New Delhi: Swedish armaments maker Saab AB on Thursday said it will consider India as a global manufacturing base for its Gripen fighter jets if it is chosen as the winning bidder in an Indian Air Force (IAF) tender for 114 jets.
At a press conference in New Delhi ahead of the biennial Aero India Show in Bengaluru next week, executives at Saab, however, indicated they would like to see some changes in India’s defence manufacturing policy that requires foreign equipment manufacturers to partner with an Indian company to form a joint venture. According to the current rules, the Indian company remains the major partner in a joint venture.
