Moscow and New Delhi sealed a deal on Monday that will let India produce more than 600,000 AK-203 assault rifles, according to Russian weapons maker Kalashnikov.

The agreement comes during Russian President Vladimir Putin’s official visit to India for talks with Prime Minister Narendra Modi.

It’s part of the new joint venture, Indo-Russian Rifles Private Limited (IRRPL), which, according to Kalashnikov CEO Vladimir Lepin, is opening up a new chapter in Russian-Indian military-technical cooperation. (RT)