Categories: Agreements

Indo-Russian Joint Venture Embarked Manufacturing AK-203 Assault Rifles in U.P.

An Indo-Russian Joint venture has started manufacturing Kalashnikov AK-203 assault rifles in Amethi, Uttar Pradesh. The Indo-Russian Rifles Private Limited plans to ensure 100 percent localization of the production of AK-203 rifles in India. The company aims to increase output and upgrade its production facilities to produce advanced rifles based on the Kalashnikov assault rifle platform.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Indo-Russian Joint Venture Embarked Manufacturing AK-203 Assault Rifles in U.P.- Key Points

  • The Joint venture, registered and located in India has started producing Kalashnikov assault rifles.
  • The founders from the Russian side are Rosoboronexport and Kalashnikov Concern, both are subsidiaries of the Rostec State Corporation.
  • Military-Technical Cooperation between the two countries has resulted in the construction of the joint venture Indo-Russian Rifles Private Limited.
  • The launch of a series production of Kalashnikov AK-203 assault rifles, high-quality, convenient, and modern small arms will begin to enter service with India’s defense and law enforcement agencies.
  • The model combines adaptability to different shooters and high-performance characteristics along with excellent ergonomics.
  • Korwa Ordnance Factory in Amethi, Uttar Pradesh has produced the first batch of 7.62 mm Kalashnikov AK-203 assault rifles.
  • Indo-Russian Rifles Private Limited fully complies with the government of India’s Made in India initiative and Defence Acquisition Procedure (DAP) 2020.
  • India is the first country to start producing the AK-200 series assault rifles of the world-famous brand.
  • The AK-200 series assault rifles have retained all the advantages of the traditional AK Scheme, reliability, durability, and ease of maintenance.
  • They have fully met the latest requirements for firearms in the world in terms of ergonomics and the ability to mount high-tech additional equipment.

Find More News Related to Agreements

priyankadasgupta

Recent Posts

Today Top 10 Current Affairs 17th November 2024 Questions and Answers

The Daily Current Affairs Quiz which keeps you updated with the current events happening all…

9 hours ago

Top-10 Cities of Asia with the Worst Traffic in 2024

Traffic congestion is a serious problem in many Asian cities, affecting millions of people every…

23 hours ago

Which District of Uttar Pradesh is Known as City of God?

Uttar Pradesh is a state rich in culture, history, and religious significance. Among its many…

1 day ago

Do You Know Which Country is Known as the Land of Golden Pagodas?

Many countries around the world have unique nicknames that reflect their culture, history, or geography.…

1 day ago

World Day of Remembrance for Road Traffic Victims 17 November 2024

The World Day of Remembrance for Road Traffic Victims (WDR) is observed on the third…

1 day ago

External Affairs Minister Inaugurates Symbiosis Dubai Campus

On the occasion of the inauguration of Symbiosis International University’s first international campus at Dubai…

1 day ago