Nibe Limited, originally incorporated as Kavita Fabrics Limited in 2005, transitioned from a private to a public company in 2012 and was renamed in 2020. Initially focused on manufacturing synthetic fabrics using weaving technology, the company expanded its production capacity in Surat, Gujarat by installing additional jacquard power looms in 2008 and 2012. In 2020, following a significant share acquisition by Ganesh and Manjusha Nibe, the company shifted its focus toward the defense and clean energy sectors.
Currently, Nibe Limited specializes in the fabrication and machining of defense components, offering innovative products in the E-Vehicles Division and engaging in advanced lithium-ion battery research through the BVM R&D Foundation. This strategic pivot positions Nibe Limited as a significant player in sustainable transportation and clean energy solutions, with offerings that include eco-friendly e-bikes and rickshaws—a move that aligns with global trends toward efficiency and sustainability in transportation and energy.
