Saab and Kalyani Group joint ven­ture

SP's MAI - - COR­PO­RATE NEWS -

Swedish de­fence and se­cu­rity com­pany Saab, to­gether with In­dian com­pany Kalyani Strate­gic Sys­tems Ltd (KSSL), the de­fence arm of Kalyani Group, an­nounced prepa­ra­tions for a joint ven­ture com­pany in In­dia for the SR­SAM and VSHORAD air de­fence pro­grammes.

The joint ven­ture, which will be set up by Saab and KSSL, will han­dle the main part of pro­duc­tion and de­liv­ery of these air de­fence sys­tems to the In­dian cus­tomer. The pro­duc­tion in In­dia will com­prise of sub­sys­tems and sys­tems for SR­SAM and VSHORAD with the aim to trans­fer pro­duc­tion as well as devel­op­ment knowl­edge to In­dia.

“I am glad to an­nounce our con­tri­bu­tion to ‘Make in In­dia’ through our agree­ment with KSSL and the Kalyani Group to es­tab­lish a joint ven­ture com­pany in In­dia for the air de­fence pro­grammes. The JV is al­ready un­der prepa­ra­tion within both com­pa­nies, and will be ready to launch soon”, says Gör­gen Jo­hans­son, head of Saab Busi­ness Area Dy­nam­ics.

To se­cure pro­duc­tion qual­ity, or­ders of mis­sile parts have al­ready been is­sued to KSSL and pro­duc­tion-readi­ness re­views are on­go­ing. Saab and KSSL are al­ready plan­ning for the tech­nol­ogy trans­fer for dif­fer­ent pack­ages within the pro­grammes.

“The joint ven­ture com­pany will com­bine Saab’s knowl­edge and ex­pe­ri­ence as a de­vel­oper and sup­plier of high-tech­nol­ogy radar and mis­sile sys­tems, with the en­gi­neer­ing ex­cel­lence and man­u­fac­tur­ing ca­pa­bil­i­ties of the Kalyani Group. The joint ven­ture will cre­ate a global sup­plier in the area of ground-based air de­fence sys­tems based in In­dia”, says Amit Kalyani, Ex­ec­u­tive Di­rec­tor at Kalyani Group.

Saab’s proven track record of of­fer­ing strong, sec­ond-to-none, long-term in­dus­trial part­ner­ships and tech­nol­ogy trans­fer has helped us to con­stantly ex­ceed ex­pec­ta­tions and de­liver more than promised.

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