This is a part of a larger project to modernise the standard-issue firearms used by the police force. The tender is for 250 units, with the deal valued at Rs. 2.25 crore.
The recent order of 73,000 SIG Sauer rifles has triggered debate on India’s long quest for a modern rifle. The India-Russia AK-203 joint production under ‘Make in India’ holds the key.
Army has put in fresh order for 73,000 SIG 716 G2 patrol assault or battlefield rifles, chambered for 7.62x51 mm rounds from US firm SIG Sauer, attracting criticism for continued imports.
India & Russia are looking at signing a defence logistics exchange pact when President Putin comes calling, with a ceremonial handing over of S-400 Triumf air defence systems likely too.
BlackRock Global Funds have acquired less than 1% stake via open-market transactions in Ather while a Bloomberg EV index is down 1%, dragged by Tesla, BYD and Xiaomi.
Given how arrogant and self-loving Imran is, he may not be capable of introspection even in the isolation of Adiala jail. The harsh truth is, he played the same game when it suited him.
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