Try GOLD - Free
RInfra sets sights on global aerospace with ₹10k cr bet
Hindustan Times Ranchi
|July 11, 2025
MUMBAI: Anil Ambani’s Reliance Defence Ltd plans to invest ₹10,000 crore in the aerospace business over the next decade, even as it prepares for India’s first locally made commercial aircraft to take to the skies in about three years.
Reliance Defence houses the aviation and munitions business of Reliance Infrastructure Ltd, a listed company. Part of its investment would be funded by Reliance Infra raising capital through preferential placement of shares, sale of shares to institutional buyers and placement of foreign currency bonds—adding up to ₹17,600 crore.
Reliance Infra also hopes to monetize nine road projects in its overall portfolio, said Rajesh Dhingra, managing director and chief executive of Reliance Defence, in an exclusive interview with Mint.
“That's the kind of road map we have ahead of us to be a global player. So five years from today, I think we would be in a position where we would be an integral part of the global aerospace domain,” said Dhingra.
He also said a “Made in India” Falcon 2000 business jet is expected to fly by 2028.
This story is from the July 11, 2025 edition of Hindustan Times Ranchi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Ranchi
Hindustan Times Ranchi
An unacceptable breach of faith
For the second time in three years, NTA is embroiled in an NEET paper leak row. This calls for long-term reform
2 mins
May 13, 2026
Hindustan Times Ranchi
'Iran parked its planes at Pak airbases to escape US strikes’
Pakistan's role as amediator in the US-Iran conflict faced scrutiny on Tuesday after a report in CBS news citing US officials stated that Islamabad may be harbouring Iranian military aircraft, shielding them from US strikes during the US-Iran war.
1 mins
May 13, 2026
Hindustan Times Ranchi
India & Iran: Partners in an uncertain world
Relations between Iran and India are rooted in thousands of years of historical, cultural, and civilisational ties.
3 mins
May 13, 2026
Hindustan Times Ranchi
Reading the tea leaves on the Xi-Trump meet
US President Donald Trump will arrive in Beijing on May 14 for a two-day meeting with Chinese President Xi Jinping—the first visit by a sitting US president in nearly a decade.
4 mins
May 13, 2026
Hindustan Times Ranchi
Hantavirus outbreak and the anxieties of our times
The outbreak calls for monitoring and coordinated response — not panic. It is also a reminder to continue investing in strong disease surveillance, laboratory capacity, and timely communication
4 mins
May 13, 2026
Hindustan Times Ranchi
A calibrated demand deflation
The PM's advice on consumption reflects the economic pain inflicted by the war in West Asia
2 mins
May 12, 2026
Hindustan Times Ranchi
Under-fire Starmer vows to prove ‘doubters’ wrong
Embattled British Prime Minister Keir Starmer came out fighting on Monda vowing to prove his “doubter: wrong as he sought to quell a growing threat to his leadership following disastrous election results.
2 mins
May 12, 2026
Hindustan Times Ranchi
What the Iran conflict says about US power
The US-Israel war against Iran shows that overwhelming military and economic power no longer guarantee control.
3 mins
May 12, 2026
Hindustan Times Ranchi
Seeking synthesising generalists in Al age
Coaching factories have killed the infrastructure that enabled multi- dimensional intellectual development. India must rebuild, deliberately and at scale, the competitive public culture that trained its brightest minds to become highly accomplished generalists
4 mins
May 12, 2026
Hindustan Times Ranchi
Lab to life shift for innovation in India
Bharat's innovation story is no longer emerging — it is axiomatic, defined by a unique fusion of demographic prowess, digital infrastructure, and an unyielding spirit of ingenuity.
4 mins
May 12, 2026
Listen
Translate
Change font size