Reliance Infrastructure Limited (RInfra) promoted Reliance Aerostructure Limited's Joint Venture (JV) with Dassault Aviation DASSAULT RELIANCE AEROSPACE LIMITED (DRAL) has been incorporated. Reliance Aerostructure Limited (RAL) will have 51% shareholding in the JV, while Dassault Aviation (DA) will hold 49%. The proposed strategic partnership between Dassault and Reliance will also focus on promoting Research and Development projects under the IDDM program (Indigenously Designed, Developed and Manufactured).

Eric Trappier, Chairman of Dassault Aviation France, will be the Chairman, and Anil D Ambani, Chairman of Reliance Group, will be the Co-Chairman of DRAL.