Private defence manufacturing comapany NIBE Limited signed a Technology Collaboration Agreement with Elbit Systems, a Israeli defence company for Advanced Universal Rocket Launcher manufacturing.

The partnership is aimed at manufacturing and supply of Universal Rocket Launcher (SURYA), which is a highly advanced defence system capable of engaging targets with precision over a range of up to 300 km.

This technology transfer will be the first time that such a sophisticated system will be produced in India, paving the way for both domestic and international markets, ANI reported

"The Universal Rocket Launcher is set to revolutionise modern warfare with its remarkable capabilities and performance, positioning NIBE Limited as a key player in the global defense sector," the company said in a release.

Elbit Land Systems, a division of Elbit Systems Ltd., is a global leader in the design, development, and integration of advanced land-based defense solutions. The company specialises in a wide range of platforms and technologies, including armored vehicles, artillery systems, unmanned ground vehicles, and combat vehicle modernisation and is known for its innovation, reliability, and battlefield-proven systems.