Reliance Defence signs an MoU with France’s Daher Aerospace

Reliance Defence signed a memorandum of understanding with Daher on the sidelines of Paris Air Show.

The Dollar Business Bureau 

Reliance Infrastructure Ltd said on Thursday that its wholly-owned subsidiary Reliance Defence has signed a pact with French industrial conglomerate - Daher for manufacturing aerospace equipment.

“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,” said Reliance Infrastructure in a filing with BSE.

Reliance Defence, while signing a memorandum of understanding (MoU) with Daher on the sidelines of Paris Air Show, envisions a strategic partnership with the company aiming to jointly explore possibilities in designing and manufacturing of composite parts; designing and building welded ducts, swaged pipes, metal conduits and cable harness supports; aerostructure components, airframes/assemblies, integrated logistics and other related industrial activities, the company said. 

The new unit with Daher fosters a comprehensive ecosystem for defence manufacturing through backward integration in line with the 'Make in India' programme of the Government, which promotes for indigenous making of aerospace components. 

Daher Aerospace is a Tier-I manufacturer in the domain of aerostructures consisting of fuselage and fairings of aircraft made of composites and also conventional metals for the French aircraft manufacturer Dassault Aviation and other major aircraft manufacturers of the world. 

In India, Dassault Aviation has 50% offset commitment for delivering 36 Rafale aircrafts, a deal valued around 8 billion euros. 

The Dollar Business Bureau - Jun 23, 2017 12:00 IST