Kalyani Group has tied up with Swedish defence major Saab to form a joint venture firm for the multi-billion dollar contract for short range surface to air missile and man-portable very short-range air defense (VSHORAD) programmes. The joint venture, which will be set up by Saab and Kalyani Strategic Systems Ltd (KSSL), the defence arm of Kalyani Group, will handle the main part of production and delivery of these air defence systems to the Indian customer if they win the ongoing tender process.

The production in India will comprise of subsystems and systems for SRSAM and VSHORAD with the aim to transfer production as well as development knowledge to India. To secure production quality, orders of missile parts have already been issued to KSSL and production-readiness reviews are ongoing.

Saab and KSSL are already planning for the technology transfer for different packages within the programmes.

KSSL

KSSL, a 100 percent subsidiary of Bharat Forge Ltd, is a part of the Kalyani Group, a conglomerate engaged in forging for automotive and non-automotive sector, speciality steels and infrastructure. KSSL is the principal company of the Kalyani Group formed for undertaking defence and aerospace business initiatives by leveraging the Groups’ renowned and distinguished design, engineering and manufacturing expertise.