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Reliance Defence forms JV with Thales for IAF's Rafale jet production

The JV at Mihan wil serve offset clause pf $1 billion offset against 36 fighter jet

Arindam Majumder  |  New Delhi 

French defence firm Thales, a supplier of radar and electronic warfare, display systems, software, communication solution to Rafale jet fighters set up a joint venture with Anil Ambani's Reliance Defence Ltd to integrate India-specific capabilities for 36 Rafale jet fighters and maintain radars and manufacture high-performance airborne electronics.  The Indian government signed a contract to purchase 36 Rafale fighter jets in fly-away condition for Indian Air Force in last September for $8.8 billion. The JV will also serve to leverage Dassault's offset ...

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First Published: Thu, June 22 2017. 00:58 IST
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