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Business
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Jun 19, 2025
Reliance Infrastructure shares surge 5% amid Dassault partnership
Reliance Infrastructure's shares jumped 5% on news of a new partnership with France's Dassault Aviation to build Falcon 2000 business jets in India.
The buzz cooled off slightly by the end of the day, but investors are clearly paying attention.
TL;DR
India joins global business jet manufacturing map
This move puts India on the global map for business jet manufacturing—joining big names like the US and France.
The new assembly line in Nagpur will be Dassault's first outside France.
Reliance's stock has skyrocketed about 85% in a year
Reliance Infrastructure has had a wild ride lately—up about 40% in just one month and 85% over the past year.
Their profits bounced back big time last quarter, even though overall revenue dipped a bit.
All eyes are now on how this aerospace push shapes their future.