Saab has formed a joint venture (JV) with Belgaum, India-based QuEST
Global Manufacturing to manufacture and supply commercial aerostructure
assemblies.
Saab holds 26% of the JV, which it said will strengthen its position in the commercial aerostructures market and increase its presence in India.
“We anticipate increased production rates during the coming years,” Saab Aeronautics MD-aerostructures Kjell Johnsson said. “This partnership will provide a cost-efficient and reliable source of assemblies acting as a complement to Saab’s in-house manufacturing. This is a long-term commitment in a strategically important market for Saab.”
The JV company facilities are scheduled for construction during 2013 and will be located in Belgaum, Karnataka, India. It is expected to begin operations with 50 employees.
Saab holds 26% of the JV, which it said will strengthen its position in the commercial aerostructures market and increase its presence in India.
“We anticipate increased production rates during the coming years,” Saab Aeronautics MD-aerostructures Kjell Johnsson said. “This partnership will provide a cost-efficient and reliable source of assemblies acting as a complement to Saab’s in-house manufacturing. This is a long-term commitment in a strategically important market for Saab.”
The JV company facilities are scheduled for construction during 2013 and will be located in Belgaum, Karnataka, India. It is expected to begin operations with 50 employees.
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