Saab to manufacture its Gripen fighter aircraft in India
Advertisement
Advertisement
There is renewed hope in the aviation industry with Swedish defence major Saab is not only offering to set up a base here but also help in the development of aerospace capability for the next 100 years and partner in developing the next version of indigenous Light Combat Aircraft Tejas and the Advanced Medium Combat Aircraft (AMCA), being developed and designed by Aeronautical Development Agency.
Ulf Nilsson, head of Saab's aeronautics division, told PTI that the company is already doing its homework and identifying partners for collaboration.
Nilsson said the offer of technology transfer would be real as they are offering India 'full system control' and 'full software control'.
Saab (India) chief Jan Widerstrom said the company is also ready to stick by New Delhi's negative list, as was made clear by Defence Minister
Advertisement
"We have almost an identical system back in Sweden when it comes to defence exports. It is decided by the government and we too can't export to specific countries which is almost the same as that of India," Widerstrom said.
(Image credits: indiatimes)
Advertisement
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market