New Delhi: Amid the escalating tension across the Line of Actual Control (LAC) with China and the ever-present low intensity conflict with militants from Kashmir to insurgents in Northeast India, the government, keen to hurry up the AK 203 7.62 mm assault rifle deal with Russia, may formally finalise the inter-governmental deal by the month-end.
While an Inter Governmental Agreement (IGA) signed on February 18, 2019, already exists, the formal signing of the deal under the ‘Buy and Make (Indian)’ category mode may take place when India’s defence secretary (production) visits Russia for the ‘Army-2020’ that will be held from August 23 to August 29 at the Alabino training ground and Kubinka airfield in the suburbs of Moscow.
On Tuesday, the Defence Ministry’s apex procurement panel the Defence Acquisition Council (DAC) made certain approvals that will speed up the AK 203 deal. The buy will end India’s long and arduous search for a basic assault rifle for its armed forces.
‘Army-2020’ is a Russian government-hosted international military and technical forum where military armaments and hardware are exhibited and a platform provided for discussing development and strengthening international military and technical cooperation.
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The ‘Army-2020’ is being simultaneously with the ‘International Army Games-2020’ where India is not participating this time.
On February 13, 2018, the Indian defence ministry had given the go-ahead for the procurement of 7,40,000 assault rifles at an estimated cost of about Rs 12,280 crore.
India had declared its intention to buy the AK 203 rifles for its infantry and security forces during Russian President Vladimir Putin’s India visit in October 2018.
But further progress in the deal after the IGA of February 18, 2019 was stifled when differences cropped up between the two parties over the price factor as well as over transfer of technology and local production issues.