Woos gadget lovers with hi-tech shotgun Russian arms manufacturer Kalashnikov plans to start making its AK-203 assault rifle in India this year and wants to attract a wider audience with a hi-tech shotgun, chief executive Dmitry Tarasov said.
Named after the designer of the AK-47 assault rifle that has been used for decades in wars around the world, Kalashnikov has been seeking new business and markets after being hit by U.S. and EU sanctions over Russia’s annexation of Crimea in 2014.
It is targeting a 60% increase in annual revenue to more than 50 billion roubles ($675.33 million) by 2025, Tarasov told Reuters. Featuring a built-in computer, the Ultima shotgun envisages Wi-FI and bluetooth connectivity and can synchronise with smartphones.
Russia s Kalashnikov eyes production in India, woos gadget lovers with hi-tech shotgun
It is targeting a 60% increase in annual revenues to more than 50 billion roubles ($675.33 million) by 2025
Reuters
February 18, 2021
MOSCOW:
Russian arms manufacturer Kalashnikov plans to start making its AK-203 assault rifle in India this year and wants to attract a wider audience with a hi-tech shotgun, chief executive Dmitry Tarasov said.
Named after the designer of the AK-47 assault rifle that has been used for decades in wars around the world, Kalashnikov has been seeking new business and markets after being hit by US and EU sanctions over Russia’s annexation of Crimea in 2014.