(MENAFN) India is reportedly in the concluding phases of an agreement to sell BrahMos supersonic cruise missiles to Indonesia, according to a media outlet on Wednesday.

The BrahMos missile, a collaborative project between India’s Defense Research and Development Organization (DRDO) and Russia’s NPO Mashinostroyenia, has become a key component of India’s military strength. It is engineered to deliver "precision strikes from land, sea, and submarine platforms."

Being a co-owned technology, any export requires the consent of both nations, meaning that New Delhi must obtain Moscow’s approval before the deal can be finalized.

Discussions between India and Indonesia have been ongoing for a considerable period. If successfully concluded, the pact would bolster defense relations between the two nations.

This potential agreement coincides with Jakarta’s inclusion in the BRICS bloc in January 2024, enhancing its strategic collaborations with member countries, including India.

The talks over the "$450 million missile supply contract" are reportedly in an advanced stage, according to Jaiteerth R. Joshi, CEO and managing director of BrahMos Aerospace, during an interview with a news agency in February.

Earlier this year, Indonesian President Prabowo Subianto led a top-level delegation to India, accompanied by his navy chief, Admiral Muhammad Ali.

The team toured the missile manufacturer’s headquarters. Indian authorities note that other nations, such as Vietnam, the United Arab Emirates, Saudi Arabia, and Malaysia, are also engaging with BrahMos Aerospace regarding prospective acquisitions.

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