Private Sector Defence Boosted as Rajnath Singh Inaugurates Shirdi Complex and Suryastra Launcher
The manufacturing complex, established by Pune-based NIBE Limited, aims to strengthen self-reliance in ammunition production.
During the event, India's first 300-km range Universal Rocket Launching System named 'Suryastra' was formally flagged off.
The Suryastra rocket system has been co-developed by NIBE Limited in strategic technological partnership with Israel's Elbit Systems.
Exam Perspective: Signifies a massive leap in private sector integration within India's strategic defense ecosystem and indigenization of weapons.
Key Facts / Static GK
Shirdi is located in the Ahmednagar district of Maharashtra.
Practice Quiz — 25 May 2026
Q1. Which banking institution registered the highest target achievement of 288% under the Atal Pension Yojana (APY) mobilization campaign during the financial year 2025-26?
Q2. Under which statutory legislation did the Reserve Bank of India grant the final Prepaid Payment Instrument (PPI) issuer authorization to ZikZuk Technologies?
Q3. Which mathematical model is utilized to structure the benchmark of India's first exchange-traded weather derivatives contract 'RAINMUMBAI'?
Q4. Who has been appointed to chair the newly formed PFRDA committee tasked with exploring new asset classes to maximize returns under the National Pension System (NPS)?
Q5. Which of the following represents the largest infrastructure development approved under India's recent ₹2,600 crore allocation for the Chenab river basin?
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