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India to likely cancel Assault Rifles procurement

India is likely to cancel the procurement for new-generation assault rifles (ARs) with interchangeable barrels for conventional warfare and counter-insurgency operations for the Indian Army. Previously, a global tender worth Rs 13000 crores ($250 Million) was issued in Dec 2011 for acquisition of 65768 multirole assault rifles. The army’s initial requirement is for 2,18,320 ARs, with the rest being manufactured by OFB through transfer of technology, but the requirement could go up to 20 Lakhs rifles). Deliveries were to begin 18-24 months once the contract is inked. Though, as of now, no final decision has been taken. One of the reasons for the cancellation could be that the Army is rethinking on going in for double-barrel rifles.

Source:http://timesofindia.indiatimes.com/india/Hunt-for-Army-assault-rifle-may-be-called-off/articleshow/47349586.cms

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