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NIBE Limited — Updates, 24-05-2026: Press Release
24-05-2026 · 05:52 pm
NIBE Group inaugurated its Shirdi Defence Manufacturing Complex, featuring plants for 155mm ammunition (5 lakh shells annually), TNT, RDX, and Bio-CNG. They also unveiled Suryastra (300 KM rocket system) and Skystriker (100 KM loitering munition), boosting indigenous defence capabilities and creating over 3,000 jobs.
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