Reliance Defence, Israeli company to make Kalashnikov weapons for INDIAN ARMY
Reliance Defence and Engineering Ltd of the Anil Ambani Group is planning to manufacture Kalashnikov class of weapons for Indian armed forces in a joint venture with an Israeli company . The Israeli arms maker, Kalashnikov Israeli Company, has agreed to jointly make Kalashnikov and other small arms with Reliance Defence, according to industry sources. The manufacturing facility could come up at the Pipavav shipyard. Reliance Defence will hold 51 per cent stake in the joint venture, while the rest of the stake will be held by Kalashnikov Israel. Kalashnikov Israel is a subsidiary of the CAA Company of Israel. Industry sources said the tie-up could be formalised during the ongoing visit of Israeli President Reuven Rivlin. The small arms requirement from the three armed forces, paramilitary forces, and states police is in the range of about two million units over the next 10 years. ...

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