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Kalyani Group & SAAB tied up for air defence program

Kalyani Group has tied up with Swedish defence major SAAB to form a joint venture firm for the Short Range Surface to Air Missile (SR-SAM) and Man-Portable Very Short-Range Air Defense (VSHORAD) programmes. If they win the contract, 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. The JV is already under preparation and will be launched soon.

Source:http://www.moneycontrol.com/news/business/kalyani-group-swedens-saab-tiefor-air-defence-systems_5458801.html

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