The Indian government has recently approved a plan to create over five lakh AK-203 assault rifles in Korwa, Amethi, as a boost to the country's self-reliance in the defence manufacturing sector. The transaction is valued at Rs 5,124 crore.
The project will most likely be carried out by Indo-Russian Rifles Private Ltd, a special purpose joint venture (IRRPL).
The 7.62 x 39mm calibre AK-203 Rifles will replace the INSAS Rifle, which has been in service for nearly three decades.
With a range of 300 metres, the AK-203 Assault Rifles are lightweight, sturdy, and simple to use Modern Assault Rifles with proven technology that will improve soldiers' fighting potential to address current and future operational problems.