New Delhi, May 24 -- NIBE Limited, a pioneering Indian manufacturer of critical defence systems, is pleased to announce the receipt of a significant export Purchase Order valued at USD 17.52 million from a globally renowned leading technology-based company in Israel.

The order involves the manufacturing and supply of Universal Rocket Launchers with a range capability of up to 300 kilometres - a highly advanced technology being produced in India for the first time for the global market.

This is a landmark achievement for NIBE Limited and a proud milestone for India's defence manufacturing sector. With this contract, we reaffirm our commitment to the Prime Minister's vision of 'Atmanirbhar Bharat' and Make in India, bringing world-class d...