SIG SAUER and Nibe Defence Announce Joint Venture in India

SIG SAUER and Nibe Defence Announce Joint Venture in India

NEWINGTON, N.H., (November 8, 2024) – SIG SAUER, Inc. is excited to announce a joint venture with Nibe Defence and Aerospace Limited to advance small arms and ammunition manufacturing operations in India. This new partnership will support India’s ‘Make in India’ initiative, underscore both entities commitment to the region and bolster SIG SAUER’s role as the primary provider for India’s defence needs.

 

“SIG SAUER is meeting the increased international demand for our products by solidifying key partnerships across the globe,” began Ron Cohen, President, SIG SAUER. “This important new alliance in India serves to meet that demand in one of the most significant regions for growth in the coming decades. The joint venture with Nibe Defence gives SIG an expanded presence, greater customer engagement, and new collaboration opportunities to meet India’s growing needs.”

 

Officials from Nibe Defence joined representatives from SIG SAUER and the Chief of Defence Staff of the Indian Armed Forces for an official signing of a Memorandum of Understanding in Pune, India on November 6, 2024.

 

As part of the “Make in India” initiative by the Government of India to accelerate the domestic manufacturing industry, the collaboration between Nibe and SIG SAUER will strengthen India’s defence capabilities while reinforcing India’s commitment to self-reliant defence manufacturing.

 

The Government of India, Ministry of Defence first awarded SIG SAUER a contract for the SIG716 in 2019 for 72,400 rifles. The successful fielding and overwhelming soldier acceptance led to a follow-on award for an additional 73,000 rifles.

 

“SIG SAUER is excited to partner with Nibe Defence, a proven leader in India’s defence sector, as the primary provider for India’s defence needs,” concluded Cohen.

 

About SIG SAUER, Inc.

SIG SAUER, Inc. is a leading provider and manufacturer of firearms, electro-optics, ammunition, airguns, suppressors, remote controlled weapons stations, and training.  For over 250 years SIG SAUER, Inc. has evolved, and thrived, by blending American ingenuity, German engineering, and Swiss precision.  Today, SIG SAUER is synonymous with industry-leading quality and innovation which has made it the brand of choice amongst the U.S. Military, the global defense community, law enforcement, competitive shooters, hunters, and responsible citizens.  Additionally, SIG SAUER is the premier provider of elite firearms instruction and tactical training at the SIG SAUER Academy.  Headquartered in Newington, New Hampshire, SIG SAUER has over 3,400 employees across sixteen U.S. locations in three states, and four additional global facilities.  SIG SAUER is certified a Great Place to Work™. For more information about the company and product line visit: sigsauer.com.

 

About Nibe Defence and Aerospace Limited:

Nibe Defence and Aerospace Limited is a State of the Art, new Integrated Defence Components Manufacturing Plant in Chakan, Pune. The plant manufactures a wide spectrum of Critical Components catering to the Defence industry. The objective of Nibe Defence and Aerospace Limited is to strengthen strategic self-reliance under the Flagship Atma Nirbhar Bharat Initiative of the Honourable Prime Minister Shri. Narendra Modi. For more information about the company visit: nibelimited.com.

 

 

 

 

 

 

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