Saab signs ouside Saab AB in Linköping, Sweden. Credits: Jeppe Gustafsson/Getty Images.

Saab AB, a Sweden-based aerospace and defence company, has begun construction of its new Carl-Gustaf manufacturing plant in Jhajjar, India.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As part of Saab’s new plans in India, the Swedish arms manufacturer has set up a new entity, Saab FFVO In, to build its first Carl-Gustaf M4’s manufacturing facility outside Sweden. The new factory will use recent technologies, including modern imaging technology and advanced carbon fibre winding, to manufacture the Carl-Gustaf M4 grenade launcher for the Indian army, as well as components that may be used for other military systems.

The decision to invest in India and establish a manufacturing facility there highlights the growing trust in the country’s defence sector capabilities. 

Görgen Johansson, senior vice president and head of Saab’s Business Area Dynamics, said: “I am proud to start constructing our first facility outside Sweden for Carl-Gustaf, a product that has a long history with the Indian Armed Forces. We look forward to starting production of our excellent product, now engineered and made in India”.

See Also:

Once completed, the 4567 m2 facility will hire around 100 employees and meet the “Make in India” requirements. The government-led initiative is looking to attract more investments in the Indian manufacturing sector, as tensions between the West and China continue to rise and pose a risk to already-strained supply chains. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

By 2025, the Ministry of Defence aims to have a turnover of $26bn in aerospace and defense manufacturing, with $5bn in exports.