Nibe Limited submitted a regulatory filing under SEBI Regulation 30 regarding the inauguration of its advanced defence manufacturing complex in Shirdi, Maharashtra. The event took place on May 23, 2026, and was attended by significant dignitaries including Shri Rajnath Singh (Raksha Mantri, Government of India) and Shri Devendra Fadnavis (Chief Minister of Maharashtra).
Facility Details and Capacity
The newly inaugurated integrated defence manufacturing complex represents a next-generation ecosystem with multiple specialized facilities:
- 155mm Ammunition Shell Manufacturing Plant with annual production capacity of 5 lakh shells
- Indigenous TNT Plant Technology
- Indigenous RDX Plant Technology
- Bio-CNG & Hydrogen Fuel Plant
- Space & Satellite Technologies capabilities
Product Launches and Demonstrations
The ceremony featured significant product unveilings:
- "Suryastra" - India's first indigenous 300 KM Universal Rocket Launching System, described as a major leap in long-range precision strike capabilities
- Successful trials demonstration of "Skystriker" 100 KM Loitering Munition
Employment Impact
The Shirdi Defence Manufacturing Complex is expected to generate more than 3,000 direct employment opportunities while creating an ecosystem for advanced defence manufacturing, innovation, and MSME collaboration.
Management Commentary and Government Response
Raksha Mantri Rajnath Singh praised NIBE Group's contribution to 'Make in India', noting the scale of expertise in defence equipment development and manufacturing that will "propel India into a completely new era of next generation defence weapons manufacturing."
Chief Minister Devendra Fadnavis emphasized Maharashtra's growing role in India's defence manufacturing ecosystem, specifically mentioning the defence corridor vision across Pune, Nagpur, Nashik, and Ahilyanagar regions.
Ganesh Nibe reiterated the company's commitment to supporting Aatmanirbhar Bharat by building world-class indigenous capabilities, reducing import dependency in critical defence sectors, and positioning India as a global defence manufacturing hub.