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Army to sign MoU for 7.5 lakh AK-203 assault rifles


Army to sign MoU for 7.5 lakh AK-203 assault rifles

 

The Army is likely to sign a MoU in a month for the procurement of over 7.5 lakh AK-203 assault rifles, which are to be manufactured locally by an India-Russia joint venture.

The rifles will be manufactured by the Indo-Russian Rifles Private Limited at Korwa in Uttar Pradesh.

The facility is being set up between the Ordnance Factories Board from the Indian side, and Rosoboron Exports and Kalashnikov on the Russian side.