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Lok Sabha
The development of anti-ship version of BrahMos has been completed with all eight tests being successful. Production is in progress for induction in Indian Navy from 2005 onwards for many ship platforms.
The authorized capital of the joint venture for development was $ 250 million. An Inter-Government Agreement has been signed between India and Russia. The missile development is a joint effort from design to production and marketing to Indian and Russian Armed Forces and to mutually agreed friendly countries.
Some countries have shown interest in BrahMos, since supersonic cruise missile is not available with any other country.
This information was given by the Defence Minister Shri Pranab Mukherjee in a written reply to Smt Nivedita Mane and Shri SD Mandlik in Lok Sabha today.
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