“Negotiations began at the beginning of 2015,” Krivoruchko confirmed. “At the moment, the issue is being discussed with both public and private companies.”
He noted that the total investment in the future of the joint venture will be about $ 100 million. "We expect to produce at least 50 thousand weapons per year at the first stage with the ability to increase production capacity in the future," the general director added.
According to him, "the Indian side," is primarily interested in the production of automatic weapons caliber 5,56 and 7,62 mm. The concern also expressed its readiness to “make changes to its products upon request of the customer” and “in case of success of the project, to transfer to its partner the most modern technologies in the field of small arms production”.