Sweden’s Saab and Chennai-based Ashok Leyland have teamed up to manufacture truck simulators in India for defense applications. The 4K computer graphic visualization simulator will be integrated into the Ashok Leyland Stallion 4x4 vehicle, the most widely used in the armed forces and paramilitary forces. The simulator will help improve...
Saab Willing to Transfer Defense Technology to India
Jan Widerstrom, chairman, Saab India Technologies, told Economic Times in an interview, “I say that I want to be Indian. I want our company to be Indian, and in the right environment, we will be Indian,” he said. “The government is already working to make the business environment right.” Saab...
Reliance Defense Acquires SAAB Stake in Pipavav
Security and defense company Saab of Sweden has sold its stake – approximately 3.3 percent – in Pipavav Defense and Offshore Engineering Company Limited to Reliance Defense Systems. The value of the transaction was not revealed, but it forms part of Reliance Defense's efforts to expand its ownership in Pipavav....