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.
