New Delhi, Sep 27 (PTI) In a significant move, Swedish defence major Saab on Tuesday announced that it will set up a manufacturing facility in India for production of its Carl-Gustaf M4 weapon systems.
It will be the company's first manufacturing facility for the Carl-Gustaf M4 outside Sweden.
The production of the shoulder-fired weapons having a range of 1,500 metres will start in 2024, said Gorgen Johansson, Saab's senior vice president.
