BIG move by Anil Ambani as Reliance Infra inks Rs 20000 crore pact with…; to explore…
This comes days after the French aircraft manufacturer Dassault Aviation and Reance’s Falcon 2000LXS Business Jets in India.
Anil Ambani continues to expand the business empire with a few new agreements through Reliance Group companies. Now, the reliance infrastructure limited Reliance Defense Limited, US -based coastal mechanics A.Ş. and India signed an agreement to jointly address the opportunity of 20,000 CRORE Defense Maintenance, Repair, Revision (MRO) and upgrade market opportunity.
Reliance Infra-Coastal Mechanical Partnership
In a statement, the Reliance infrastructure, the partnership will focus on providing support solutions for the Indian Armed Forces, upgrade and life cycle support solutions, and more than 100 Jaguar Hunter planes, more than 100 Mig-29 hunters aircraft, such as a variety of critical platforms, such as a variety of critical platforms, he said.
Anil Ambani has Reliance Infra’s energy power plants, metro railway, airports, bridges, mercenary roads and defense. As of June 30, it has a market value of 16837 RS. Coastal mechanics is the authorized contractor of the US Department of Defense. Companies said that the partnership targets a long -term opportunity directed by the strategy of adopting performance -based logistics instead of expanding and directly changing the asset life cycle of the Indian army. The company also said that the duo will also establish a joint venture (JV) to serve both the Indian market and export markets in Michashtra in Maharashtra.
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DASSAULT AVIATION AND RELIANCE COMPANY PACT
Recently, French aircraft manufacturer Dassault Aviation and Reliance Aerostrade Limited announced its partnerships to build Falcon 2000LXS Business Jets for the first time outside France. The agreement to build luxury planes in Nagpur for the global market was signed at the Paris Air Show.
(With inputs from PTI)
