Chakan, Pune located Nibe Limited Secures Major International Defense Order Worth $17.52 Million. In a significant development for India’s growing defence manufacturing sector, Nibe Limited has announced the receipt of a major international purchase order valued at USD 17.52 million (approximately INR 150.62 crore).
Nibe Limited has received this order from a leading global Original Equipment Manufacturer (OEM), an Israel-based defence technology firm. The scope of the contract involves the manufacturing and supply of Universal Rocket Launchers with a range of up to 300 kilometers. This substantial project underscores Nibe’s capability to meet stringent international standards and highlights its strategic position in the defence production ecosystem.
The order is slated for execution on or before November 2027, giving the company a clear long-term pipeline and potential for future collaborations. This is a purely international engagement, with no related party involvement, and the transaction does not fall under related party transactions, reinforcing the independence and merit-based nature of the award
This development is not only a testament to Nibe Limited’s technological expertise but also aligns with India’s ambitions to become a global defense manufacturing hub. The contract with the Israeli firm also showcases increasing trust in Indian companies as reliable partners for advanced military equipment
Nibe Limited has steadily built its reputation as a capable player in specialized manufacturing sectors. This latest achievement could serve as a launchpad for further international opportunities, especially as global geopolitical shifts drive nations to diversify and localize defense supply chains.
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