Saab’s new factory in India: A step towards self-reliance in defence
Saab’s defence factory in Jhajjar, Haryana: Saab, a Swedish aerospace and defense company, has been a trusted supplier for India’s defence and security forces for over four decades. In a significant move, Saab, after receiving approval for 100% foreign direct investment, has established a new company, Saab FFVO India Pvt Ltd. This company will fully own a new manufacturing facility and produce the Carl-Gustaf M4 weapon.