NIBE Limited has received Transfer of Technology (ToT) from Defence Research and Development Organisation (DRDO) for indigenous “Modular Bridging System”. This achievement reinforces NIBE’s commitment towards “Make in India” and “Atmanirbhar Bharat” initiatives of Government of India in the defence sector, NIBE Limited said in a release.
The Modular Bridging System is a state-of-the-art, mechanically launched mobile bridge developed by DRDO. It is a complex, multi-disciplinary engineering solution capable of rapidly deploying bridges up to 46 metre spans to enable crossing of tracked and wheeled vehicles.
The system is specially designed to meet the dynamic requirements of the Indian Armed Forces and other Government agencies (both Central and State). Under the terms of the technology transfer, Nibe Limited has been granted a licence to manufacture this critical system in India and sell it in specified licensing areas for 10 years. This includes exclusive rights to supply the system to the Indian Armed Forces and other central and state government agencies. Nibe Limited is fully committed to maintaining the highest standards of quality, precision and compliance in manufacturing modular bridging systems, ensuring timely and efficient support to the national security infrastructure
The product is targeted at the Indian Armed Forces as well as central and state government agencies, with DRDO set to provide comprehensive technical know-how and testing methodologies. NIBE aims to roll out the product within the next 24 months. The deal reflects a significant shift for NIBE, which traditionally operates in the electronic components and fabrication materials sector.
The company also offers consultancy and turnkey services for the design, supply, erection, testing, and commissioning of low- and medium-voltage power lines and substations. Despite this major defense development, NIBE reported a subdued financial performance in Q4 FY25. Its consolidated net profit fell by 30% year-on-year to Rs 7.64 crore, while total income dropped by 25.8% to Rs 113.64 crore. However, investor sentiment remained positive following the DRDO deal, with the company’s shares closing slightly higher at Rs 1,675.85 on Friday, June 6.
