Russia waives royalty for Kalashnikov rifle production in India
Kalashnikov Rifles India: Russia has waived royalty in favour of technology transfer for AK 203 assault rifle. The plan to manufacture famous Russian Kalashnikov series rifles has been under discussion for almost two years, with the contract stipulating 100% transfer of technology. Though the factory in Amethi was inaugurated in 2019 but production has not yet started due to differences over the issue of pricing and royalty to be paid to the Russian side.