Companies news
After Aircraft Spares, Reliance To Make Radar Components In Mihan
Nagpur: Reliance Group, which began commercial production of aircraft spares at its plant in Mihan-SEZ last month, plans to start work on another unit making radar components by October this year. The company is implementing the Rs30,000 crore offset arrangement, arising out the deal to buy 36 Raffale aircraft, from France’s Dassault for the Indian Air Force (IAF).
On April 18, Reliance started off with the production of nose-cones for Falcon, the business jet made by Dassault. Started on a small scale with over 40 workers, the first batch of nose-cones is expected to be dispatched by end of the year.
The same unit is planned to be expanded taking scale of employees to 600 eventually, said sources.
In the meantime plans are being worked out to set up a unit catering to Thales, also a French company and one of the key vendors of Dassault. The company makes radars and other electronic system. The radar unit will also be a part of the offset deal, said a source.
The radar unit will be registered as a separate entity for which the clearances are expected to be secured by July from the development commissioner for Mihan-SEZ. Work on the unit will start by October this year. It will have facilities to test radars and also make components. Initially, it may appoint 50 persons which may be scaled up in the future, the source said.
