Sweden’s Saab sets up Carl-Gustaf factory in India under first-ever 100% FDI
By N. C. Bipindra New Delhi: Sweden’s Saab announced today that it is setting up a production facility in India for its legendary Carl-Gustaf shoulder-fired recoilless rifle’s latest variant through the 100 percent Foreign Direct Investment route. The Swedish defence firm’s senior officials said they were hopeful of meeting the entire need of Indian armed…
Indian Navy’s Indigenous Aircraft Carrier INS Vikrant Achieves Full Operational Status; India Joins ‘Elite Club’ Of Nations
By Ritu Sharma for EurAsian Times As the entire country was washed with the glow of millions of earthen lamps lit up to celebrate Diwali, the Indian Navy achieved a significant milestone as India’s first indigenously built aircraft carrier, INS Vikrant, achieved “full operational status.” The development puts India in the elite group of countries…
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