Saab-HAL JV to go on stream in 6 months

Saab AB’s joint venture with Hindustan Aeronautics Limited (HAL) to manufacture airborne electronic warfare systems in Bangalore will commence production in six months from now, the Swedish defence aircraft manufacturer said today. It was in February this year that the Stockholm-headquartered company announced its JV plan. Today, Saab India Technologies managing director Inderjit Sial said the two firms were currently working out the business plan, including financial details.

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