Government nod to manufacture more than five lakh AK-203 assault rifles in Amethi
The Hindu
The project will be implemented by a special purpose joint venture called Indo-Russian Rifles Private Limited.
The Central government has approved a plan to produce over five lakh AK-203 assault rifles at Korwa in Uttar Pradesh’s Amethi, in what official sources described as an endeavour to provide a big boost to self-reliance in defence manufacturing.
Uttar Pradesh is on the way to become a defence manufacturing hub of India, they said.
A source said, “It reflects the ever increasing paradigm shift in defence acquisition from buy (global) to ‘Make in India.’ This endeavour will be done in partnership with Russia and reflects the deepening partnership between the two countries in the defence sector.” The project will provide business opportunities to various MSMEs and other defence industries for the supply of raw material and components, which will lead to new employment opportunities, they said.
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