GOA, India — Saab of Sweden has joined tied up with India's domestic Tata Power SED to manufacture, the Land Electronic Defence System (LEDS) for the first time in India,.
"Up until now, LEDS has been manufactured by Saab's South African subsidiary Saab Grintek Defence, with the new deal marking the first time the system will be produced not only in India but anywhere outside of South Africa. The Indian LEDS 50 units will initially be manufactured at Tata Power SED's eleven-acre manufacturing facility in Bangalore, which employs about 600 people," according to a Saab release. says the official release of Saab.
Saab prelease release quoting Rahul Chaudhry CEO of Tata Power SED says, "In the lead up to the start of production, the transfer of technology is underway and Tata Power SED is in process of integrating all technical and quality process requirements currently followed in Saab facility in South Africa," said Saab prelease release quoting Rahul Chaudhry, CEO of Tata Power SED, in the release says, .
A senior eExecutive of Saab India Technologies said, the LEDS provides solutions to combat personnel with vital situation awareness on laser threats and countermeasure availability and areas of coverage, protection offered under dynamic conditions, allowing manual or fully automatic responses against threats.
"Saab is fully committed to working with Indian industry to _Make in India,_, and this partnership is another step in that direction. Tata Power SED's strengths in Defence Electronics manufacturing are a perfect complement to Saab's expertise in Electronic Warfare systems, sensors and self-protection systems for all domains", says Jan Widerström, cChairman and mManaging dDirector, Saab India Technologies.
No eExecutive from either company the two companies will however, talk, however, on the equity sharing arrangement between the two companies and details of the business model of the partnership. ends