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India-Russia finalise deals to procure AK-103 rifles

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According to PTI, On August 20 India and Russia signed a deal to procure AK-103 Rifles for the Indian Army. This deal was sealed as a part of the mega infantry modernization programme.

What are the key points of the deal?

Russia

Under this India is immediately going to procure AK-103 series of assault rifles from Russia. Deal was finalised under the provisions of emergency procurement. 

 Indo-Russia Rifles Private Limited (IRRPL) will jointly manufacture this rifle. And a single rifle will cost nearly $1100, which will include the manufacturing unit cost as well as the cost of technology – transfer.

Modernization plans of India

plans of India Russia The North-Eastern Chronicle

Under the modernization plan, the Indian army is purchasing a huge number of light machine guns, assault rifles and battle carbines which will replace ageing weapons. 

The Indian Army needs 770,000 AK-47 203 rifles. While 100000 will be imported from Russia and the remaining numbers of rifles will be manufactured in India.

Also Read: Deputy Superintendent Of Police Son & Sub-Inspector Mom Salute Each Other; inspiring picture goes viral

The AK-47 203

The AK-47 203 is the latest and most advanced version of the AK-47 rifle, which will replace the Indian Small Arms System (INSAS) 5.56×45 mm assault rifle which is almost 25 years old.

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