“India is a very big, interesting and important market with great business opportunities”, said Håkan Buskhe, CEO, Saab on the occasion of Saab Capital Markets Day that was celebrated in Sweden on 10 and 11 September, 2012.
Håkan Buskhe on his recent trip to India in August, 2012 signed a MoU for strategic investment in Pipavav Defence and Offshore Engineering and a Technical Partnership Agreement (TPA). The agreements underline Saab’s strategy to increase its presence in an important and large market and offer business possibilities for several parts of the organisation.
Saab is currently pursuing many individual opportunities in the requirements of the Indian defence forces. All of Saab’s Business Areas are active in India offering high-tech solutions and products such as the C4I, EW (Self Protection Systems), Signature Management, Missile & Weapon Systems, Aeronautical Platforms, Sensors (Radars), Maritime Security and Civil Security and LPI Radars.
Saab’s commitment to India manifests itself through R&D investments, customised solutions and tailor-made offset projects. The company is intensifying its operations in India with a long term perspective, contributing technological know-how to the Indian Defence Industry.
Håkan emphasised on the importance of Indian and Asian markets and how they are growing in the defence domain. A lot of other countries are also contesting for defence deals in India. “It is competition everywhere, and I believe we have some good chances. We’re having a better network, I would say, in many countries compared to even the biggies”, Håkan commented.