Dassault Aviation Increases Stake in Dassault Reliance Aerospace to 51 Percent

Dassault Aviation has raised its shareholding in Dassault Reliance Aerospace Ltd (DRAL) to 51 percent by acquiring an additional 2 percent stake from Reliance Infrastructure for INR 1.76 billion. With this transaction, Reliance Infrastructure’s stake in DRAL has reduced to 49 percent.

As a result of the change, DRAL will become an associate company of Reliance Infrastructure and a subsidiary of Dassault Aviation. The joint venture, located in Nagpur and originally established under Reliance Aerostructure Limited, has been designated as Dassault’s Centre of Excellence for Falcon aircraft. Plans include establishing a Final Assembly Line for Falcon business jets at Mihan in Nagpur, which would be the first of its kind outside France.

For the financial year 2025, DRAL recorded a turnover of INR 699.3 million and a net worth of INR 471.3 million. Dassault Aviation reported a backlog of 75 aircraft as of 30 June 2025. The company also stated that it has a market capitalisation exceeding INR 2 trillion and cash reserves of more than INR 800 billion.

Dassault Aviation designs, integrates and manufactures Rafale fighter aircraft and Falcon business jets. The France-headquartered company operates in both the defence and civil aviation sectors.