Business Economy


Dassault Aviation partners with TASL to manufacture Rafale fighter aircraft fuselage in India

Hyderabad, June 5 (UNI)Dassault Aviation and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements to manufacture the first-ever Rafale fighter aircraft fuselage in India.
This facility represents a significant investment in India’s aerospace infrastructure and will serve as a critical hub for high-precision manufacturing, TASL, a wholly owned subsidiary of Tata Sons, said in a release here on Thursday.
Under the partnership, TASL will set up a cutting-edge production facility in Hyderabad for the manufacture of key structural sections of the Rafale, including the lateral shells of the rear fuselage, the complete rear section, the central fuselage, and the front section.
The first fuselage sections are expected to roll off the assembly line in FY2028, with the facility expected to deliver up to two complete fuselages per month.
"For the first time, Rafale fuselages will be produced outside France. This is a decisive step in strengthening our supply chain in India. Thanks to the expansion of our local partners, including TASL, one of the major players in the Indian aerospace industry, this supply chain will contribute to the successful ramp-up of the Rafale and, with our support, will meet our quality and competitiveness requirements," said Eric Trappier, Chairman and CEO of Dassault Aviation.
Sukaran Singh, Chief Executive Officer and Managing Director, Tata Advanced Systems Limited, said, “This partnership marks a significant step in India’s aerospace journey. The production of the complete Rafale fuselage in India underscores the deepening trust in Tata Advanced Systems’ capabilities and the strength of our collaboration with Dassault Aviation. It also reflects the remarkable progress India has made in establishing a modern, robust aerospace manufacturing ecosystem that can support global platforms.”
The signing of these contracts reflects Dassault Aviation’s strong commitment to India’s ‘Make in India’ and Atma Nirbhar initiatives. This partnership aims to strengthen India’s position as a key player in the global aerospace supply chain while supporting its goal of greater economic self-reliance.
UNI KNR BD
More News

Indian stock markets end lower amid fresh blows between US and Iran

11 Jun 2026 | 7:26 PM

New Delhi, June 11 (UNI) Indian stock markets on Thursday ended lower in a highly volatile session. Nifty 50 close below the 23,200 mark amid broad-based selling across sectors, and taking fresh cues from the United States (US) fresh attack on Iran.
At close, the Sensex was down 150.63 points or 0.20 percent at 73,832.55, and the Nifty was down 53.35 points or 0.23 percent at 23,161.60.

see more..

Piyush Goyal will visit Switzerland to foster implementation of TEPA

11 Jun 2026 | 6:44 PM

New Delhi, Jun 11 (UNI) Commerce and Industry Minister Piyush Goyal is scheduled to visit Berne, Switzerland, on June 12, where he will meet senior Swiss government officials and leading representatives of the pharmaceutical industry to advance the implementation of the Trade and Economic Partnership Agreement (TEPA) and further deepen economic ties between India and Switzerland.

see more..

Reliance 4IR Realty consortium bags Mumbai slum redevelopment project

11 Jun 2026 | 5:35 PM

Mumbai, June 11 (UNI) A consortium led by Reliance 4IR Realty Development Limited which is a subsidiary of the Mukesh Ambani-led Reliance Industries Ltd (RIL) has emerged as the highest bidder for the cluster redevelopment of the 101-acre Juhu slum corridor, according to official sources.

see more..

RBI imposes 3-year cooling -off rule for directors to curb long-term control in Cooperative Banks

11 Jun 2026 | 4:55 PM

Pune, June 11 ( UNI) In a significant move aimed at curbing monopoly and long-standing control in the cooperative banking sector, the Reserve Bank of India (RBI) has directed that directors who have served continuously on the boards of District Central Cooperative Banks (DCCBs) and Urban Cooperative Banks (UCBs) for ten years must step down and observe a mandatory three-year cooling-off period.

see more..

TCS partners with Anthropic, gives Claude access to 50,000 employees

11 Jun 2026 | 4:41 PM

New Delhi, June 11 (UNI) Tata Consultancy Services (TCS) on Thursday announced a global strategic partnership with Anthropic, the developer of AI assistant Claude, to help enterprises scale artificial intelligence adoption and move AI initiatives from pilot projects to production.

see more..