Business Standard

Sunday, December 22, 2024 | 11:46 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

PM Modi inaugurates India-Russia JV to build Kalashnikov rifles in Amethi

The AK-203 will replace the indigenous INSAS rifles and AK-47 rifles that Indian Army soldiers currently carry

New Delhi: Prime Minister Narendra Modi greets Russian President Vladimir Putin before their meeting in New Delhi. Photo: PTI
Premium

New Delhi: Prime Minister Narendra Modi greets Russian President Vladimir Putin before their meeting in New Delhi. Photo: PTI

Ajai Shukla New Delhi
Taking a step towards equipping army soldiers with modern rifles, Prime Minister Narendra Modi inaugurated an Indo-Russian joint venture (JV) on Sunday that will manufacture the new Kalashnikov AK-203 rifle in Korwa, near Amethi.

In the third week of February, New Delhi and Moscow signed an inter-governmental agreement (IGA) to build the AK-203 in India. A contract is still to be signed, but the first of an estimated 750,000 AK-203 rifles are expected to roll off the production line in 2019.

“During my official visit to India last October… Mr Modi and I reached the agreement on setting up Kalashnikov

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in