Dassault Aviation to Acquire 51% Stake in DRAL for Majority Control
Dassault Aviation plans to increase its stake in Dassault Reliance Aerospace Limited (DRAL) from 49% to 51%, gaining majority control in this joint venture aimed at enhancing India’s aerospace manufacturing capabilities. Established in 2017, DRAL produces components for the Rafale fighter jet and Falcon business jets. This strategic move aligns with India’s Make in India and Atmanirbhar Bharat initiatives, signaling Dassault’s commitment to the Indian defense sector. By taking majority ownership, Dassault is expected to enhance localization efforts, attract more investment, and position DRAL as a central hub for future aerospace projects, ultimately strengthening India’s defense manufacturing ecosystem.