Amethi factory to get orders for 6.7 lakh Kalashnikovs soon
While the factory in Amethi was formally inaugurated in March, orders are yet to be placed as they had to go through the acquisition process of negotiating technical and commercial terms.
While the factory in Amethi was formally inaugurated in March, orders are yet to be placed as they had to go through the acquisition process of negotiating technical and commercial terms. ET has learnt that as per the plan, Russia will transfer complete technology on the modern assault rifle to India.
In the initial phase, 6.7 lakh rifles will be made for the Army and the number will increase later to at least 7.5 lakh as requirements of other forces are also added to the order. To achieve technology transfer, it is planned that after the first one lakh rifles, all components of the weapon system will be produced in India.
A top Army officer said the joint venture is a good example of how India has achieved technology transfer through planned acquisitions. The joint venture to produce Kalashnikov rifles has been described as the ‘fastest’ created by Russia for an Indian venture. The factory has already started getting functional with the supply of equipment to manufacture weapons and in an exception, a serving Major General of the Army has been tasked to head it.
The project is expected to produce AK 203 rifles that will cost close to $1000 each.