Carl Gustaf - Army's Go-To Portable Rocket System To Be Made In India
NDTV
Manufactured by Saab, a Sweden-based company, received a 100 per cent Foreign Direct Investment (FDI) approval from the Centre and will now produce the carl-Gustaf M4 system under Saab FFVO India Private Limited.
In a significant development toward self-reliance in defence manufacturing, Carl Gustaf M4, a recoilless multi-role rocket system widely used by the infantry, will be made in India. The manufacturing facility will be located in Haryana's Jhajjar.
Manufactured by Saab, a Sweden-based company, received a 100 per cent Foreign Direct Investment (FDI) approval from the Centre and will now produce the carl-Gustaf M4 system under Saab FFVO India Private Limited.
"I am proud to start constructing our first facility outside Sweden for Carl-Gustaf, a product with a long history with the Indian Armed Forces. We look forward to starting production of our excellent product, now engineered and made in India", says Gorgen Johansson, Senior Vice President and Head of Saab's business area Dynamics.