BrahMos aims at $5 bn in missile exports by 2025

NEW DELHI: An India-Russia joint venture that makes nuclear capable supersonic cruise missiles hopes to bag orders worth $5 billion by 2025, its chairman said on Tuesday, 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 said on Tuesday. The joint venture, with a 50.5% Indian and 49.5% Russian partnership, fits into the Centre’s flagship make-in-India programme. India has made Russian MiG fighter planes and Su-30 jets under licence and the two have collaborated to make BrahMos missiles in India. Russia has also traditionally been India’s main arms supplier.