India-Russia supersonic missile joint venture hopes to clinch export orders worth £4.4b

• Shubham
• 18 October, 2022

Follow Us

By: Shubham Ghosh

An India-Russia joint venture that manufactures nuclear capable supersonic cruise missiles is optimistic about bagging orders worth $5 billion (£4.4 billion) by 2025, its chairman said on Tuesday (18), having signed its first export deal of $375 million (£332.3 million) this year with the Philippines.

BrahMos Aerospace is in talks with Southeast nations such as Indonesia, Malaysia, and Vietnam for new orders, chairman Atul D Rane told Reuters partner ANI on Tuesday.

The joint venture, with a 50.5 per cent Indian and 49.5 per cent Russian partnership, fits into Indian prime minister Narendra Modi’s flagship ‘Make in India’ programme.

India has made Russian MiG fighter planes and Su-30 jets under licence and the two old allies have collaborated to make BrahMos missiles in India.

Russia has traditionally been India’s main arms supplier.

[With Reuters inputs]