NIBE Group Inaugurates Defence Manufacturing Complex

NIBE Group inaugurated its advanced Defence Manufacturing Complex in Shirdi, Maharashtra, in the presence of Raksha Mantri and Chief Minister of Maharashtra. The complex will focus on advanced artillery systems, missile technologies, ammunition manufacturing, rocket systems, energetic materials, autonomous defence platforms, and space technologies. Key highlights included the unveiling of 'Suryastra,' India’s first indigenous 300 KM Universal Rocket Launching System, and successful trials of the 100 KM Loitering Munition 'Skystriker.' The complex is expected to generate over 3,000 direct jobs.