Work is also underway on a modified lighter and smaller-diameter version of the BrahMos for deployment on the Indian navy's MiG-29K and, potentially, the Dassault Rafale, as part of the Medium Multi-Role Combat Aircraft acquisition, which is still under negotiation.

Significantly, the company has also revealed that it will conduct the first test of its underwater launched variant “very shortly,” possibly before the end of March. Once proven, the weapon designated BrahMos-S will arm Indian attack submarines, including potentially the Project 75I license-build program that is expected to begin soon with the release of a request for proposals. The BrahMos-S test will come close on the heels of India's secretive K-15 subsurface-launched missile test in January in the Bay of Bengal. The 750-km (470-mi.) range K-15, designated Project B-05 by the Advanced Naval Systems Directorate, will be deployed on the country's under-test Arihant nuclear ballistic missile submarine.

The joint venture for the first time also showcased its BrahMos-2 hypersonic weapon concept at the recently concluded Aero India show. The scramjet-powered weapon is intended for a debut test in 2016-17. Preliminary research and development on the weapon has begun.

The BrahMos land version currently arms three army regiments, and was recently tested in a Block 3 configuration that showcases a steep-dive capability, allowing the missile to be used in high altitude terrain.

Despite its successful induction into the Indian armed forces, the BrahMos has yet to be either ordered by Russia or exported to friendly countries, as New Delhi and Moscow had agreed. Sources indicate that countries in Latin America and Southeast Asia have expressed interest in the weapon's land and ship-launched versions, and are likely to be given demonstrations this year.