India has achieved a significant milestone in its defence export sector, with NIBE Ltd securing a $17.52 million contract from an Israeli firm for the supply of Universal Rocket Launchers. This marks a historic first for Indian defence exports, as the country steps into the global market with high-tech, long-range weaponry. The rocket launchers, capable of hitting targets up to 300 kilometers away, are among the most advanced in their class, designed to outperform existing global alternatives.
This deal is a major boost to the Make in India initiative, reinforcing India’s commitment to self-reliance in defence manufacturing. NIBE Ltd, a leading Indian defence technology company, has been at the forefront of developing, manufacturing, and integrating sophisticated defence systems. The contract not only strengthens India-Israel strategic ties but also enhances India’s position in modern warfare technology. Defence analysts view this as a game-changing moment, showcasing India’s ability to produce and export cutting-edge military equipment.
With this contract, India is making strides toward reducing its dependency on foreign defence imports while expanding its footprint in the global arms trade. The successful execution of this order will likely open doors for future collaborations and larger defence deals. As India continues to innovate and invest in indigenous defence technology, the country is poised to become a key player in the international defence market.