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India, Russia conclude deal for AK-203 rifles, extend military cooperation till 2031

Dec 07, 2021, at 02:02 am

New Delhi: India and Russia on Monday concluded the long pending deal worth around Rs 5,000 crore for manufacturing nearly 6 lakh AK-203 rifles under a joint venture in Amethi, Uttar Pradesh, and also signed an agreement to extend military technology cooperation for the next decade, from 2021 till 2031.