Russia, India Ink Deal To Jointly Manufacture AK-203 Rifles In UP
During the 20th meeting of the India-Russia Inter-Governmental Commission on Military & Military-Technical Cooperation, India and Russia signed the deal to jointly manufacture nearly 6 lakh AK-203 rifles in Uttar Pradesh's Amethi on December 6. The joint venture is worth around Rs 5,000 crore. Besides, Defence Minister Rajnath Singh and his Russian counterpart Sergey Shoigu signed an agreement to extend military technology cooperation from 2021 to 2031.