MOSCOW: India finalised a major deal with and Russia on Thursday for the manufacturing of AK-47 203 rifles during Defence Minister Rajnath Singh’s visit to the country, the Russian media reported quoting official sources.
The Indian Army has a requirement of 7,70,000 AK-47 203 rifles, of which 1,00,000 will be imported and the rest will be manufactured in India.
The AK-47 203 is the latest and most advanced version of the AK-47 rifle, which will replace the Indian Small Arms System (INSAS) 5.56×45 mm assault rifle.
The Ministry of Defence issued a statement, saying: “Both sides welcomed the advance stage of discussions for the establishment in India of an India-Russian Joint Venture for the production of AK203 assault rifles which are considered one of the most modern weapons available for infantry forces.”
