India's Prime Minister Narendra Modi announced the launch of an Indian-Russian assault rifle production plant at Korwa, during a speech in the nearby town of Amethi on Sunday. The site is due to produce AK-203 Kalashnikov assault rifles for Indian security forces, according to TASS news agency.

"This joint venture will be beneficial for us," said Modi during the ceremony, adding that "at this moment I thank our nation's closest friend Russian President Vladimir Putin for this venture."

The compound, jointly run by India's Ordnance Factory Board (OAB) and Russia's Kalashnikov Concern, is licensed to produce up to 700,000 AK-203s, as TASS reports.

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