Prime Minister thanked President Putin for the quick response from Russia on 'Make in India' program to manufacture Kalashnikov rifles in Korwaon the sidelines of the Shanghai Cooperation Organization Summit. The planned indigenization programme of the Rifle production is as under:-
Planned Indigenisation of AK-203 | |||||||
Phase | No. of Rifles | Indigenisation Level (%) | |||||
1 | 20,000 | 5-15 | |||||
2 | 20,000 | 15-30 | |||||
3 | 40,000 | 30-70 | |||||
4 | 40,000 | 70-100 | |||||
5 | Balance No. | 100 | |||||
Value of Production of Ordnance Factory Korwa | |||||||
Year | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | ||
Rs. in Crores | 0.9 | 2.6 | 6.6 | 10 | 17.9 |