of aerospace components.

Daher Aerospace is tier-I manufacturer in aerostructures segment comprising Fuselage Sections and Fairings made of composites as well as conventional metals for Dassault Aviation and other leading global aircraft manufacturers.

In India, Dassault has 50 per cent offset obligation for 36 Rafale aircraft, a contract valued close to 8 billion euros.

first published: Jun 23, 2017 08:15 am

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