Last week, India performed a second successful test-firing of the missile. “The test was successful,” Ravi Kumar Gupta, spokesman for the DRDO, said in a press statement Sunday. “It hit the target in a predefined trajectory. It met all the mission objectives.”

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Now whether the regional security balance will be upset by the imminent production of this new ICBM remains to be seen. On one hand, this system merely incrementally augments India's nuclear deterrent capability, it doesn't impart any huge new tactical advantage.

"The existence of the Agni-V does not change the weapons requirements of any of India's potential foes," Christopher Clary, a former country director for South Asian affairs in the Office of the Secretary of Defence, told the Global Security Newswire. "China already has long-range missiles and Pakistan can credibly threaten Indian commercial and political centers with its existing systems. "

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On the other hand, this development could well inflame Pakistan and India's nearly seven decade-long tensions and potentially accelerate the arms race between the two nuclear-powered nations. Even worse, it could lead to even greater instability in an already unstable region. So, there's that. But at least it looks impressive in a parade. [Gavari Gujarat - Al Jazeera - Wikipedia- Times of India]