BrahMos Aerospace expects $5 Billion in exports by 2025

According to chairman Atul D. Rane on Tuesday, BrahMos Aerospace is in talks for fresh orders with Vietnam, Indonesia, and Malaysia.

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After signing its first export agreement worth $375 million with the Philippines this year, India-Russia joint company venture, BrahMos Aerospace hat manufactures nuclear-capable supersonic cruise missiles expects to get orders worth $5 billion by 2025, according to its chairman.

According to chairman Atul D. Rane on Tuesday, BrahMos Aerospace is in talks for fresh orders with Vietnam, Indonesia, and Malaysia.

The 50.5% Indian, 49.5% Russian joint venture fits perfectly with Prime Minister Narendra Modi’s signature “make-in-India” initiative.

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Under licence, India has produced Russian MiG-21fighter 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.

Sergei Lavrov, the foreign minister of Russia, stated in April of last year that “further” Russian military equipment production in India was being discussed between the two nations.

India has become Moscow’s second-largest oil customer after China, although not openly condemning Russia’s invasion of Ukraine, as Indian refiners buy discounted Russian oil that some Western consumers have shunned.

“Prime Minister Narendra Modi has given a target of achieving $5 billion (in defence exports) by 2025. I hope BrahMos themselves will be able to reach the $5 billion target by 2025,” Rane said.

The BrahMos surface-to-surface supersonic missile, which can be launched from land, sea, and sub-sea platforms, is currently used by India’s armed forces.