Indian Army Awards Rs 2.93 Billion Rocket Systems Contract
DEFENSE

Indian Army Awards Rs 2.93 Billion Rocket Systems Contract

The Indian Army has signed a Rs 2.93 billion contract with indigenous defence manufacturer Nibe to procure equipment and ammunition for its universal rocket launcher systems, as part of its long-term plan to strengthen deep and rapid strike capabilities.

In a regulatory filing to the Bombay Stock Exchange and the National Stock Exchange, Nibe said it has entered into a supply contract with the Ministry of Defence for the manufacture and supply of ground equipment, accessories, electronic system packages and ammunition. The systems are designed for a Universal Rocket Launcher System capable of integrating multiple rocket types, including long-range variants with strike ranges of 150 km and 300 km. The contract value is inclusive of all applicable taxes and duties.

Nibe said the order reflects its role as a domestic defence manufacturer focused on developing critical systems and components to support India’s self-reliance in defence production.

According to sources, the order relates to the Israeli Precise and Universal Launching System (PULS) and is being executed under the Emergency Procurement route. Deliveries will be completed in tranches over a 12-month period.

The Emergency Procurement framework was introduced after the May 2020 standoff with the Chinese PLA to enable faster acquisition of equipment in situations of urgent operational necessity. The provision allows authorities to fast-track procurement, repairs and essential services required for preparedness during war-like situations, natural calamities and other emergencies. Financial approval powers for Emergency Procurement (Capital) up to Rs 3 billion rest with the Vice Chiefs of Staff of the Army, Navy and Air Force.

The procurement from Nibe aligns with the Indian Army’s broader effort to strengthen its rocket forces. In June 2025, reports highlighted plans to raise two additional regiments of the Pinaka Multi Barrel Rocket Launcher system. In artillery terms, a regiment comprises three batteries, with each battery operating six launchers.

India’s rocket artillery forms part of the Regiment of Artillery, raised in 1827, which is the second-largest arm of the Indian Army after the infantry. Often referred to as the “God of War”, the artillery plays a critical role in delivering deep and sustained firepower to counter enemy forces.

The Indian Army has signed a Rs 2.93 billion contract with indigenous defence manufacturer Nibe to procure equipment and ammunition for its universal rocket launcher systems, as part of its long-term plan to strengthen deep and rapid strike capabilities. In a regulatory filing to the Bombay Stock Exchange and the National Stock Exchange, Nibe said it has entered into a supply contract with the Ministry of Defence for the manufacture and supply of ground equipment, accessories, electronic system packages and ammunition. The systems are designed for a Universal Rocket Launcher System capable of integrating multiple rocket types, including long-range variants with strike ranges of 150 km and 300 km. The contract value is inclusive of all applicable taxes and duties. Nibe said the order reflects its role as a domestic defence manufacturer focused on developing critical systems and components to support India’s self-reliance in defence production. According to sources, the order relates to the Israeli Precise and Universal Launching System (PULS) and is being executed under the Emergency Procurement route. Deliveries will be completed in tranches over a 12-month period. The Emergency Procurement framework was introduced after the May 2020 standoff with the Chinese PLA to enable faster acquisition of equipment in situations of urgent operational necessity. The provision allows authorities to fast-track procurement, repairs and essential services required for preparedness during war-like situations, natural calamities and other emergencies. Financial approval powers for Emergency Procurement (Capital) up to Rs 3 billion rest with the Vice Chiefs of Staff of the Army, Navy and Air Force. The procurement from Nibe aligns with the Indian Army’s broader effort to strengthen its rocket forces. In June 2025, reports highlighted plans to raise two additional regiments of the Pinaka Multi Barrel Rocket Launcher system. In artillery terms, a regiment comprises three batteries, with each battery operating six launchers. India’s rocket artillery forms part of the Regiment of Artillery, raised in 1827, which is the second-largest arm of the Indian Army after the infantry. Often referred to as the “God of War”, the artillery plays a critical role in delivering deep and sustained firepower to counter enemy forces.

Related Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement