Reliance Infrastructure (RInfra) is reportedly planning to enter into composites manufacturing for supply to aircraft makers. For this, the company is outlined an initial investment of Rs 85 crore and it targets exports of Rs 315 crore over next five years. The company has tie-up with French aircraft maker Daher as a technology partner for manufacturing composite materials for aircraft.
RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
