Reliance, Dassault tie up for Rafale deal execution
Anil Ambani-led Reliance Infrastructure and Rafale jets maker Dassault Aviation on Monday announced a joint venture for the execution of the offset contract worth about ₹22,000 crore as part of the fighter jet deal. This is reportedly India's largest-ever offset contract. The announcement of Dassault Reliance Aerospace follows India and France signing an agreement for 36 Rafale fighter jets.