#Indonesia plans to buy additional #BrahMos from India

Ahead of PM Modi's visit to Indonesia, reports suggest Jakarta is looking to expand its planned procurement of BrahMos

This comes weeks after Defence Secretary Rajesh Kumar Singh said India's BrahMos export deal with Vietnam had already been signed, with Indonesia next in line

If finalised, the deal would further strengthen India's position as a reliable exporter of advanced defence systems.

The sale of additional BrahMos supersonic missile systems is expected to come up during Modi's three-day visit to the country.

India ⁠has already signed ⁠a deal with Vietnam under which it will supply BrahMos missiles which it has jointly ‌developed with Russia and is in “final stages” for a similar deal with Indonesia, India’s Defence Secretary Rajesh Kumar Singh said on ⁠Saturday. India has a strong commitment ‌to Asean nations, Singh said, without disclosing more details ‌of the deals related to BrahMos.

India, which has been building ‌up ‌domestic defence manufacturing for local use ‌and exports, has already sold ⁠the supersonic cruise missiles to the Philippines.

A deal with Vietnam could be worth about 60 ‌billion rupees (US$629 million), ‌including training and logistical support, a source previously said. BrahMos’ growing export appeal rests on a combination of raw performance and its proven combat abilities. The missile’s battlefield debut came during “Operation Sindoor” in May 2025, India’s military campaign against Pakistan following a militant attack in Pahalgam, Indian-administered Kashmir, that killed at least 26 civilians.

Home loans upto 50 lakhs under priority sector lending (PSL) is a positive step,says President CREDAI

Speaking at the inauguration of 14th NATCON organized by CREDAI in Jakarta, Indonesia C. Shekar Reddy, National President CREDAI said, “With the New Government in India under the Prime Minister Sh. Narendra Modi   the government is taking right steps to introduce reforms required by the industry and are open for the suggestions to bring in the positive changes.  With a development focus union budget and steps like relaxation in norms of CRR & SLR by RBI the housing sector will grow. Bringing affordable housing project finance and home loans upto 50 lakhs under priority sector lending (PSL) will give a major boost to the small and medium developers which cater to the affordable housing segment. Moreover the government has incorporated CREDAI’s recommendation and relaxed the FDI norms for investment in the real estate which will act as a catalyst for growth.”