30 September 2011

Saab deepens its commitment with a new Indian entity - Saab India Technologies Pvt. Ltd.

Saab strengthens its commitment as a long-term partner to the Indian defence industry, armed forces and national security with its new Indian entity “Saab India Technologies Private Limited”. The company is a fully owned subsidiary of Saab AB starting 1 October 2011.

Saab has been a supplier to the Indian armed forces since decades. Saab signed its first license agreement in India very early in the relationship, which continues to be strengthened. Saab India Technologies Pvt. Ltd. is a result of a continuous presence in India together with the defence industry private and public sector as well as research and development organizations.

Saab India Technologies Pvt. Ltd. is a wholly owned subsidiary of Saab, establishing India as a strategic home market of the future. Saab provides world-leading products, services and solutions within the fields of defence, aviation and civil security. Saab offer it’s complete product range in India for all defence and aviation related business opportunities from underwater, land and aerospace.

Saab contributes, with its know-how and commitment, to development in India by strengthening an indigenous and independent defence base, transfer of technology and thus economic development enhancing civil security and thus social development.

“Our commitment to the security of the Indian society manifests through R&D investments, customized solutions and tailor made offset projects. We are intensifying our operations in India with a long-term perspective contributing with technological know-how to the Indian defence industry,” says Jan Widerström, Chairman of the board for Saab India Technologies Pvt. Ltd.

“In Saab’s ambition to enable India to develop a strong distinct position with its developing defence industry, the company continues to develop its competence in India with a growing organisation bringing in Swedish experienced personnel and hiring local Indian expertise. Saab India Technologies is the preferred employer for all competence and resources under the Saab umbrella," says Inderjit Sial, Managing Director for Saab India Technologies Pvt. Ltd., reconfirming that with this new company Saab has a stronger handshake with India.