Indian Army Awards Rs 2.93 Billion Rocket Systems Contract

In a regulatory filing to the Bombay Stock Exchange and the National Stock Exchange, Nibe said it has entered into a supply contract with the Ministry of Defence for the manufacture and supply of ground equipment, accessories, electronic system packages and ammunition. The systems are designed for a Universal Rocket Launcher System capable of integrating multiple rocket types, including long-range variants with strike ranges of 150 km and 300 km. The contract value is inclusive of all applicable taxes and duties.

Nibe said the order reflects its role as a domestic defence manufacturer focused on developing critical systems and components to support India’s self-reliance in defence production.

According to sources, the order relates to the Israeli Precise and Universal Launching System (PULS) and is being executed under the Emergency Procurement route. Deliveries will be completed in tranches over a 12-month period.

The Emergency Procurement framework was introduced after the May 2020 standoff with the Chinese PLA to enable faster acquisition of equipment in situations of urgent operational necessity. The provision allows authorities to fast-track procurement, repairs and essential services required for preparedness during war-like situations, natural calamities and other emergencies. Financial approval powers for Emergency Procurement (Capital) up to Rs 3 billion rest with the Vice Chiefs of Staff of the Army, Navy and Air Force.

The procurement from Nibe aligns with the Indian Army’s broader effort to strengthen its rocket forces. In June 2025, reports highlighted plans to raise two additional regiments of the Pinaka Multi Barrel Rocket Launcher system. In artillery terms, a regiment comprises three batteries, with each battery operating six launchers.

India’s rocket artillery forms part of the Regiment of Artillery, raised in 1827, which is the second-largest arm of the Indian Army after the infantry. Often referred to as the “God of War”, the artillery plays a critical role in delivering deep and sustained firepower to counter enemy forces.