NIBE has secured a significant purchase order valued at ₹23.33 crores from one of India’s leading infrastructure and defence companies. The contract involves the supply of MIL12560 grade armor plates, widely used in defence applications for their superior ballistic protection capabilities. The order is classified as domestic and will be executed in multiple tranches, with full delivery scheduled by May 31, 2026.
This development strengthens NIBE’s position in the defence supply chain, highlighting its growing reputation as a reliable partner in delivering high-grade armored materials. The MIL12560 armor plate is a critical component in military and security infrastructure, and this order reaffirms the company’s technical capabilities and compliance with stringent defence standards.
The contract includes all applicable taxes and duties, contributing to a total consideration of ₹23.33 crores. NIBE’s growing footprint in the defence sector reflects its strategic focus on high-value, technology-driven manufacturing solutions tailored to India’s national security and infrastructure needs.
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