CURRENT AFFAIRS

Detailed explanation-1: -India and Russia had inked an agreement in December 2021 for procurement of 6, 01, 427 7.63x39mm AK 203 assault rifles through Korwa Ordnance Factory in Uttar Pradesh’s Amethi district, inaugurated by Prime Minister Narendra Modi in 2019.

Detailed explanation-2: -“Korwa Ordnance Factory in Amethi, Uttar Pradesh, has produced the first batch of 7.62 mm Kalashnikov AK-203 assault rifles. The beginning of deliveries to the Indian Army is expected soon, ” Mr. Mikheev said in a statement issued by Rosoboronexport on Tuesday.

Detailed explanation-3: -India launched the production of AK-203 Kalashnikov Assault Rifles in Korwa Ordnance Factory, Amethi, Uttar Pradesh, on 17 January, 2023, as per the Rosoboronexport, Russia. It is reported that it is a joint venture and plans to produce 100% localisation of the production of AK-203 Kalashnikov Assault Rifles in India.

Detailed explanation-4: -The ‘5, 124-crore deal was signed between India and Russia in December-the biggest defence deal between the two nations in recent time.

Detailed explanation-5: -An Indo-Russian joint venture has started manufacturing Kalashnikov AK-203 assault rifles in Uttar Pradesh’s Amethi, a move that will lend greater firepower to the Indian armed forces. Indo-Russian Rifles Private Limited plans to ensure 100 per cent localisation of the production of AK-203 rifles in India.