The factory is owned by Saab FFVO India. Credit: Saab.

Defence and security company Saab has broken ground on its new Carl-Gustaf weapons manufacturing facility in the Indian state of Haryana.  

Following the approval of 100% foreign direct investment, Saab has established Saab FFVO India, a new company that fully owns the upcoming manufacturing facility. 

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The facility is being built in MET City within Jhajjar and will produce the Carl-Gustaf M4 weapon system. 

Since 1976, the Indian Army has used the Carl-Gustaf system as its primary shoulder-launched weapon. 

Saab Dynamics senior vice-president and head Görgen Johansson said: “I am proud to start constructing our first facility outside Sweden for Carl-Gustaf, a product that has a long history with the Indian Armed Forces.  

“We look forward to starting production of our excellent product, now engineered and made in India.” 

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Swedish State Secretary for Foreign Trade Håkan Jevrell added: “This is an important milestone for Sweden and India. Saab’s factory will be the first foreign fully-owned defence production facility in India. It is a testament to the strong bilateral relationship between our countries.”  

Saab plans to integrate the latest sighting technology and carbon fibre winding processes to produce the Carl-Gustaf M4. 

The company aims to collaborate with Indian suppliers to meet the ‘Make in India’ requirements for systems manufactured. 

Meanwhile, the company entered into a contract with the Polish Ministry of Defence’s procurement authority for supplying the Carl-Gustaf M4 weapon, along with ammunition and training equipment. 

This contract is valued at Skr12.9bn ($1.24bn) and spans from 2024 to 2027.