India to invest Rs 6,000 crore in new BrahMos missile

November 17, 2012 08:06

The Financial Express reports:' New Delhi: India has inked a Rs 6,000-crore joint venture with Russia under which the latter will supply 200 high-precision supersonic cruise missile BrahMos to the IAF. In its wake, India has set up another manufacturing and system integration plant in Thiruvananthapuram to boost production of the missiles. The Cabinet Committee on Security recently approved the air version of the BrahMos. Both the Indian Army and Navy have already inducted BrahMos land and sea versions in their respective inventory....' The full report here: http://www.financialexpress.com/news/india-in-r6000crore-jv-with-russia-for-brahmos-air-version/1032339/

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