India likely to deliver first batch of BrahMos missiles to Philippines on Friday
A military transport aircraft of the Indian Air Force is likely to transport the missile and the launchers to the Philippines for delivering them to the country's marine forces, they said.
India is set to deliver the first batch of BrahMos supersonic cruise missiles to the Philippines on Friday, over two years after inking a USD 375 million deal to supply the weapon systems with the Southeast Asian country, people familiar with the matter said.
A military transport aircraft of the Indian Air Force is likely to transport the missile and the launchers to the Philippines for delivering them to the country's marine forces, they said.
In January 2022, India sealed the deal with the Philippines for supplying three batteries of the missile.
It would be the first export of the BrahMos missile by India.
A few other countries including Argentina have also shown interest in procuring BrahMos missiles from India.
BrahMos Aerospace Pvt Ltd, an India-Russian joint venture, produces the supersonic cruise missiles that can be launched from submarines, ships, aircraft, or land platforms.
BrahMos missile flies at a speed of 2.8 Mach or almost three times the speed of sound.
India has been looking at further expanding defence ties with the Philippines against the backdrop of growing global concerns over China's increasing military assertiveness in the South China Sea.
There have been growing global concerns over China's sweeping claims of sovereignty over all of the South China Sea, a huge source of hydrocarbons.
Several countries in the region, including Vietnam, the Philippines and Brunei, have counterclaims.
As part of efforts to boost military ties with the Philippines, India has decided to post a defence attache to that country along with Ethiopia, Mozambique, Poland and Ivory Coast.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
11:47 PM IST