Thales and Reliance Defence Limited announced their intent to form an Indian joint venture (JV) with the proposed shareholding of 49% and 51% respectively.

Leveraging Thales offset commitment as part of Rafale Contract, the joint venture is to develop Indian capabilities to integrate and maintain radar and electronic warfare sensors. It will develop skills and activity in the Special Economic Zone of Mihan-Nagpur together with an Indian supply chain for the manufacturing of microwave technologies and airborne electronics.

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