Status
Each missile is expected to have starting costs below US$ 500,000, i.e. under 20 million, which is less than half the cost of similar Western missiles which usually cost between US$ 1.2-1.5 million ( 50-60 million) each. It is expected that this cost will further decrease due to the economies of scale achieved as production ramps up. The Indian military (IAF & IA) have a combined order worth 23,300 crore ($5.18 billion). On 24 May 2012, India successfully test fired Akash missile to revalidate technology and operational efficacy. On 1 June 2012, the Air Force version of the missile with a strike range of 25 km was successfully test fired from the Integrated Test Range at Chandipur.
Read more about this topic: Akash (missile)
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