NIBE Limited — Updates, 24-05-2025: Press Release

NIBE Limited has secured a major export order worth USD 17.52 million (~INR 150.62 Cr) from an Israeli tech firm to manufacture Universal Rocket Launchers with a 300 km range. This advanced, India-made technology marks a significant step in NIBE’s global defence expansion and reinforces India’s stature in defence manufacturing, supporting the company’s focus on indigenous innovation aligned with Atmanirbhar Bharat and Make in India.