Saturday, October 30, 2010

Swedish defence giant SAAB seeks more share in India

Swedish defence equipment maker, SAAB, is looking to have a key role in supply of equipment for the three services - the Army, the Navy and the Air Force. The company that is the one of the six contenders for the $11-billion deal for fighter aircrafts for the IAF, is already having tie-up for 'Carl Gustav' rocket launchers for the Indian Army and the stealth technology radars for the Navy. CEO of SAAB Håkan Buskhe told reporters that he was looking for further tie-ups and was in talks with Mahindra and Mahindra in the aviation sector.

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