Defence manufacturer Saab to set up new facility in India, make weapons system
India Today
The facility will begin production in 2024, Senior Vice President Gorgen Johansson told reporters at a news conference.
Swedish defence products company Saab (SAABb.ST) will set up a facility to manufacture its Carl-Gustaf M4 weapons system in India, a top executive said on Tuesday, as the company looks to ramp up production.
The facility will begin production in 2024, Senior Vice President Gorgen Johansson told reporters at a news conference.
Johansson declined to provide detail on the investment that the company is likely to make in the facility.
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