Russian arms manufacturer Kalashnikov plans to start making its AK-203 assault rifle in India this year and wants to attract a wider audience with a hi-tech shotgun, chief executive Dmitry Tarasov said.Named after the designer of the AK-47 assault rifle that has been used for decades in wars around the world, Kalashnikov has been seeking new business and markets after being hit by US and EU sanctions over Russia's annexation of Crimea in 2014.It is targeting a 60 percent increase in annual revenues to more than RUB 50 billion (roughly Rs. 4,900 crores) by 2025, Tarasov told Reuters in an interview.Featuring a built-in computer, the Ultima shotgun envisages WiFi and Bluetooth connectivity and can synchronise with smart phones. It is intended to
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