New Delhi, June 9 -- Reliance Infrastructure is set to significantly boost its defence vertical by targeting aircraft and helicopter upgrade programmes worth Rs 5,000 crore over the next 7-10 years, sources revealed.
This strategic shift marks Reliance as the first private Indian firm to independently handle comprehensive aircraft upgrades-an area traditionally dominated by public sector units and original equipment manufacturers (OEMs).
The company recently achieved a milestone by successfully upgrading 55 Dornier-228 aircraft under a Rs 350 crore contract with Hindustan Aeronautics Ltd (HAL), in collaboration with US-based avionics firm Genesys.
Initially awarded a contract for 37 aircraft, Reliance received a repeat order for 18 mor...
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