Brief by Shorts91 Newsdesk / 01:48pm on 25 Jan 2024,Thursday India Global
India initiates the delivery of BrahMos supersonic cruise missiles to the Philippines, fulfilling a $375 million agreement signed two years ago. Ground systems will arrive in the next 10 days, followed by missile delivery by March, as confirmed by DRDO chief Samir V Kamat. This marks the first export order for the BrahMos missile developed by India and Russia. India aims for a ₹35,000 crore defence export target by 2024-25, witnessing a significant rise in military exports and a drop in imports due to policy initiatives and reforms.