April 19, 2024 18:13 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Maldives opposition demands President Muizzu's impeachment over leaked reports alleging corruption by him | AAP claims conspiracy to kill Arvind Kejriwal after mango eating row | India successfully tests Indigenous Technology Subsonic Cruise Missile | Telangana missionary school vandalised after students questioned over saffron attire | Shilpa Shetty's husband Raj Kundra's properties attached by ED in Bitcoin scam
Contract for delivery of Russian AK-203 assault rifles to India may be signed by 2021 end India | Russia

Contract for delivery of Russian AK-203 assault rifles to India may be signed by 2021 end

India Blooms News Service | @indiablooms | 24 Nov 2021, 11:51 am

Moscow/IBNS: A contract for the delivery of the latest AK-203 assault rifles to India’s Defense Ministry may be signed before the end of this year, the Kalashnikov firearms manufacturer told TASS on Tuesday.

"The project approval has entered the final phase and it may be signed already before the end of 2021 upon reaching key agreements," the company’s press office said.

In the process of preparing the contract, "Russian and Indian specialists carried out large-scale preparatory work," it said.

After the sides sign the contract, the licensed production of the assault rifles can begin in the immediate future, the Kalashnikov press office added.

"In this case, the production of AK-203s for the armed forces of India will begin in early 2022," it said.

The Indo-Russian Rifles Private Limited (IRRPL), a joint Russia-India rifle manufacturing facility was set up in the town of Korwa in the Indian state of Uttar Pradesh in Mar 2019.

The JV is expected to produce about 700,000 AK-203 assault rifles under the license, with the firearms production to be completely based on India’s soil.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.