What Happened
India Deepens Rs 5,124-Cr Rifle Localisation Push With Domestic Ammunition
Adani Defence has signed a five-year agreement with Indo-Russian Rifles Private Ltd (IRRPL) to supply indigenous 7.62×39 mm small-calibre ammunition for the AK-203 rifle programme. The deal supports India’s Rs 5,124-crore rifle procurement programme and aims to reduce dependence on foreign supply chains. The partnership brings together IRRPL’s rifle production and Adani Defence’s ammunition-making capabilities, creating a more integrated domestic supply chain for the AK-203 programme. This development was reported by The Financial Express.