Sweden’s Saab needs to spice up manufacturing to fulfill rising demand for “anti-tank capabilities”
Swedish arms manufacturer Saab is ready to construct a brand new facility in India to provide a shoulder-fired anti-tank weapon, in response to an organization government, who famous that the manufacturing unit would serve New Delhi’s armed forces along with greater than a dozen different nations.
The plans have been unveiled on Tuesday by Saab senior vice chairman Gorgen Johansson, who mentioned the corporate would assemble a brand new manufacturing unit at an unspecified location in India to provide its Carl-Gustaf M4 weapons system, hoping to start operations someday in 2024.
“It is a natural step to set up a production facility for Carl-Gustaf M4 in India given the long and close association we have with the Indian Army as one of the foremost users of the system,” he instructed reporters in New Delhi, including that Saab would “contribute to the government of India’s goals of developing a world class defense industry.”
The manufacturing unit will produce the versatile shoulder-fired weapon not solely for India’s navy, however for clients in 15 different international locations, Johansson added, saying “we haven’t done this in any other country.”
The new manufacturing facility will assist fulfill the rising demand for the weapon, as within the wake of the battle in Ukraine “more countries will seek anti-tank capabilities going forward,” in response to Johansson. Ukraine obtained no less than 100 Carl Gustav M2 launchers and a couple of,000 rounds of 84mm ammunition from Canada alone, whereas the Pentagon despatched one other 2,000 of suitable grenade ammunition from its stockpiles.
The Carl Gustaf has been in service in India because it was launched in 1976, present process a number of upgrades over the many years. The Saab government mentioned the brand new manufacturing unit would produce the newest M4 variant solely, whereas earlier generations will proceed to be manufactured by a partnered native agency, Advanced Weapons and Equipment India Limited (AWEIL). He provided few different particulars in regards to the plans, and mentioned the manufacturing website had not but been chosen.
The new funding was introduced as New Delhi declared goals to spice up weapons manufacturing, with Defense Minister Rajnath Singh saying on Tuesday that the nation had elevated annual exports by round thirteen-fold during the last eight years, from 10 billion rupees ($122 million) to 130 billion ($1.5 billion). By 2025, he mentioned India hopes to push protection exports as much as 350 billion rupees ($4.2 billion), and complete manufacturing to 1.75 trillion ($21.3 billion).
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