Russia and India have recently agreed to develop hypersonic BrahMos 2 missile capable of flying at speeds of Mach 5-Mach 7.
The new missile would be made in three variants ground-launched, airborne, and sea-launched.
The new missiles would be supplied only to India and Russia, without being exported to other countries.
Established in 1998, BrahMos Aerospace Ltd, a Russian-Indian joint venture, currently manufactures BrahMos supersonic cruise missiles based on the Russian-designed NPO Mashinostroyenie 3M55 Yakhont (SS-N-26).
The BrahMos missile has a range of 290km and can carry a conventional warhead of up to 300kg. It can effectively engage targets from an altitude as low as 10 metres and has a top speed of Mach 2.8, which is about three times faster than the US-made subsonic Tomahawk cruise missile.
Sea and groundlaunched versions have been successfully tested and put into service with the Army and the Navy.
The flight tests of the airborne version will be completed by the end of 2012.