BrahMos hopes for $5 billion in supersonic missile exports by ’25
An India-Russia joint venture that makes nuclear capable supersonic cruise missiles hopes to bag orders worth $5 billion by 2025, its chairman said, having signed its first export deal of $375 million this year with the Philippines.
BrahMos Aerospace is in discussions with Indonesia, Malaysia and Vietnam for new orders, chairman Atul D Rane told.
The joint venture, with a 50.5% Indian and 49.5% Russian partnership, fits into Prime Minister Narendra Modi’s flagship make-in-India programme.
India has made Russian MiG fighter planes and Su-30 jets under license and the two have collaborated to make BrahMos missiles in India.