NIBE has received a purchase order from Elbit Systems Land (a leading global Israel based defence Technology Company) for a total consideration of $7,00,000 i.e. around Rs 6.12 crore for manufacturing and supply of GATR 70mm Guided Rocket (10km) parts. The order is to be executed by September, 2026.
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.