Our Bureau
08:26 AM, February 13, 2016
4850
Saab Ashok Leyland SRSAM 3

Saab, Kalyani Strategic Systems Ltd (KSSL) have announced plans to set up a joint venture to bid for India’s SRSAM and VSHORAD Air Defence Programmes.

The joint venture will handle the main part of production and delivery of these air defence systems to the Indian customer. The production in India will comprise of subsystems and systems for SRSAM and VSHORAD with the aim to transfer production as well as development knowledge to India, Saab said in a statement Saturday.

“The JV is already under preparation within both companies, and will be ready to launch soon”, said Görgen Johansson, head of Saab business area Dynamics.

To secure production quality, orders of missile parts have already been issued to KSSL and production-readiness reviews are ongoing. Saab and KSSL are already planning for the technology transfer for different packages within the programmes.

“The joint venture will create a global supplier in the area of Ground Based Air Defence Systems based in India”, said Amit Kalyani, Executive Director at Kalyani Group.

Also Read
Features
More..