Swedish Defence Major SAAB Starts Construction of New Carl-Gustaf Factory In India

Swedish defence major SAAB on Monday announced that it will start producing the iconic Carl-Gustaf M4 weapon systems at a production facility in Haryana by next year, months after receiving the approval for 100 per cent foreign direct investment (FDI) for the mega-project.SAAB became the first foreign defence producer in India to receive the clearance for 100 per cent FDI when the government
Swedish defence major SAAB on Monday announced that it will start producing the iconic Carl-Gustaf M4 weapon systems at a production facility in Haryana by next year, months after receiving the approval for 100 per cent foreign direct investment (FDI) for the mega-project.SAAB became the first foreign defence producer in India to receive the clearance for 100 per cent FDI when the government
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