Of course. The initiative to Make in India in terms of defense appears to be working.

http://defenceupdate.in/china-worried-india-expanding-missile-export-drive-countries/ 

Naval variant Army variant
The next generation of BrahMos is named as the BrahMos NG. It is basically a smaller version of the current BrahMos with similar performance and minor improvements. It will undergo a 50% weight reduction and a 30% length reduction and 0% performance reduction. So how is it possible to do such a thing? According to my sources, the current BrahMos uses large electronics circuits and heavy guidance systems and components. The casing of the missile is quite heavy as well since the missile has 25 year old technology which is excellent but heavy and big, which makes the current version so heavy. The NG will feature new gen micro-electronics and advanced composites which will drastically reduce its weight. The new smaller ramjet will also contribute to the smaller size and reduced weight. The speed will be increased from Mach 3 to Mach 3.5. All the branches of the Indian military have expressed interest in the NG variant.