Dassault in talks to acquire stakes of Reliance in DRAL Nagpur ; Can roll out 2 Rafale aircraft per month

Source : IgMp Bureau

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The French aircraft manufacturer Dassault Aviation is in talks to buy out the stake of its partner Reliance in their joint-venture Dassault Reliance Aerospace Limited (DRAL) that will make it a fully owned Dassault subsidiary.

The MRFA will not be executed under the strategic partnership model that required manufacturing of the jets in India from the raw material stage that involved complex transfer of technology.

The Indian Defense Ministry has already removed the offset clause that will also keep the price under check.

If the Rafale aircraft is selected under MRFA tender, then the Dassault Reliance Aerospace Facility (DRAL) could assemble 2 Rafale aircraft per month and will also carry out Rafale servicing at a new center at the facility by early 2023.