India’s Richest Seek New Fortunes in Weapons on China Rivalry

India’s Richest Seek New Fortunes in Weapons on China Rivalry

Chris Ratcliffe/Bloomberg

A Rafale military jet, manufactured by Dassault Aviation SA, lands at the Paris Air Show in Paris. Ambani’s Reliance Industries Ltd., the Mumbai-based operator of the world’s biggest refinery complex, signed an agreement this year with Dassault Aviation SA to explore defense projects.