Satyam Computer Services, now controlled by the Mahindra group, on Wednesday said it has

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entered into an agreement with the Swedish defence and security company Saab AB to set up Saab India Technology Centre.

India presents a huge opportunity for Saab across its business areas of aeronautics, dynamics, electronic defense systems and security and defence solutions.

Satyam said the proposed centre will provide a secure platform to facilitate development of aerospace and defence projects in India, supporting the establishment Saab is pursuing.

The 300-seater dedicated would be established at one of the Satyam sites and will be an extended arm of Saab working on new product development and product sustenance engineering.

“While supporting the internal operational excellence and optimisation initiatives within Saab, this centre will also support offset obligations for all Saab products and services in India,” said Saab AB in a press release.

Further, Saab said its experience and technological prowess providing services and solutions combined with Satyam’s proven global engineering practice would result in a highly efficient and technically mature development environment in India.