By Staff Correspondent
A contract for procurement of quantity 6,01,427 Assault Rifles AK-203 was signed on December 6, 2021, between the Ministry of Defence and M/s Indo-Russian Rifles Private Limited (IRRPL) – a Joint Venture established between India, represented by the Defence PSUs-Advanced Weapons and Equipment India Limited (AWEIL) and Munitions India Limited (MIL) and Russia, represented by Rosoboronexport (RoE) and Concern Kalashnikov (CK), in the shareholding of 50.5% and 49.5% respectively.
These rifles will be produced by M/s IRRPL at Korwa, Uttar Pradesh. This information was given by Raksha Rajya Mantri Ajay Bhatt in a written reply to M Shanmugam and YS Chowdary in Rajya Sabha today.
