India Signs Deal With Russian Firm To Produce 7.5 Lakh AK-203 Rifles

India has signed a deal with a Russian firm to manufacture 7.5 lakh AK-203 rifles. These are the latest derivative of the AK-47 rifles. Defence Minister Nirmala Sitharaman stated that the AK-203 rifles will be produced at the Indian Ordnance Factory at Amethi’s Korwa. The new rifles will replace the indigenous INSAS rifles in the Army, Air Force, and Navy.

Source: Hindustan Times

Static/Current Takeaways Important For LIC AAO Exam 2018:

  • Russia Capital: Moscow, Currency: Russian ruble.

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