AUVs are having a massive impact on the way science looks at our world’s oceans. Even though a lot of research has been devoted towards AUVs in the west, the smaller third world countries of the east lack programs for development of AUV technologies that would better position them to understand their oceans. The Indian Underwater Robotics Society (IURS) is an independent body of students interested in the field of underwater robotics with the aim to popularize this subject in India, a third world country at the forefront of the technology revolution but still lacking its first AUV. With this aim in mind, IURS started work on a dream called BhAUV, India’s first AUV. The first goal for BhAUV was to develop into an AUV capable of competing in the AUVSI’s competition. However, once the development on BhAUV is completed it will be a low cost AUV capable of applications in academia, science, military, communication systems and public safety industries. Due to lack of industry support BhAUV has been developed using contributions mostly by team members. As such due to lack of funding, our first version of BhAUV utilizes an x86 motherboard running Windows XP, programmed in VB .NET and a sensor suite tailored for the competition. Though we are realistic about our chances at the competition, we are hoping to perform well with the first Indian AUV. Our dream of being in the competition would never have been realized if not for contributions from our few but supportive sponsors.