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Reliance Infra Bets Rs 5,000 Cr on Aircraft Upgrade Venture
The Business Guardian
|June 09, 2025
Reliance is looking to turbo-charge its defence vertical with a focus on aircraft upgrade programmes, eyeing an opportunity of Rs 5,000 crore over the next 7-10 years, sources said.
This strategic foray positions Reliance Infrastructure as India's first private sector company to independently execute a comprehensive aircraft upgrade programme without being the original manufacturer – a domain traditionally dominated by public sector units and OEMs.
According to a company source, the company has already marked a significant milestone by successfully upgrading 55 Dornier-228 aircraft under a contract with Hindustan Aeronautics Ltd (HAL), in collaboration with US-based avionics firm Genesys.
This story is from the June 09, 2025 edition of The Business Guardian.
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