Centre Approves Production Of Over 5 Lakh AK-203 Rifles
In order to boost the self reliance in defence manufacturing, the Central Government approved the production of more than 5 lakh AK-203 assault rifles in Uttar Pradesh's Amethi. Reportedly, the project will be helpful in providing business opportunities to several MSMEs. Furthermore, the project will be carried out by a special purpose joint venture called Indo-Russian Rifles Private Ltd. Besides, this endeavour will be carried out in collaboration with Russia.