SAAB INITIATES CONSTRUCTION OF NEW CARL-GUSTAF FACTORY IN INDIA
Saab has commenced the construction of its new Carl-Gustaf® manufacturing facility in India with a groundbreaking ceremony held today. The factory will be situated in the state of Haryana.
After obtaining approval for 100% foreign direct investment, Saab has established a new company, Saab FFVO India Pvt Ltd, which will fully own the new manufacturing facility and produce the Carl-Gustaf M4 weapon.
“I am proud to initiate the construction of our first facility outside Sweden for Carl-Gustaf, a product with a long-standing history within the Indian Armed Forces. We eagerly anticipate commencing production of our exceptional product, now engineered and manufactured in India,” states Görgen Johansson, Senior Vice President and Head of Saab’s business area Dynamics.
“Today marks an important milestone for Sweden and India. Saab’s factory will be the first fully-owned foreign defence production facility in India. It underscores the robust bilateral relationship between our nations,” remarks Håkan Jevrell, State Secretary for Foreign Trade, Sweden.
The facility is being constructed in the state of Haryana at the MET City in Jhajjar. The state boasts a robust industrial base with potential partners and skilled employees.
Saab will collaborate with Indian suppliers and fully comply with the requirements of “Make in India” for the systems manufactured in the facility. Complex technologies, including the latest sighting technology and advanced carbon fibre winding, will be deployed by Saab at the new factory to manufacture the Carl-Gustaf M4 for the Indian armed forces, as well as components that may be integrated into other users’ systems.
The Carl-Gustaf system has been in service with the Indian Army since 1976 and is established as the primary shoulder-launched weapon in the Indian Armed Forces.
Saab, a leading defence and security company, is dedicated to assisting nations in keeping their people and society safe. With a workforce of 22,000 talented individuals, Saab continually pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures, and maintains advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. Headquartered in Sweden, Saab operates major facilities worldwide and contributes to the domestic defence capabilities of several nations.