NIBE Secures Rs 1.5 Billion Export Order for Rocket Launchers
DEFENSE

NIBE Secures Rs 1.5 Billion Export Order for Rocket Launchers

NIBE Limited, a pioneering Indian defence systems manufacturer, has secured a major export Purchase Order valued at USD 17.52 million (approximately Rs 1.5 billion) from a globally recognised Israeli technology firm. The order includes the manufacturing and supply of Universal Rocket Launchers with a range of up to 300 kilometres—an advanced system being built in India for global deployment for the first time.

This achievement marks a significant milestone for both NIBE and India’s defence sector. It supports the Honourable Prime Minister’s Atmanirbhar Bharat and Make in India initiatives by showcasing indigenous capability in high-tech weaponry.

The rocket launcher system is among the most advanced in its class and is engineered to outperform global alternatives. The deal not only drives NIBE’s international expansion but also boosts India’s global standing in modern defence innovation.

NIBE continues to deliver high-impact solutions through global collaborations while serving both domestic and international clients. This order reinforces its role in enhancing national self-reliance and strategic defence capability.

Source:NIBE Limited press release 

NIBE Limited, a pioneering Indian defence systems manufacturer, has secured a major export Purchase Order valued at USD 17.52 million (approximately Rs 1.5 billion) from a globally recognised Israeli technology firm. The order includes the manufacturing and supply of Universal Rocket Launchers with a range of up to 300 kilometres—an advanced system being built in India for global deployment for the first time.This achievement marks a significant milestone for both NIBE and India’s defence sector. It supports the Honourable Prime Minister’s Atmanirbhar Bharat and Make in India initiatives by showcasing indigenous capability in high-tech weaponry.The rocket launcher system is among the most advanced in its class and is engineered to outperform global alternatives. The deal not only drives NIBE’s international expansion but also boosts India’s global standing in modern defence innovation.NIBE continues to deliver high-impact solutions through global collaborations while serving both domestic and international clients. This order reinforces its role in enhancing national self-reliance and strategic defence capability.Source:NIBE Limited press release 

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement