Raksha Mantri reviews working of seven defence companies, carved out of OFB, on completion of one year of operations.

Lauds them for recording profits while working with autonomy & accountability and protecting the interests of its employees.

Shri Rajnath Singh exhorts DPSUs to develop/adopt latest technologies to make India a global defence manufacturing hub.

Our aim is to achieve Rs 35,000 crore defence exports target by 2025; DPSUs must contribute to achieve the goal: RM.

Since their inception, these DPSUs have started exploring avenues to expand their business and had adopted an aggressive approach towards diversifying their customer base and product profile. During the last one year, the new companies have obtained domestic orders of more than Rs. 7,200 crore value. Some of the significant achievements of the new companies are enlisted below:

  • Munitions India Limited (MIL) has obtained export orders worth more than Rs 1,500 crore for various types of ammunition in last one year. Gliders India Limited (GIL) has also obtained orders for export of Parachutes.
  • Yantra India Limited (YIL) has made significant progress in product and customer diversification. This has helped them to get orders worth more than Rs. 300 Crores from non-defence market like Indian Railways.
  • Troop Comforts Limited (TCL) has developed items like Bullet Proof Jacket, Ballistic Helmets, ECWCS etc to enter a niche market and sustain its business in long run.
  • Armoured Vehicles Nigam Limited (AVNL) has developed a new variant of Mine Protected Vehicle designed for CRPF, which may be useful for other Armed Forces also.
  • Advanced Weapons & Equipment India Limited (AWEIL) has received an order for supply of JVPC carbines to Delhi Police.
  • Munitions India Limited (MIL) has been able to successfully proof fire new variants of Pinaka Rocket i.e., Pinaka Mk-I (Extended Range) and DPICM.
  • MIL has also successfully developed 40 mm UBGL ammunition, 500 Kg General Purpose Bomb and 76/62 SRGM HEDA Ammunition.
  • India Optel Limited (IOL) has developed Driver Night Sights for Tanks which is a first in terms of technology of Fusion Imaging.

 

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