Akash Missile System

India's defence exports touched a record Rs 21,083 crore in FY24

The missile will be offered for export; possibility of sales to east Asian and African countries

The Akash-NG (New Generation) Missile was successfully launched by the Defence Research and Development Organisation (DRDO) on Sunday and intercepted the target with 'textbook precision'.As per a statement from the DRDO, the launch was conducted from an Integrated Test Range off the coast of Odisha.Akash-NG is a new generation Surface to Air Missile meant for use by Indian Air Force with an aim of intercepting high maneuvering aerial threats."The test launch, carried out by a combined team of DRDO, BDL & BEL in the presence of the representatives of the Indian Air Force, met all test objectives by performing high maneuvers during the trajectory. Performance of the Command and Control system, onboard avionics and aerodynamic configuration of the missile was successfully validated," the statement added.It further said that during the test launch, the entire flight path of the missile was monitored and the flight data was captured by various Range instruments such as Radar, EOTS ...

In a series of tweets, Shah also said approval of the proposals for industrial corridors worth Rs 7,725 crore will generate more than 2.8 lakh jobs

After its induction in the services, interest was shown in the missile by many countries during international exhibitions, defence expos and Aero India

The Cabinet on Wednesday approved the export of Akash Missile System aiming to achieve the target of USD 5 billion of defence export and improve strategic relations with friendly foreign countries, said Defence Minister Rajnath Singh.The Union Cabinet was chaired by Prime Minister Narendra Modi. Akash is country's important missile with over 96 per cent indigenisation. Akash is a Surface-to-Air Missile with a range of 25 Kms. The missile was inducted in 2014 in Indian Air Force (IAF) and in 2015 in Indian Army.Singh said a committee for faster approvals for the export of such platforms has been created."Under the #AtmaNirbharBharat, India is growing in its capabilities of manufacturing wide variety of Defence platforms & missiles. The Cabinet chaired by PM @narendramodi ji today approved the export of Akash Missile System and a Committee for faster approvals has been created," Singh said in a tweet.The decision by the Cabinet would help the country to improve its defence ...

For FY20, the firm has generated orders worth Rs 9,000 crore. Achieving its full-year guidance of Rs 15,000 crore may now not be difficult, say analysts

This would help defence industry, and send out message that the govt is serious about indigenisation