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

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->