New Delhi.13 February, 2016. Swedish aerospace major Saab and India’s Kalyani Strategic Systems Ltd are all set to start a joint venture for production of the RBS 70 VSHORAD and Bamse SRSAM systems in India. 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.
Görgen Johansson, Head of Saab Business Area Dynamics as stated in a written statement , “I am glad to announce our contribution to Make in India through our agreement with KSSL (Kalyani Strategic Systems Ltd) and the Kalyani Group to establish a joint venture company in India for the Air Defence Programs. The JV is already under preparation within both companies, and will be ready to launch soon.”
To secure production quality, orders of missile parts have already been issued to KSSL and production-readiness reviews are ongoing. Saab and KSSL are already planning for the technology transfer for different packages within the programmes. KSSL, a 100 percent subsidiary of Bharat Forge Ltd, is a part of the Kalyani Group, a conglomerate engaged in forging for automotive and non-automotive sector, speciality steels and infrastructure. KSSL is the principal company of the Kalyani Group formed for undertaking defence & aerospace business initiatives by leveraging the Groups’ renowned and distinguished design, engineering and manufacturing expertise.”
“The joint venture company will combine Saab’s knowledge and experience as a developer and supplier of high-technology radar and missile systems, with the engineering excellence and manufacturing capabilities of the Kalyani Group. The joint venture will create a global supplier in the area of Ground Based Air Defence Systems based in India”, says Amit Kalyani, Executive Director at Kalyani Group.