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NIBE bags purchase orders worth Rs 79.63 crore

16 Aug 2024 Evaluate

NIBE has received two purchase orders from one of the leading Infra and Defence Company for supply of FCR Trailers and Shelters including surface treatment and Air Conditioning for a total consideration of Rs 79.63 crore (inclusive of all taxes and duties). The said order is expected to be completed in tranches on or before January 31, 2028.

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.


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