In India, Dassault has 50 per cent offset obligation for 36 Rafale aircraft, a contract valued close to 8 billion euros. Reliance Defence is a key partner with Dassault Aviation for the largest offset programme so far in India.
"Signing this MOU on the sidelines of the Paris Air Show, Reliance Defence envisages a strategic partnership with Daher with aim to jointly explore opportunities in design and manufacture of composite parts; design and build of welded ducts, metal conduits, swaged pipes and cable harness supports; aerostructure components, integrated logistics, airframes, assemblies and related industrial activities."
The company elaborated that the new facility with Daher Aerospace fosters a comprehensive defence manufacturing eco-system through backward integration under the government's 'Make in India' programme for indigenous manufacturing of aerospace components.
The global demand for composites is estimated to rise from $18 billion to $43 billion by year 2032.
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