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NIBE Inaugurates State-of-the-Art Defence Manufacturing in Pune

Written by: Team Angel OneUpdated on: Feb 7, 2025, 4:08 PM IST
NIBE inaugurated its advanced Missiles and Small Arms Complex in Pune, marking a key milestone in defence manufacturing. The stock hit an upper circuit at ₹1,660.30 on BSE.
NIBE Inaugurates State-of-the-Art Defence Manufacturing in Pune
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NIBE Limited, a key player in the defence manufacturing sector, has taken a significant step towards advancing India’s self-reliance in defence production. The company inaugurated its cutting-edge Missiles Complex and Precision Machining – Small Arms Complex in Pune. This event coincided with the celebration of NIBE’s Foundation Day, symbolising its continued commitment to innovation and excellence.

The grand inauguration ceremony witnessed the presence of prominent dignitaries, including Maharashtra’s Chief Minister, Shri Devendra Fadnavis, Deputy Chief Minister Shri Ajit Pawar, and other government officials. Industry leaders, including executives from Larsen & Toubro (L&T), were also in attendance.

Cutting-Edge Technology for Defence and Aerospace

The newly inaugurated facility is equipped with state-of-the-art Vertical Machining Centres (VMCs) with Computer Numerical Control (CNC). Some of the advanced machinery installed at the facility include:

  • Kairos V5 16000
  • BMV 50 and 60+ machines

These high-precision machines will enable NIBE Limited to manufacture critical components for small arms, such as Light Machine Guns (LMGs) and Assault Rifles, along with missiles and rocket launcher structures. The enhanced production capabilities are expected to contribute significantly to India’s defence and aerospace sectors.

NIBE Limited: A Growing Force in Defence Manufacturing

Founded in 2021, NIBE Limited has rapidly emerged as a key defence manufacturer, specialising in:

  • Critical Components for Defence and Aerospace, including structures and sub-assemblies
  • Missile systems, small arms, and electronic components
  • Projects such as Modular Bridges, Pinaka Launchers, and MRSAM Launchers

With a focus on domestic and international applications, the company aligns its operations with the Atmanirbhar Bharat initiative, reinforcing India’s self-reliance in defence production.

Stock Performance Reflects Market Sentiment

Following this significant development, NIBE Limited’s share price hit an upper circuit at ₹1,660.30 on the BSE during the trading session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Published on: Feb 7, 2025, 4:08 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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