NIBE has entered into a Business Agreement with Thales USA, for designer, manufacturer, installer and supplier of MM- 7000 TACAN equipment and other services to Indian Navy.
Earlier, the company had entered into a Licensing Agreement with Vehicles Research & Development Establishment (VRDE), Ahmednagar, Defence Research & Development Organisation (DRDO), Ministry of Defence, Government of India.
NIBE (Formerly known as Kavita fabrics) manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. These products are offered in various designs as per customer requirements.