PARIKRAMA
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According to the release, the proposed strategic partnership will also focus on promoting Research and development projects under the IDDM program (Indigenously Designed, Developed and Manufactured), a new initiative of India’s Defence Minister Manohar Parrikar. This new JV will support Prime Minister Modi’s “Make in India” and “Skill India” policies and develop major Indian programs with high levels of technology transfer to benefit the entire aerospace sector, the release added.
Commenting on the JV, Anil Ambani, chairman of Reliance Group said, “This is a transformational moment for the Indian Aerospace sector and for Reliance Infrastructure’s subsidiary Reliance Aerospace.” “We are delighted to partner a world leader in aviation like Dassault Aviation, and a visionary leader like Eric Trappier,” he said.
Eric Trappier, Dassault Aviation Chairman & CEO said, “The formation of this Joint venture with Reliance Aerospace led by Anil Ambani’s Reliance Group illustrates our strong commitment to establish ourselves in India and to develop strategic industrial partnerships under the “Make in India” policy promoted by the Indian Government.”
http://www.financialexpress.com/ind...-fighter-jet-iaf-make-in-india-offset/402719/
@Skull and Bones - Your post got answered.. Looks like MII plan is now in action surely
Commenting on the JV, Anil Ambani, chairman of Reliance Group said, “This is a transformational moment for the Indian Aerospace sector and for Reliance Infrastructure’s subsidiary Reliance Aerospace.” “We are delighted to partner a world leader in aviation like Dassault Aviation, and a visionary leader like Eric Trappier,” he said.
Eric Trappier, Dassault Aviation Chairman & CEO said, “The formation of this Joint venture with Reliance Aerospace led by Anil Ambani’s Reliance Group illustrates our strong commitment to establish ourselves in India and to develop strategic industrial partnerships under the “Make in India” policy promoted by the Indian Government.”
http://www.financialexpress.com/ind...-fighter-jet-iaf-make-in-india-offset/402719/
- A big step for MII hurdle also cleared..
- Now component level facility will be up..
- Next would be assembling and sub assembling level work and creation of the ecosystem with skills
- Then should be the ability to do CKD/SKD based assembling...
- Looks like Raffy from Indian plant is not very far away judging by the plan and its progress..
- We should see some progress in Indian Rafale order as well may be in next 1 year...
@Skull and Bones - Your post got answered.. Looks like MII plan is now in action surely