IBOV 177,726.17 ▼ 0.09% IPSA 11,157.69 ▲ 1.47% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,156,332 ▼ 1.02% COLCAP 2,344.80 ▼ 1.26% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL5.13▲ 0.20% USD/MXN17.26▲ 0.17% USD/CLP913.25▲ 0.25% USD/COP3,174▲ 1.30% USD/PEN3.38▼ 0.27% USD/ARS1,496▼ 0.02% USD/UYU40.26▲ 1.26% USD/PYG5,932▲ 1.44% USD/BOB12.02▲ 0.44% USD/DOP58.08▼ 0.38% USD/CRC448.18▲ 1.60% USD/GTQ7.63▲ 2.33% USD/HNL26.78▲ 0.64% USD/NIO36.62▲ 0.75% USD/VES754.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.36% USD/TTD 6.66 — 0.00% EUR/BRL5.92▼ 0.09% BRENT 80.09 ▲ 0.81% WTI 75.65 ▲ 0.57% IRON ORE 161.91 — — COPPER 6.72 ▲ 0.23% GOLD 4,328 ▲ 1.94% SILVER 62.17 ▲ 0.11% SOY 1,175 ▲ 2.04% CORN 461.25 ▲ 5.61% WHEAT 642.25 — 0.00% COFFEE 310.55 ▼ 4.18% SUGAR 15.18 ▲ 0.20% ORANGE JUICE 156.25 ▼ 2.16% COTTON 82.92 ▲ 1.32% COCOA 5,969 ▲ 0.76% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.65 ▲ 1.34% PETR4 41.93 ▼ 1.34% VALE3 76.66 ▲ 0.46% ITUB4 42.38 ▲ 0.67% BBDC4 18.05 ▼ 0.76% ABEV3 15.84 ▼ 0.19% BBAS3 21.05 ▲ 0.29% B3SA3 15.55 ▼ 0.96% WEGE3 48.80 ▼ 0.75% PRIO3 59.20 ▲ 1.28% SUZB3 42.84 ▼ 0.42% RENT3 39.20 ▲ 0.28% AZZA3 15.96 ▼ 0.50% CSAN3 3.91 ▼ 3.46% RAIZ4 0.26 ▼ 7.14% PCAR3 2.94 ▲ 6.91% GMAT3 3.89 ▼ 1.52% PSSA3 53.48 ▼ 1.42% CVCB3 1.55 ▲ 12.32% POSI3 3.46 ▼ 1.14% SLCE3 13.51 ▼ 0.44% NATU3 8.30 ▼ 1.43% BRKM5 5.87 ▲ 0.69% RANI3 8.39 ▲ 0.60% CSNA3 4.89 ▲ 2.09% CMIN3 5.90 ▼ 0.17% USIM5 7.46 ▼ 0.80% GGBR4 26.31 ▲ 1.70% ENEV3 26.98 ▼ 0.66% CPFE3 46.09 ▼ 0.56% CMIG4 11.25 ▼ 0.27% EQTL3 39.18 ▼ 0.08% LREN3 13.67 — 0.00% VIVT3 31.21 ▼ 1.39% RAIL3 13.99 ▼ 0.92% KLABIN 18.64 ▲ 2.14% RAIA DROGASIL 20.55 ▲ 5.87% RDOR3 34.45 ▲ 0.15% HAPV3 11.11 ▼ 5.69% FLRY3 17.36 ▼ 0.74% SMTO3 14.30 ▲ 2.58% UGPA3 32.41 ▼ 0.58% VBBR3 35.09 ▼ 0.99% BBSE3 41.67 ▼ 0.95% BPAC11 56.81 ▲ 0.11% CURY3 32.03 ▲ 0.88% AERI3 2.30 ▲ 5.02% VIVARA 22.29 ▼ 1.37% COMPASS 24.22 ▼ 1.54% VAMOS 3.32 ▼ 0.30% SANB11 29.48 ▲ 1.31% ASAI3 8.83 ▲ 1.96% SBSP3 27.71 ▼ 1.07% WALMEX 48.65 ▼ 2.49% GMEXICO 222.65 ▲ 1.95% FEMSA 214.59 ▼ 1.29% CEMEX 19.90 ▼ 0.90% GFNORTE 199.03 ▲ 0.66% BIMBO 61.37 ▲ 0.77% TELEVISA 9.49 ▼ 1.35% AMX 20.74 ▼ 3.45% GAP 374.00 ▼ 1.85% ASUR 272.93 ▼ 1.22% OMA 235.58 ▼ 1.36% KOF 187.07 ▼ 0.26% GRUMA 256.62 ▼ 2.44% KIMBER 40.27 ▼ 0.10% SQM-B 63,950 ▲ 2.40% COPEC 6,288 ▲ 0.95% BSANTANDER 80.20 ▲ 1.01% FALABELLA 6,346 ▲ 1.37% ENELAM 87.05 ▼ 0.74% CENCOSUD 2,020 ▲ 1.66% CMPC 1,030 ▼ 0.95% BANCO CHILE 190.22 ▲ 0.63% LATAM AIR 26.38 ▲ 3.65% YPF 7,675 ▼ 2.10% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 681.00 ▲ 5.66% ALUAR 945.50 ▲ 1.34% TGS 9,270 ▼ 1.70% CEPU 2,259 ▼ 1.70% MIRGOR 1,640 — 0.00% COME 41.47 ▼ 1.03% LOMA NEGRA 3,490 ▲ 0.36% BYMA 288.75 ▼ 0.94% TELECOM ARG 4,345 ▲ 0.23% ECOPETROL 16.39 ▲ 0.49% BANCOLOMBIA 90.11 ▲ 0.11% GRUPO AVAL 5.30 ▲ 1.73% CREDICORP 394.88 ▲ 0.70% SOUTHERN COPPER 197.00 ▲ 0.94% BUENAVENTURA 33.00 ▲ 2.29% MERCADOLIBRE 1,923 ▲ 1.80% NUBANK 14.48 ▲ 1.05% XP 16.98 ▲ 0.06% PAGSEGURO 9.40 ▼ 1.05% STONE 11.17 ▼ 0.53% GLOBANT 38.38 ▲ 0.66% TECNOGLASS 47.75 ▲ 3.22% GAP AIRPORT 217.52 ▼ 1.44% ASUR 272.93 ▼ 1.22% OMA AIRPORT 109.61 ▼ 1.25% AMX ADR 24.02 ▼ 3.46% FEMSA ADR 124.37 ▼ 1.51% CEMEX ADR 11.55 ▼ 0.52% PETROBRAS ADR 18.36 ▼ 1.92% VALE ADR 14.94 ▲ 0.74% ITAU ADR 8.21 ▲ 0.24% SANTANDER BR 5.79 ▲ 1.94% AMBEV ADR 3.03 ▼ 0.33% CSN 0.98 ▲ 4.98% GERDAU 5.14 ▲ 0.78% LATAM ADR 57.70 ▲ 3.67% BTC 64,768 ▲ 0.26% ETH 1,910 ▲ 0.17% SOL 73.64 ▼ 0.43% XRP 1.05 ▼ 1.14% BNB 594.12 ▲ 0.15% ADA 0.19 ▼ 1.28% DOGE 0.07 ▼ 0.37% AVAX 6.66 ▲ 0.07% LINK 8.17 ▲ 0.23% DOT 0.83 ▼ 1.01% LTC 45.00 ▼ 0.61% BCH 214.78 ▲ 0.21% TRX 0.33 ▼ 0.13% XLM 0.16 ▼ 1.90% HBAR 0.07 ▼ 0.98% NEAR 1.70 ▲ 0.40% ATOM 1.34 ▼ 1.32% AAVE 88.40 ▼ 1.50% SELIC 14.00% EMBRAER 93.01 ▲ 2.76% EMBRAER ADR 72.78 ▲ 3.20% JBS 13.70 ▲ 0.66% JBS BDR 70.54 ▲ 0.67% MBRF3 16.77 ▼ 0.95% MBRFY 3.12 ▼ 4.59% INTER 5.71 ▲ 0.18% IBOV 177,726.17 ▼ 0.09% IPSA 11,157.69 ▲ 1.47% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,156,332 ▼ 1.02% COLCAP 2,344.80 ▼ 1.26% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL 5.13 ▲ 0.20% USD/MXN 17.26 ▲ 0.18% USD/CLP 913.25 ▲ 0.25% USD/COP 3,174 ▲ 1.30% USD/PEN 3.38 ▼ 0.27% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.26 ▲ 1.26% USD/PYG 5,932 ▲ 1.44% USD/BOB 12.02 ▲ 0.44% USD/DOP 58.08 ▼ 0.38% USD/CRC 448.18 ▲ 1.60% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.78 ▲ 0.64% USD/NIO 36.62 ▲ 0.75% USD/VES 754.01 ▼ 0.03% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.70% USD/TTD 6.66 — 0.00% EUR/BRL 5.92 ▼ 0.09% BRENT 80.09 ▲ 0.81% WTI 75.65 ▲ 0.57% IRON ORE 161.91 — — COPPER 6.72 ▲ 0.23% GOLD 4,328 ▲ 1.94% SILVER 62.17 ▲ 0.11% SOY 1,175 ▲ 2.04% CORN 461.25 ▲ 5.61% WHEAT 642.25 — 0.00% COFFEE 310.55 ▼ 4.18% SUGAR 15.18 ▲ 0.20% ORANGE JUICE 156.25 ▼ 2.16% COTTON 82.92 ▲ 1.32% COCOA 5,969 ▲ 0.76% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.65 ▲ 1.34% PETR4 41.93 ▼ 1.34% VALE3 76.66 ▲ 0.46% ITUB4 42.38 ▲ 0.67% BBDC4 18.05 ▼ 0.76% ABEV3 15.84 ▼ 0.19% BBAS3 21.05 ▲ 0.29% B3SA3 15.55 ▼ 0.96% WEGE3 48.80 ▼ 0.75% PRIO3 59.20 ▲ 1.28% SUZB3 42.84 ▼ 0.42% RENT3 39.20 ▲ 0.28% AZZA3 15.96 ▼ 0.50% CSAN3 3.91 ▼ 3.46% RAIZ4 0.26 ▼ 7.14% PCAR3 2.94 ▲ 6.91% GMAT3 3.89 ▼ 1.52% PSSA3 53.48 ▼ 1.42% CVCB3 1.55 ▲ 12.32% POSI3 3.46 ▼ 1.14% SLCE3 13.51 ▼ 0.44% NATU3 8.30 ▼ 1.43% BRKM5 5.87 ▲ 0.69% RANI3 8.39 ▲ 0.60% CSNA3 4.89 ▲ 2.09% CMIN3 5.90 ▼ 0.17% USIM5 7.46 ▼ 0.80% GGBR4 26.31 ▲ 1.70% ENEV3 26.98 ▼ 0.66% CPFE3 46.09 ▼ 0.56% CMIG4 11.25 ▼ 0.27% EQTL3 39.18 ▼ 0.08% LREN3 13.67 — 0.00% VIVT3 31.21 ▼ 1.39% RAIL3 13.99 ▼ 0.92% KLABIN 18.64 ▲ 2.14% RAIA DROGASIL 20.55 ▲ 5.87% RDOR3 34.45 ▲ 0.15% HAPV3 11.11 ▼ 5.69% FLRY3 17.36 ▼ 0.74% SMTO3 14.30 ▲ 2.58% UGPA3 32.41 ▼ 0.58% VBBR3 35.09 ▼ 0.99% BBSE3 41.67 ▼ 0.95% BPAC11 56.81 ▲ 0.11% CURY3 32.03 ▲ 0.88% AERI3 2.30 ▲ 5.02% VIVARA 22.29 ▼ 1.37% COMPASS 24.22 ▼ 1.54% VAMOS 3.32 ▼ 0.30% SANB11 29.48 ▲ 1.31% ASAI3 8.83 ▲ 1.96% SBSP3 27.71 ▼ 1.07% WALMEX 48.65 ▼ 2.49% GMEXICO 222.65 ▲ 1.95% FEMSA 214.59 ▼ 1.29% CEMEX 19.90 ▼ 0.90% GFNORTE 199.03 ▲ 0.66% BIMBO 61.37 ▲ 0.77% TELEVISA 9.49 ▼ 1.35% AMX 20.74 ▼ 3.45% GAP 374.00 ▼ 1.85% ASUR 272.93 ▼ 1.22% OMA 235.58 ▼ 1.36% KOF 187.07 ▼ 0.26% GRUMA 256.62 ▼ 2.44% KIMBER 40.27 ▼ 0.10% SQM-B 63,950 ▲ 2.40% COPEC 6,288 ▲ 0.95% BSANTANDER 80.20 ▲ 1.01% FALABELLA 6,346 ▲ 1.37% ENELAM 87.05 ▼ 0.74% CENCOSUD 2,020 ▲ 1.66% CMPC 1,030 ▼ 0.95% BANCO CHILE 190.22 ▲ 0.63% LATAM AIR 26.38 ▲ 3.65% YPF 7,675 ▼ 2.10% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 681.00 ▲ 5.66% ALUAR 945.50 ▲ 1.34% TGS 9,270 ▼ 1.70% CEPU 2,259 ▼ 1.70% MIRGOR 1,640 — 0.00% COME 41.47 ▼ 1.03% LOMA NEGRA 3,490 ▲ 0.36% BYMA 288.75 ▼ 0.94% TELECOM ARG 4,345 ▲ 0.23% ECOPETROL 16.39 ▲ 0.49% BANCOLOMBIA 90.11 ▲ 0.11% GRUPO AVAL 5.30 ▲ 1.73% CREDICORP 394.88 ▲ 0.70% SOUTHERN COPPER 197.00 ▲ 0.94% BUENAVENTURA 33.00 ▲ 2.29% MERCADOLIBRE 1,923 ▲ 1.80% NUBANK 14.48 ▲ 1.05% XP 16.98 ▲ 0.06% PAGSEGURO 9.40 ▼ 1.05% STONE 11.17 ▼ 0.53% GLOBANT 38.38 ▲ 0.66% TECNOGLASS 47.75 ▲ 3.22% GAP AIRPORT 217.52 ▼ 1.44% ASUR 272.93 ▼ 1.22% OMA AIRPORT 109.61 ▼ 1.25% AMX ADR 24.02 ▼ 3.46% FEMSA ADR 124.37 ▼ 1.51% CEMEX ADR 11.55 ▼ 0.52% PETROBRAS ADR 18.36 ▼ 1.92% VALE ADR 14.94 ▲ 0.74% ITAU ADR 8.21 ▲ 0.24% SANTANDER BR 5.79 ▲ 1.94% AMBEV ADR 3.03 ▼ 0.33% CSN 0.98 ▲ 4.98% GERDAU 5.14 ▲ 0.78% LATAM ADR 57.70 ▲ 3.67% BTC 64,768 ▲ 0.26% ETH 1,910 ▲ 0.17% SOL 73.64 ▼ 0.43% XRP 1.05 ▼ 1.14% BNB 594.12 ▲ 0.15% ADA 0.19 ▼ 1.28% DOGE 0.07 ▼ 0.37% AVAX 6.66 ▲ 0.07% LINK 8.17 ▲ 0.23% DOT 0.83 ▼ 1.01% LTC 45.00 ▼ 0.61% BCH 214.78 ▲ 0.21% TRX 0.33 ▼ 0.13% XLM 0.16 ▼ 1.90% HBAR 0.07 ▼ 0.98% NEAR 1.70 ▲ 0.40% ATOM 1.34 ▼ 1.32% AAVE 88.40 ▼ 1.50% SELIC 14.00% EMBRAER 93.01 ▲ 2.76% EMBRAER ADR 72.78 ▲ 3.20% JBS 13.70 ▲ 0.66% JBS BDR 70.54 ▲ 0.67% MBRF3 16.77 ▼ 0.95% MBRFY 3.12 ▼ 4.59% INTER 5.71 ▲ 0.18%
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Brazil Business - Brazil

India and Brazil explore new business opportunities in defense sector

By · May 19, 2022 · 3 min read

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RIO DE JANEIRO, BRAZIL – A delegation from India’s Ministry of Defense and representatives from public and private companies are visiting Brazil this week to explore opportunities in the sector.

The delegation, led by Sanjay Jaju, Additional Secretary, Department of Defence Production, is scheduled to visit Brazilian military installations and defense companies in Rio de Janeiro, Brasilia, and inland São Paulo state.

The Indian delegation is expected to meet with the commanders of the three armed forces and other senior Brazilian government officials, where Indian companies will showcase their capabilities, products, and services.

The Indian Light Attack Helicopter (Picture: India DoD)
The Indian Light Attack Helicopter (Picture: India DoD)
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In São Paulo, the Indian companies will visit São José dos Campos, where Brazil’s most prominent defense companies are headquartered, and the São José dos Campos Technology Park, where Indian companies can showcase their portfolio and network with their Brazilian counterparts.

The visitors will also visit Embraer Group’s production facilities in São José dos Campos and Gavião Peixoto. According to Indian trade publications, products, services, and capabilities will be offered on land, sea, and air.

India’s defense and security industry will offer surface-to-surface missiles, rocket launchers, armored missile launchers, ballistic vests and helmets, scopes, night vision equipment, and light attack helicopters for the Army.

For the Navy, the list includes submarines and cyber defense capabilities, pursuit, reconnaissance, and surveillance aircraft, amphibious assault ships, and amphibious assault ships.

For the Air Force, India’s offering includes AWACS aircraft and light combat jets, all part of the government’s “Make in India” policy that facilitates the export of defense platforms and weapons to friendly countries.

Indian companies already confirmed in the entourage include Armoured Vehicles Nigam Limited, Bharat Dynamics Limited, Bharat Electronics Limited, Dhruva Aerospace, GRSE, Maharashtra Minerals Corporation Limited, Mazagon Dock Shipbuilders, and others yet to be officially announced.

Brahmos, India's largest arms export: 4 million. Photo: India DoD
Brahmos, India’s largest arms export: US$334 million. Photo: India DoD

The Indian visit to Brazil comes at a time when the country’s defense industry has achieved significant successes, such as the recently signed agreement with the Philippines for the sale of BrahMos supersonic cruise missiles, a contract worth about US$334 million awarded to BrahMos Aerospace Private Ltd. on Dec. 31.

For the first time, India had successfully test-fired the extended-range version of the BrahMos missile from the Su-30 MKI aircraft, thus allowing the country’s armed forces to carry out long-range high-precision strikes Indian Defense Ministry says.

In the naval sector, the INS Vikrant will enter service next August. It is the first Indian-made aircraft carrier capable of carrying up to 50 aircraft and helicopters and is designed to contain China’s expansion into the Indian Ocean and its maritime trade routes. India’s capabilities in manufacturing such vessels will be introduced to the Brazilian Navy.

NS Vikrant, 40,000-ton displacement and sky-jump ramp. Photo: India DoD
NS Vikrant, 40,000-ton displacement, and sky-jump ramp. Photo: India DoD

Another weapon the Indians plan to showcase in Brazil is the first Indian-developed and produced visual contact air-to-air (BVR) missile, the Astra, an active radar missile capable of engaging targets at various altitudes with ranges (range) between 10 km (short) and 110 km (long).

The missile is integrated into the Sukhoi Su-30MKI, Dassault Mirage 2000, HAL Tejas, and Mikoyan MiG-29 fighter aircraft.

With information from infodefensa

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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