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NIBE Limited Bags USD 17.52 Million Export Contract from Israel for Rocket Launchers.

Defence | Dated: 29 May 2025

In May 2025, Pune-based defence technology company NIBE Limited (formerly Kavita Fabrics Private Limited) secured a major export order worth USD 17.52 million (approximately Rs 1.5 billion) from a leading technology firm in Israel, with contract execution timeline until November 2027.

🎯 Key Highlights:

  • - The order involves the manufacturing and supply of Universal Rocket Launchers with a maximum strike range of 300 kilometers, marking the first time such advanced technology is being produced in India for the international market.
  • - This deal represents a significant milestone for both NIBE Limited and India’s defence manufacturing sector, reinforcing the Government of India’s commitment to the ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives by showcasing indigenous high-tech weapon capabilities.

💡 Other Important Facts:

  • (i) The Universal Rocket Launcher stands out as one of the most advanced systems globally, engineered for exceptional long-range accuracy and operational versatility, surpassing many existing international systems. It incorporates cutting-edge technology comparable to Israel’s Elbit Systems' Precise & Universal Launching System (PULS). Additionally, it supports the deployment of various rockets and munitions, with compatibility for advanced loitering munitions such as SkyStriker drones, which offer a strike range of over 100 km, making it highly adaptable for modern combat environments.
  • (ii) With a strike range of 300 km, these launchers serve as medium-range precision strike weapon systems, suitable for both defensive and offensive military operations in various theatres.
  • (iii) According to official Government of India data, defence exports reached Rs 23,622 crore in FY 2024-25, showing 12.04% growth over the previous year, while the government aims to achieve Rs 1.75 lakh crore in total defence production by 2025.

📚 Test Your Knowledge:

Which Indian defence company secured a USD 17.52 million export order from Israel in May 2025?

Correct Answer: NIBE Limited

🚀 Quick Recap:

About NIBE Limited

  • Managing Director (MD) : Ganesh Nibe
  • Headquarters : Pune