Hari Sud
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The local production was not up to the mark that is why the foreigners were invited. If AK-203 deal scraps then go Caracal rifle. That is a higher grade than local rifle.Yup, the Russkies are asking a royalty fee of $200 per rifle. I don't know whether the asking price of $1100 per rifle includes this royalty fee or excludes it.
The viable option would to just scrap this deal and go for local production of Arsenal AR-M5TB or AR-M5F41 with Kalyani group as your local partner.
Other option which exists is to go for the SSS Defence P-72