NIBE has entered into supply contract with Indian Army, Ministry of Defence, Government of India for manufacturing and supply of Ground Equipment, Accessories, ESP and Ammunition for Universal Rocket Launcher System capable of integrating multiple rocket types including rockets striking at long ranges of 150Km and 300Km for a total consideration of Rs 292.69 crore (inclusive of all taxes and duties).
The Company is engaged in the business of Fabrication and Machining of components used in Defence Sector.
