Joint Venture Company ”BrahMos” was registered in Republic of India in the year 1998. It is founded by the Defence Research & Development Organization (DRDO), having a number of specialized laboratories under the Ministry of Defence, India and the Federal State Unitary Enterprise ”NPO Mashinostroyenia ”, one of the leaders of Russian spacemissile enterprises. The purpose of setting up of JV is the development, manufacturing and marketing of supersonic Antiship Cruise missiles. For the development the scientific and technical expertise of both the sides on similar systems are used. The main outstanding feature of this Indo-Russian cooperation is the close interaction of both the sides in all development stages and subsequent manufacturing of missiles in both the countries. At the present the flight trials of the missiles as well as the preparation of industries for serial production is going on.