India-Russia joint venture hopes for US$ 5 billion in supersonic missile exports by 2025
- IBEF
- October 19, 2022
After signing the first ever export agreement worth US$ 375 million with the Philippines this year, an India-Russia joint venture that manufactures nuclear-capable supersonic cruise missiles expects to get orders worth US$ 5 billion by 2025.
BrahMos Aerospace is in discussions with Indonesia, Malaysia and Vietnam for new orders. India's defence forces currently uses the BrahMos surface-to-surface supersonic missile, which can be launched from land, sea and sub-sea platforms.
The 50.5% Indian, 49.5% Russian joint venture fits perfectly with Prime Minister Mr. Narendra Modi's flagship "make-in-India" initiative.
Under licence, India has produced Russian MiG fighter fighters and Su-30 jets, and the two have worked together to produce BrahMos missiles in India. Additionally, Russia has typically been India's top armaments supplier.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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