SOURCE: RAUNAK KUNDE / NEWS BEAT / IDRW.ORG
According to a report in Janes Intel, Indo-Russian Rifles Private Limited (IRRPL) has completed the production of 5,000 first batch of AK-203 rifles in Korwa Ordnance Factory in Amethi, Uttar Pradesh with delivery to commence soon was confirmed by the Alexander Mikheev, director general of Russian defence export agency Rosoboronexport.
The first 70,000 AK-203 assault rifles will have an indigenous content of up to 70%, after which it will be 100%. Indian Plans to procure nearly 6,00,000 AK-203 assault rifles for Indian Army alone with more orders expected from Indian Paramilitary forces and State commando force units.
AK-203 assault rifles with 70% indigenous content will cost 91,000 INR and 100% indigenous content AK-203 assault rifles will cost nearly 8,000-10,000 INR less.
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