Indian Air Force Rafale Jets Will Be Made In India, To Give Boost To Tejas Technology

India's largest-ever military deal is likely to bring in big business for the private sector with the French side looking to set up a production centre for the Rafale fighter aircraft as well as a low-cost executive jet in India, besides sharing vital aircraft technology for the indigenous Tejas project.

Officials familiar with the project have told ET that major partners for this 'Make in India' project are currently being identified by the French side and are likely to include Anil Ambani's Reliance Defence Systems, Noida-based Samtel and Bharat ElectronicsBSE -0.36 %. These officials, both Indian and French, spoke on the condition they not be identified.

Spokespersons of the Anil Ambani-led Reliance Group told ET "there is no development". Officials on the French side told ET, on condition of anonymity, that the agreement between Rafale and an Indian partner will be on the lines of the 2012 agreement between the French company and the Mukesh Ambani-led Reliance Industries

Source : techgignews.com