Reliance Infrastructure stock hits 5% upper circuit after sealing a landmark deal with Dassault Aviation to manufacture Falcon 2000 jets in India
Market Euphoria: Ambani’s Aerospace Bet Ignites Investor Rally
In a dramatic turn of events on June 18, Reliance Infra-structure Ltd. shares surged 5% to hit the upper circuit at ₹386.05 on the Bombay Stock Exchange. The catalyst? A game-changing partnership with French aerospace giant Dassault Aviation to manufacture Falcon 2000 business jets in India, a first in the company’s storied history.
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The announcement, made at the prestigious Paris Air Show, sent shockwaves through Dalal Street. Investors cheered as Reliance Aerostructure Limited, a subsidiary of Reliance Infra, revealed plans to establish a final assembly line in Nagpur under the Dassault Reliance Aerospace Limited (DRAL) banner. The move marks the first time Dassault will manufacture its Falcon jets outside France, and it positions India among an elite club of nations, alongside the U.S., France, Canada, and Brazil that produce next-gen business jets.
The market’s response was swift and emphatic. Reliance Infra’s market capitalization climbed to ₹15,292.64 crore, and the stock rebounded nearly 7% from its intraday low. For a company that has weathered volatility in recent years, this was a resounding vote of confidence.
Strategic Lift-Off: India’s Aerospace Dreams Take Flight
Beyond the stock ticker, the implications of this deal are profound. The Falcon 2000 jets, known for their luxury, performance, and versatility, will be manufactured for both corporate and military use, with the first “Made in India” jet expected to roll out by 2028.
The DRAL facility in Nagpur will become a global Center of Excellence for the Falcon series, including future support for the Falcon 6X and 8X programs. Dassault will also transfer the assembly of key components,wings, fuselage, and front sections,to India, signaling deep trust in Indian manufacturing capabilities.
Anil D. Ambani, Chairman of Reliance Group, called the partnership a “landmark in Reliance’s journey,” aligning with Prime Minister Narendra Modi’s vision of Atmanirbhar Bharat and Make in India for the World. Dassault CEO Eric Trappier echoed the sentiment, emphasizing the strategic ramp-up of DRAL and India’s growing role in the global aerospace value chain.
This isn’t just about jets it’s about jobs, technology transfer, and global credibility. DRAL plans to hire hundreds of engineers and technicians over the next decade, while Indian MSMEs and suppliers stand to benefit from integration into a high-value global supply chain.
Investor Sentiment & Strategic Signalling: A Double Win
The 5% surge in Reliance Infra’s stock isn’t just a knee-jerk reaction, it’s a reflection of renewed investor faith in the company’s long-term vision. Over the past five years, the stock has delivered a staggering 1500% return, and this aerospace pivot could be the next growth engine.
Analysts are already eyeing the stock’s low P/E ratio and strong fundamentals as indicators of untapped potential. With the DRAL facility poised to become a global hub, Reliance Infra is no longer just an infrastructure player it’s a strategic defense and aerospace contender.
This deal also sends a powerful message to global investors: India is not just a consumer of high-tech platforms it’s a creator, collaborator, and competitor on the world stage.
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