The Saab Group intends to make India a “home market” by leveraging India’s developing and manufacturing strengths for exports of defence systems to world markets.
For all major future programmes, Saab will partner an Indian company either through a teaming agreement or through a joint venture. It will share technology with these companies, localize production and offer it to both Indian and global customers.
Saab Invests In Indian Company Pipavav
Saab has acquired 3.33 per cent stake in the listed Indian company Pipavav Offshore and Defence Engineering Ltd (Pipavav). The investment of MSEK 250 has now been made in shares issued through a, to Saab, directed share issue.