NIBE Limited
NIBE Limited secures $17.52 million order from Israel-based company for supply of Universal Rocket Launchers
A pioneering Indian manufacturer of critical defence systems NIBE Limited, has announced receiving a significant export Purchase Order valued at $17.52 million from an Israel-based company.
A pioneering Indian manufacturer of critical defence systems NIBE Limited, has announced receiving a significant export Purchase Order valued at $17.52 million from an Israel-based company.
The order involves the manufacturing and supply of Universal Rocket Launchers with a range capability of up to 300 kilometres - a highly advanced technology being produced in India for the first time for the global market, Money Control reported.
The rocket launcher is considered as one of the advanced in the segment.
About NIBE
NIBE Limited says it stands as a cornerstone in the country’s journey towards self-reliance and innovation.
"Aligned with the vision of Atmanirbhar Bharat, we are committed to delivering cutting-edge defence solutions that strengthen India’s position on the global stage," read the company's website.
Headquartered in Pune, with state-of-the-art facilities designed to handle large-scale defence projects, NIBE Limited’s expertise spans from manufacturing artillery ammunition and missile systems to small arms and advanced electronics.
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