MoU2 Jan 2024, 02:03 am
NIBE Ltd signs MOU with Munitions India Limited to develop new generation ammunition
AI Summary
NIBE Ltd has signed a Memorandum of Understanding (MOU) with Munitions India Limited (MIL) to develop new generation ammunition, upgrade the conventional ammunition and explore export opportunities for such products. The MOU is a significant development for the company and is in line with its growth strategy.,
Key Highlights
- NIBE Ltd signs MOU with Munitions India Limited
- Development of new generation ammunition
- Exploration of export opportunities