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→Development: Removed/fixed incorrect author parameter(s), performed general fixes
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The project, with a budget of [[US$]]500 million was said to have been signed in May 2007.<ref>[http://www.india-defence.com/reports/2946 india-defence.com: DRDO, MBDA to Jointly Develop Maitri Quick Reaction Missile]</ref> | The project, with a budget of [[US$]]500 million was said to have been signed in May 2007.<ref>[http://www.india-defence.com/reports/2946 india-defence.com: DRDO, MBDA to Jointly Develop Maitri Quick Reaction Missile]</ref> | ||
On 14 February 2013, India and France concluded negotiations on the Short Range Surface to Air Missile nearly worth of $6 billion during the talks between French President Francois Hollande and Prime Minister Manmohan Singh.<ref> | On 14 February 2013, India and France concluded negotiations on the Short Range Surface to Air Missile nearly worth of $6 billion during the talks between French President Francois Hollande and Prime Minister Manmohan Singh.<ref>{{Cite news|url=http://www.business-standard.com/article/economy-policy/india-france-conclude-6-bn-deal-on-surface-to-air-missile-113021400447_1.html|title=India, France sign $6 bn deal on Surface to Air Missile|newspaper=Business Standard India|date=14 February 2013|agency=Press Trust of India}}</ref> | ||
On 30 March 2015, it was reported that the project was revived specially by the request of [[Indian Navy]] for a point air defence system after stating that Akash missile defence system is not suitable for Indian warships defence. The DRDO with MBDA is planning to develop 9 short-range surface-to-air missile system (SRSAM) with 40 missiles each for Indian Navy.<ref>{{Cite web|url=http://www.dnaindia.com/india/report-india-revives-joint-missile-project-with-french-firm-2073368|title = India revives joint missile project with French firm|date = 31 March 2015}}</ref> Development of the missile is expected to be completed within three years of the project go-ahead, when initial testing will commence. | On 30 March 2015, it was reported that the project was revived specially by the request of [[Indian Navy]] for a point air defence system after stating that Akash missile defence system is not suitable for Indian warships defence. The DRDO with MBDA is planning to develop 9 short-range surface-to-air missile system (SRSAM) with 40 missiles each for Indian Navy.<ref>{{Cite web|url=http://www.dnaindia.com/india/report-india-revives-joint-missile-project-with-french-firm-2073368|title = India revives joint missile project with French firm|date = 31 March 2015}}</ref> Development of the missile is expected to be completed within three years of the project go-ahead, when initial testing will commence. | ||