Zastava Oruzje cooperating with India – Exporting worth tens of millions of dollars ahead

(Photo: Marian Weyo/shutterstock.com)

The forces, according to Danas' findings, number in around 3.5 million people. The newspaper's sources claim that India doesn't have quality army rifles, which gives the Kragujevac factory the opportunity to close the deal on long-term business arrangement worth tens of millions of dollars.

Zastava Oruzje established the cooperation with India when it made the winning bid at last year's tender for the export of semi-automatic and sniper rifles to that country. Samples of a semi-automatic rifle have already been sent to India, and the delegation of the factory from Kragujevac visited the arms fair in New Delhi in April, where talks were started about a long-term cooperation between that factory and the Indian Ministries of Defence and Home Affairs, which will continue these days in Kragujevac.

Kragujevac was also visited near the end of the last week by a Bangladesh delegation, which is also interested in buying infantry weapons. Zastava Oruzje has sent semi-automatic rifle samples to Pakistan as well, expecting to penetrate another potential market.

The factory is selling military weapons throughout the world, mostly in the Middle East and in Africa, and lately, Zastava has been selling increasingly larger amounts of hunting weapons in Canada. The company is also successfully returning to Australia and penetrating European markets, predominantly in the countries of the Middle Europe, among which are Hungary, Slovakia, the Czech Republic and Poland.

The factory claims that they have already made deals for 2017 which will employ 80% of their capacities.