I have found this 'Laser Bore Sighter' on the Kovibazar site for Rs. 1800.
http://kovibazaar.com/Dot-Sight--Flashl ... 91734.html
After some research on Google I have come to know that you put this thing on the rear end of the rifle and the laser goes through the barrel and spots the place where the barrel is pointed. So you aim it at a target some distance away and adjust the scope to point at the same spot.
After that you need to fire a few shots to see the 'Point of Impact' and adjust the scope accordingly to compensate for the windage and elevation depending on the distance of the target and wind conditions.
Now, my question from the experts is as follows.
1. Is my understanding of this equipment correct.
2. My IOF 30.06 rifle 'rear end' after taking out the bolt is not flat and perpendicular to the bore. Will it work or will it have some attachments to fit it straight, into the 'rear end'.
3. The cost seems reasonable enough or are there some other alternatives available.

Regards