Under emergency procurement powers, the Indian Army has signed a ₹293 crore contract with private defence manufacturer NIBE Limited, in collaboration with Israel, for the supply of an advanced long-range rocket launcher system with strike capabilities of 150 km and 300 km.

The acquisition will significantly enhance the Army’s deep-strike artillery firepower and operational reach.

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The development was confirmed by Pune-based defence manufacturer NIBE Limited in a letter to Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), on Friday (January 3, 2026). “The company has entered into a supply contract with Indian Army, Ministry of Defence, Government of India for manufacturing and supply of ground equipment, accessories, ESP and ammunition for universal rocket launcher system capable of integrating multiple rocket types including rockets striking at long ranges of 150 km and 300 km for a total consideration of ₹292.69 crore (inclusive of all taxes and duties),” the letter mentioned.

The system, Suryastra, is India’s first Made in India universal multi-calibre rocket launcher, capable of executing precision surface-to-surface strikes at ranges extending up to 300 km. Designed to engage multiple targets simultaneously at varying ranges, the system achieves a high degree of accuracy with a circular error probable (CEP) of less than five metres during trials. The same launcher is also capable of firing loitering munitions up to a range of 100 km, enhancing operational flexibility.