India Will Buy Supersonic Missiles in $431 Million Arms Spending

India will buy BrahMos supersonic missiles as a part of its Rs 3,000 crore defense-spending plan.

N. C. Bipindra

03 Dec 2018, 05:12 AM IST

India Will Buy Supersonic Missiles in $431 Million Arms Spending

Nirmala Sitharaman, India’s defence minister. (Photographer: Anindito Mukherjee/Bloomberg)

(Bloomberg) -- India will buy locally-manufactured BrahMos supersonic missiles as a part of its 30 billion rupees ($431 million) defense-spending plan.

A panel chaired by Defense Minister Nirmala Sitharaman also approved buying armored recovery vehicles, or ARVs, for its battle tanks, according to a statement from the ministry.

BrahMos will be procured for two navy ships that will be built in Russia, while local firm BEML Ltd. will produce the ARVs, the ministry said.

To contact the reporter on this story: N. C. Bipindra in New Delhi at nbipindra@bloomberg.net

To contact the editors responsible for this story: Stanley James at sjames8@bloomberg.net, Dulue Mbachu, Jones Hayden