Nibe Ltd. Secures ₹150.62 Crore Export Order for Universal Rocket Launchers.

Nibe Limited, a prominent Indian manufacturer of critical defense systems, has announced a significant export purchase order valued at USD 17.52 million (approximately ₹150.62 crore). The order comes from a globally renowned technology-based company in Israel.

The contract entails the manufacturing and supply of Universal Rocket Launchers with a formidable range capability of up to 300 km. This marks a groundbreaking achievement for India's defense manufacturing sector, as this highly advanced technology is being produced in India for the global market for the first time.

"This is a landmark achievement for Nibe Limited and a proud milestone for India's defense manufacturing sector," the company stated. "With this contract, we reaffirm our commitment to Honourable Prime Minister’s vision of Atmanirbhar Bharat and Make in India, bringing world-class defense technology to Indian soil."

The Universal Rocket Launcher is touted as one of the most advanced in its class, designed to surpass currently available global alternatives. This order not only signifies a major step forward in Nibe Limited's international expansion but also reinforces India's strategic position in the realm of modern warfare systems.

By collaborating with international defense leaders, Nibe Limited continues to develop high-impact, indigenous solutions for both the Indian Armed Forces and international clients, aligning with national priorities and advancing global defense innovation.