Saab Group

Saab and the Adani Group had announced their partnership on August 31, 2017

Swedish weapons giant says legacy supply chain can switch to new product

The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure. "We are already the world's largest solar player, and we intend to do far more

The production of the shoulder-fired weapons having a range of 1,500 metres will start in 2024, said Gorgen Johansson, Saab's senior vice president

Swedish defence manufacturer Saab Group has said that it is ready to start making its very-short-range air-defence (VSHORAD) system in India, provided the customer, the Government of India, issue its supply order. The company is in touch with around 110 companies in India for local supplies of the product and working on testing with many of them, said senior officials from the company.The procurement process for the VSHORAD missile system has been pending for almost ten years now and the company utilised the time to source new suppliers, fine-tune its off-set arrangements, and scout new offices locations in India"We are ready with our product now and it is only a matter of when the customer is ready to procure it," said Bo Almqvist, Director Strategic Business Project at Saab Dynamics. The company will be showcasing the technology in the DefExpo 2018, organised from April 11, in Chennai.India is looking for a VSHORAD system to replace its ageing system from Russia and would be ...