India signs $2.36 bln contracts to buy nuclear-capable missiles

India's defence ministry on Friday signed contracts to procure nuclear-capable BrahMos missiles for the navy at a total cost of 195.2 billion rupees ($2.36 billion), the government said in a statement. India has previously approved purchases of 200 BrahMos missiles. The ministry also signed a contract to purchase a ship borne missile system for 9.88 billion rupees.

India's defence ministry on Friday signed contracts to procure nuclear-capable BrahMos missiles for the navy at a total cost of 195.2 billion rupees ($2.36 billion), the government said in a statement.

India has previously approved purchases of 200 BrahMos missiles. The ministry also signed a contract to purchase a ship borne missile system for 9.88 billion rupees. ($1 = 82.8460 Indian rupees)