Brief by Shorts91 Newsdesk / 06:04am on 23 Apr 2024,Tuesday India Global
New Delhi accelerates defence exports, dispatching the fourth land version of BrahMos supersonic cruise missiles to the Philippines amidst rising Chinese assertiveness in the South China Sea. The move follows the delivery of three missile batteries to Manila as part of a $375 million deal. With each battery equipped with four launchers, the deal strengthens India's position in defence exports, reaching ₹21,083 crores in 2023-2024, with a notable 32.5% year-on-year growth. Additionally, India explores joint ventures to manufacture submarines with French collaboration, enhancing maritime capabilities under the Aatmanirbhar Bharat initiative.
