Saab to set up R&D centre in India

Bangalore: Swedish defence company Saab AB today announced to set up a research and development centre in India and indicated that it is close to finalising a joint-venture with HAL in the field of airborne electronic warfare systems.
Saab’s president Hakan Buskhe said the R&D expected to become operational soon is projected to house up to 300 Indian engineers over the next five years working in the area of design.
The company is yet to finalise the location for the Indian R&D centre and Buskhe said it could come up in multiple places.
“The aim is to transfer already identified concrete programmes (to Indian R&D centre) over time,” he told a press conference here, ahead of the Aero India 2001 air show here.
Company officials also said that Saab is set to announce a joint venture with the Bangalore-headquartered Hindustan Aeronautics Limited (HAL).
The idea is to “put production and further development in a vehicle (joint venture with HAL) in India where we will produce and deliver to the global market,” said company’s Director, Head of Region Asia Pacific, Group Marketing & Business Development, Jan Widerstrom.
08/02/11 PTI/Economic Times

0 Responses to “Saab to set up R&D centre in India”

  1. Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *