Saab, a leading manufacturer in the global defence industry, has embarked on a journey in India by establishing its manufacturing plant at Reliance MET City, Haryana. This significant move marks the country’s first-ever 100% Foreign Direct Investment (FDI) in the defence sector, highlighting Saab’s commitment to innovation, sustainability, and excellence. Renowned for its cutting-edge military defense and civil security solutions, including fighter aircraft, surveillance systems, and radar technologies, Saab is set to enhance its global footprint while contributing to the advancement of India’s defence manufacturing capabilities.
On March 4, 2024, a momentous step was taken in India’s defence sector as Saab initiated the construction of its first Carl-Gustaf® manufacturing facility outside of Sweden. This groundbreaking ceremony in Haryana marks a significant milestone, with Saab setting up a new venture, Saab FFVO India Pvt Ltd, to spearhead this ambitious project. This establishment is a result of receiving the green light for 100% foreign direct investment, showcasing a remarkable instance of international cooperation and trust.
Görgen Johansson, Senior Vice President and Head of Saab’s business area dynamics, expressed immense pride in this strategic expansion, stating, “Constructing our first facility outside Sweden for Carl-Gustaf, a weapon deeply integrated with the Indian Armed Forces, is a monumental step. We are eager to commence production of our top-notch, now entirely engineered and manufactured in India, product.” Echoing the sentiment of a deepening Sweden-India partnership, Håkan Jevrell, State Secretary for Foreign Trade, Sweden, remarked, “This is a landmark day for both Sweden and India. The establishment of Saab’s fully foreign-owned defence factory in India is a solid testament to the robust bilateral ties shared between our countries.”
Strategically positioned in the Reliance MET City, Jhajjar, Haryana, the upcoming facility benefits from the state’s vibrant industrial ecosystem, filled with capable partners and a skilled workforce. This venture aligns with India’s “Make in India” initiative, as Saab commits to engaging local suppliers and incorporating state-of-the-art manufacturing technologies, including advanced sighting technology and carbon fibre winding. The aim is to produce the Carl-Gustaf M4 for the Indian armed forces and potentially supply components for global users.
The Carl-Gustaf system, a cornerstone of the Indian Army since 1976, is renowned as a primary shoulder-launched weapon. This new factory underscores Saab’s dedication to enhancing India’s defence manufacturing capabilities while fostering self-reliance in defense technology. Specializing in military defense and civil security, Saab develops advanced technology solutions to meet the evolving needs of its global customers. The company’s product portfolio includes fighter aircraft, surveillance systems, submarines, and radar systems, among others.
In his LinkedIn post, Vaibhav Mittal shared his excitement over Saab’s decision to select Reliance MET City as the prime destination for establishing their manufacturing facility in India. He elaborated on this sentiment by expressing his delight in welcoming esteemed dignitaries such as H.E. Hakan Jevrell, the State Secretary of Trade from Sweden, alongside H.E. Jan Thesieff, the distinguished Ambassador of Sweden to India, and the esteemed leadership team from SAAB.
This occasion was commemorated through a groundbreaking ceremony marking the commencement of construction for Saab’s inaugural production plant dedicated to crafting the Carl Gustaf M4 weapon system renowned for its world-class standards and precision. Saab is known for its commitment to sustainability and innovation, driving advancements in the defence industry. With a strong focus on quality and customer satisfaction, Saab remains a trusted partner for governments and organisations worldwide.
