While the quantum of investment could not be ascertained immediately, RIL said that a wholly-owned subsidiary would provide "growth capital" for the new cargo airline.
"We believe that our collaboration with Deccan 360 will see a transformation in the logistics domain in India," RIL's chairman and MD Mukesh Ambani said in a statement.
RIL's investment would help Deccan 360 increase its air and surface network coverage across the country, the company said.
Deccan 360 is developing a 50-acre hub at Nagpur in Maharashtra and currently has eight freight aircraft covering 15 airports and a fleet of over 300 trucks and 850 vehicles nationwide.
Source : http://beta.profit.ndtv.com/news/show/ril-takes-stake-in-cargo-carrier-deccan-360-35136
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