During the visit of Russian President Vladimir Putin to India on Monday, the two nations would ink the significant arrangement worth over Rs 5,100 crore for creating AK-203 attack rifles inside the country. The Russian President, during his one-day visit, is additionally planning to surrender the model of an S-400 air guard framework to Prime Minister Narendra Modi as an image of conveyance of the weapon framework to India, sources said.
The principal fascination of the visit would be the conclusion of the AK-203 attack rifle bargain which would be created in Amethi, Uttar Pradesh. The creation of the north of five lakh rifles by the India-Russia joint endeavor organization would see a total exchange of innovation inside seven years of marking the agreement.
The different sides were likewise examining the finish of the Igla air safeguard framework bargain, yet that isn’t probably going to be endorsed during this visit, sources said. The arrangement had been settled upon between the different sides a couple of years prior and presently the last significant issue would resolve the issues on the exchange of innovation, they said.
Of the 7.5 lakh rifles to be obtained by the Indian Army, the initial 70,000 will incorporate Russian-made parts as the exchange of innovation happens gradually. These will be conveyed to the military 32 months after the creation interaction starts.
