Joint Venture Protective Carbine
The Joint Venture Protective Carbine (JVPC), also known as Modern Sub Machine Carbine (MSMC) until 2014, is a gas-operated, magazine-fed, select fire carbine designed to chamber the 5.56×30mm MINSAS cartridge. It was designed by the Armament Research and Development Establishment of the Defence Research and Development Organisation, and manufactured by Advanced Weapons and Equipment India Limited and by Kalyani Strategic Systems Limited.
Source: Wikipedia — Joint Venture Protective Carbine (CC BY-SA 4.0)