India's ordnance factories have achieved unprecedented export orders of ₹3,500 crore in FY25, marking the highest amount since corporatisation

What does it consist of?
In October 2021, the government restructured 41 Ordnance Factory Board units into seven Defence Public Sector Undertakings (DPSUs).

Result:
Financial recovery: from a total loss of ₹2,844 crore (2019-20) → ₹625 crore gain (2022-23 & 2024-25).
Exports jumped from ₹81 crore in 2019-20 to ₹3,500 crore by 2024-25.
MIL became the leading performer, with three DPSUs (MIL, AVNL, IOL) receiving Miniratna Category-I status.
Importance:
Bolsters self-sufficiency (Atmanirbhar Bharat) in military manufacturing.
Enhances Make in India and defense exports.
Enhances productivity, marketability, and research and development funding.
Lowers reliance on imports and promotes strategic independence.

Spring chill returns as rain, thunderstorms sweep parts of India

Govt orders PNG households to surrender LPG connections as fuel supply risks rise

Custodial death sparks outrage in Tamil Nadu as dying declaration alleges ‘torture’

Netanyahu alive, says PM’s office as viral ‘AI glitch’ video sparks death rumors

Trump urges global naval push to reopen Strait of Hormuz as tensions with Iran disrupt oil route

Spring chill returns as rain, thunderstorms sweep parts of India

Govt orders PNG households to surrender LPG connections as fuel supply risks rise

Netanyahu alive, says PM’s office as viral ‘AI glitch’ video sparks death rumors

Trump urges global naval push to reopen Strait of Hormuz as tensions with Iran disrupt oil route

Iran threatens to turn US-linked oil sites into ‘ashes’ after Kharg strikes

Spring chill returns as rain, thunderstorms sweep parts of India

Govt orders PNG households to surrender LPG connections as fuel supply risks rise

Custodial death sparks outrage in Tamil Nadu as dying declaration alleges ‘torture’

Netanyahu alive, says PM’s office as viral ‘AI glitch’ video sparks death rumors

Trump urges global naval push to reopen Strait of Hormuz as tensions with Iran disrupt oil route

Spring chill returns as rain, thunderstorms sweep parts of India

Govt orders PNG households to surrender LPG connections as fuel supply risks rise

Netanyahu alive, says PM’s office as viral ‘AI glitch’ video sparks death rumors

Trump urges global naval push to reopen Strait of Hormuz as tensions with Iran disrupt oil route

Iran threatens to turn US-linked oil sites into ‘ashes’ after Kharg strikes
Copyright© educationpost.in 2024 All Rights Reserved.
Designed and Developed by @Pyndertech