In a major boost to the defence sector, many countries are giving orders to the Indian companies BrahMos Aerospace and Solar Group, the manufacturers of indigenous BrahMos missile and Pinaka launchers which is a positive sign of the Indian defence industry’s increasing strength as India targets $5 billion in exports of its defence products.
Atul D. Rane, the chairman of BrahMos Aerospace, stated that by 2025, BrahMos Aerospace should be able to meet that goal on its own, we hope.
Prime Minister Narendra Modi has set a goal of $5 billion in defence exports by 2025.
BrahMos Aerospace is hoping to receive more orders from the Philippines, Vietnam, Malaysia, and numerous other nations. Early this year, the Philippines placed an order for BrahMos for a whopping deal worth $335 million.
Meanwhile, Rane also said that BrahMos-NG missiles are anticipated to begin their qualification trials by early 2024.
In the meantime, Armenia, which is at war with Azerbaijan, has ordered Pinaka missiles from the Solar Group, an indigenous manufacturer.
