India’s defense manufacturing is in positive direction. Maharashtra (India) based defence manufacturing company Nibe Limited has fixed a deal with Israeli defence company for the delivery of Universal Rocket Launchers
After India’s small scale war against terrorist’s bases in Pakistan after 26 Hindu tourist killed in Pehalgam by Pakistani Terrorists. India’s defence manufacturing is in high demand across the globe. Pune and Mumbai (India) based defence manufacturing company Nibe Limited and Israel based Original Equipment Manufacturer (OEM) have signed a large international export order worth ₹150.6 Crore to be supplied by Nibe over the next 3 Years.
The deal between Nibe Limited and Israeli OEM is for the production and delivery of Universal Rocket Launchers. The reach of these rocket launchers are up to 300 km. The project is expected to be executed on or before November 2027 as per the company’s regulatory filing.
The identity of the this Israeli is not disclosed due confidentiality business agreements, but this defence deal shows Nibe’s increasing reputation in international defence cooperation and defence market.
Defence manufacturing company Nibe Limited is located in the MIDC Industrial Area at Pune, its corporate office located at Mumbai and Pune. Company has continued to develop defence infrastructure for high-tech defence and aerospace solutions. Its products include state of the art aerospace equipment, artillery systems, smart electronic devices, indigenous small arms and some other devices for defence solutions.
Indian Government working hard on Make in India and Atma Nirbhar Bharat for last few years, Nibe Limited following the initiative of Indian Government. This business deal with Israel OEM strengthens the Nibe’s presence in the global market and which also proves India’s capabilities of providing high-performance, export-quality defence technologies to the world.
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News Resource – indiainfoline.com, 25th May 2025
