NIBE’s subsidiary--Nibe Space has entered into a consortium with a leading Indian Company with aim to participate for projects related for establishing India’s sovereign Earth observation satellite constellation. This collaboration is for general understanding and both parties may enter into further agreements/contracts with regard to specific projects.
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.