Nibe Limited, a manufacturing company in the defence and aerospace sectors, has secured an international purchase order valued at USD 17.52 million (approximately INR 1.51 billion) for the manufacture and supply of Universal Rocket Launchers with a range of up to 300 kilometres. The contract is scheduled for completion on or before November 2027.
The order was placed by an original equipment manufacturer (OEM) based in Israel. It involves the production and delivery of launch systems to meet specifications outlined in the agreement. According to Nibe Limited, this transaction does not involve any related party interests and has been classified as an international order.
Nibe Limited is engaged in the production of engineered components and assemblies that serve multiple industrial sectors, including defence. The company’s product offerings include precision-engineered parts designed for use in defence applications. Nibe Limited has incorporated automation and digital technologies in its production units to improve operational efficiency and ensure consistent quality. The company also focuses on research and development efforts to align its products with evolving defence sector demands.
The company is headquartered in Pune, Maharashtra, India, with facilities in Bengaluru, Shirdi, Ratnagiri, and Supa MIDC.