Israeli company places order of ₹150 cr for rocket launchers from Indian defence company

An Indian company, NIBE Limited, which manufactures critical defence system, said it has received a receipt of export Purchase Order of nearly ₹150.62 crores from a technology-based company in Israel. "The order involves manufacturing and supply of Universal rocket launchers with a range capability of up to 300 km," the company said. Notably, indigenous weapons were used in Operation Sindoor.