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In a landmark development for India’s defence manufacturing sector, NIBE Ltd has secured a major export order worth USD 17.52 million (approximately ₹150.62 crore) from a leading Israeli technology firm. The contract involves the supply of Universal Rocket Launchers with a strike range of up to 300 kilometres—marking the first time such a long-range, high-precision system is being produced in India for global deployment. This achievement not only strengthens NIBE’s international footprint but also signals India’s growing prowess in high-end military exports.
Key Highlights from the Export Deal
- NIBE Ltd receives export order valued at USD 17.52 million (₹150.62 crore)
- Client: Renowned Israeli defence technology company
- Product: Universal Rocket Launchers with up to 300 km strike range
- First-of-its-kind Indian-made long-range rocket system for global markets
- Order aligns with India’s Atmanirbhar Bharat and defence export goals
About the Rocket System and Its Capabilities
The Universal Rocket Launcher developed by NIBE is among the most advanced in its class:
- Capable of launching a wide variety of munitions, including precision-guided rockets
- Strike range of up to 300 kilometres, comparable to global systems like Israel’s PULS
- Modular design allows integration with loitering munitions such as SkyStriker drones
- Designed for rapid deployment, high mobility, and battlefield adaptability
- Suitable for both conventional and asymmetric warfare scenarios
This system represents a leap in indigenous capability, offering performance on par with top-tier international alternatives.
Strategic Significance for India’s Defence Sector
The export order is a major boost to India’s defence manufacturing ambitions:
- Reinforces India’s transition from arms importer to competitive exporter
- Supports the government’s target of ₹1.75 lakh crore in defence production by 2025
- Adds to India’s FY25 defence export tally of ₹23,622 crore, up 12.04% year-on-year
- Enhances India’s reputation for producing scalable, modular, and battle-ready systems
- Strengthens bilateral defence ties between India and Israel
Defence analysts view this deal as a validation of India’s growing technological and industrial base in the global arms market.
About NIBE Ltd and Its Global Expansion
Headquartered in Pune, NIBE Ltd is a rising star in India’s private defence manufacturing ecosystem:
- Specializes in artillery systems, missile components, small arms, and advanced electronics
- Operates facilities across India including Bangalore, Shirdi, Chakan, and Delhi
- Publicly listed on the Bombay Stock Exchange
- Collaborates with global defence leaders like Elbit Systems for technology transfer
- Focused on innovation, precision engineering, and export readiness
The company’s ability to secure high-value international contracts reflects its growing credibility and strategic alignment with national defence goals.
Market Reaction and Industry Outlook
While NIBE Ltd remains under the radar for many retail investors, the export order has generated buzz in defence circles:
- Analysts expect the deal to boost revenue and margins in FY26
- The company’s expanding order book positions it for future growth and institutional interest
- The deal may pave the way for additional contracts from allied nations seeking cost-effective, high-performance systems
India’s defence sector is undergoing a transformation, and NIBE’s success story is emblematic of that shift.
Conclusion
NIBE Ltd’s ₹150 crore export order from Israel is more than a commercial win—it’s a strategic milestone for India’s defence manufacturing narrative. As the company prepares to deliver cutting-edge rocket systems to a global client, it also elevates India’s standing as a reliable, innovative, and competitive defence exporter. With technology, trust, and tactical capability on its side, NIBE is poised to play a pivotal role in shaping the future of India’s military-industrial complex.
Source: Economic Times
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