The Cabinet Committee on Security has approved the purchase of more than 200 BrahMos extended-range supersonic cruise missiles for the Indian Navy to use on its warships, which is a huge boost for the fleet.

The approximately ₹19,000 crore deal was approved during a meeting on Wednesday night.

BrahMos Aerospace and the Ministry of Defence are scheduled to sign the contract during the first week of March.

The primary weapon used by Indian Navy warships for attack and anti-ship missions is the BrahMos, which has been fired on a regular basis.

India and Russia jointly own BrahMos Aerospace, which manufactures supersonic cruise missiles that can be fired from land, sea, or air platforms.

The BrahMos corporation has made significant progress towards indigenizing the BrahMos missile, and more parts are in the process of doing so. The missile’s first international customer, the Philippines, is also scheduled to receive it shortly.

Southeast Asian nations have begun expressing serious interest in the missile system for various forms of deployment.

Prime Minister Narendra Modi’s USD 5 billion export goal is another goal that BrahMos Aerospace, led by Atul Rane, is striving to meet. Following the first export agreement worth 375 million dollars with the Philippines, the chairman of BrahMos announced that his team aimed to reach USD 5 billion by 2025.

The missile is being fitted with an indigenous seeker, and the Indo-Russian joint venture company has tested firings of the missile with a high degree of indigenous content.

Other successful weapon systems like the Akash, ATAGS howitzers, and other equipment from the Indian industry are expected to become available through the sale of the BrahMos missile system to partner nations.

The defense sector in India is also striving to raise the caliber of its hardware in order to compete internationally and succeed in export markets. Additionally, Indian systems are being demonstrated abroad, and certain public sector organizations have established offices in potential markets.