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Nibe Limited Lands Landmark ₹226.6 Million Order, Propels India’s Defence Tech on Global Stage


Updated: July 01, 2025 17:40

Image Source: Indian Web
Nibe Limited, a rising star in India’s defence manufacturing sector, has secured a major order worth ₹226.6 million, further cementing its reputation as a key player in advanced military technology exports. This order, part of a string of recent international wins, highlights Nibe’s growing influence in the global defence supply chain and its commitment to “Make in India” innovation.
 
Key Highlights:
 
Major Defence Export: Nibe has received a significant export order for the manufacture and supply of Universal Rocket Launchers, a sophisticated system with a range of up to 300 kilometers. This technology, being produced in India for the first time, is destined for a leading Israel-based original equipment manufacturer.
 
Strategic Milestone: The order not only represents a technological leap for Nibe but also marks a proud moment for India’s defence sector, reinforcing the country’s position as a reliable supplier of advanced weapon systems to international markets.
 
Execution Timeline: The company is expected to fulfill the contract by or before November 2027, demonstrating its capacity for timely delivery on large-scale, high-value defence projects.
 
Market Impact: The announcement has sparked investor enthusiasm, with Nibe shares hitting the upper circuit and showing strong performance on the BSE. The company’s stock has soared over 3,000% in the last three years, reflecting robust investor confidence.
 
Industry Leadership: Nibe’s focus on indigenous innovation and global collaborations continues to drive its growth, aligning with India’s Atmanirbhar Bharat vision and boosting the nation’s export capabilities in defence technology.
 
Sources: Economic Times, HDFC Sky, Equity Bulls

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