Reliance-Dassault JV to make military combat aircraft

India’s Reliance Group enters into the joint venture (JV) with Dassault Aviation to manufacture and supply military combat aircraft on a worldwide basis. The JV is formed to execute significant offsets for the Rs. 58,000 crore Rafale fighter jet deal. The Reliance Group will hold 51 per cent of the share in the joint venture with Dassault holding the rest.


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