The photograph, above, shows an Indian Air Force MiG-29 aircraft, currently in Russia to receive a Mid-life upgrade, loaded with a Kh-35U Subsonic Anti-Ship Cruise Missile . The entire fleet of these Russian-origin aircrafts are to receive a Mid-life/Life-extension upgrade. Following the upgrade, these aircraft are to be identified by the nomenclature UPG as suffix, i.e., MiG-29UPG. Capability to launch the Kh-35 missiles are being incorporated into the MiG-29 aircraft as part of the upgrade package decided upon.
The MiG aircrafts [MiG-29K & MiG-29KUB] that India is acquiring for flying off its planned induction of Aircraft Carriers are to have this launch capability too.
Another picture of the aircraft loaded with the Kh-35U missile [a dummy, I presume - correction would be most welcome].
Kh-35 Anti-Ship Cruise Missile
Earlier: MiG-29 fighters of Indian Navy & Air Force [MiG-29K/KUB/UPG] [Photographs] - UPDATED
Indian Navy & Air Force's MiG-29 aircrafts [hi-res photographs]
Indian Navy MiG-29K aircraft wallpapers
Godspeed