India is set to ink a defence logistics sharing agreement with Russia, almost five years after signing a similar pact with the United States. The bilateral Reciprocal Exchange of Logistics Agreement is one of nearly 10 pacts India and Russia will sign during Prime Minister Narendra Modi’s summit with Russian President Vladimir Putin on Monday.
New Delhi, Dec 5 (Prensa Latina) During President Vladimir Putin's upcoming visit to New Delhi on Monday, to participate in the annual summit with Prime Minister Narendra Modi, Russia and India will sign an agreement for the latter to make more than 600,000 AK-203 rifles, according to a press release.
India clears plan to make 500,000 modern assault rifles with Russia laprensalatina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laprensalatina.com Daily Mail and Mail on Sunday newspapers.
The project will provide business opportunities to various MSMEs and other defence industries for supply of raw material and components, which will lead to generation of new employment opportunities.