Defence: NIBE Limited has received an export order worth Rs 150 crore from Israel’s leading technology company, which includes manufacturing and supply of Universal Rocket Launcher with a range of up to 300 km. This is the first time that such a cutting-edge technology is being produced in India for the global market.
NIBE Ltd, a leading Indian manufacturer of critical defence systems, has received an export order worth around Rs 150 crore from Israel’s world-renowned leading technology-based company. The order includes manufacturing and supply of Universal Rocket Launcher with a range capability of up to 300 km. This is a highly advanced technology manufactured in India for the first time for the global market.
A NIBE Limited spokesperson said that this is a historic achievement. A proud milestone for India’s defence manufacturing sector. With this contract, we reaffirm our commitment to the Prime Minister’s vision of ‘Atmanirbhar Bharat’ and Make in India, bringing world-class defence technology to Indian soil.
The Universal Rocket Launcher is the most advanced in its class and is designed to outperform currently available global alternatives. This order not only marks a major step in NIBE Limited’s international expansion but also strengthens India’s strategic position in the field of advanced warfare systems.
By collaborating with international defence giants, NIBE Limited continues to develop high-impact, indigenous solutions for both the Indian Armed Forces and international customers.
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