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Factories to Corp Entities: All About the 7 Defence Firms Carved Out of OFB by Modi

Prime Minister Narendra Modi on Friday dedicated seven new state-run defence firms replacing the Ordnance Factory Board and said that a single-window system has been put in place instead of stagnant policies to develop India as a major producer of defence equipment. The new companies are: Armoured Vehicles Nigam Limited, Munitions India Limited, Advanced Weapons and Equipment India Limited, Troop …

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More Trust, Transparency in Defence Sec Now, Goal is to Become World's Biggest Military Power: PM Modi

New Delhi: For the first time since Independence, many major reforms were rolled out in India’s defence sector and it has more transparency and trust than ever before, Prime Minister Narendra Modi said on Friday. After dedicating seven new state-run defence firms replacing the Ordnance Factory Board, the prime minister said a single-window system has been put in place instead …

PM Modi to launch 7 defence companies today

Prime Minister Narendra Modi will inaugurate seven new defence companies and dedicate them to the nation on the occasion of Vijayadashami around noon on Friday, the Prime Minister’s Office said on Thursday. The PMO stated that the government has decided to convert the Ordnance Factory Board from a department into seven fully government-owned corporate entities to improve self-reliance on the …

'More trust, transparency in defence sector than ever before': PM Modi

For the first time since Independence, many major reforms were rolled out in India's defence sector and it has more transparency and trust than ever before, Prime Minister Narendra Modi said on Friday. After dedicating seven new state-run defence firms replacing the Ordnance Factory Board, the prime minister said a single-window system has been put in place instead of stagnant …

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