If BrahMos exports fructify sale could double in 5 years: BrahMos chief

New Delhi, Oct 9: Domestic orders placed for the BrahMos missiles have been worth more than USD 7 billion over the last 20 years, and if exports fructify the sales could double in the next five years, BrahMos chief said today.
BrahMos Aerospace, an Indo-Russian joint venture formed in 1998, manufactures the supersonic cruise missile that can be launched from submarines, ships, aircraft, or land.
While India could use the BrahMos missiles for its three services — Army, Navy and the Air Force — it could not export them before June, 2016, when it became a signatory to the Missile Technology Control Regime (MTCR).
The MTCR membership enabled India to trade in high-end missile technology and also enhance its joint ventures with Russia.
“The journey of (nearly) 20 years has not been easy. We have struggled with our finances, technology, users. Challenges have been so many,” BrahMos Aerospace’s CEO Sudhir Kumar Mishra said speaking at the Deftech 2017, an event organised by the Confederation of Indian Industry and the Defence Ministry. (Agencies)