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Defence Minister Rajnath Singh reviews the work of seven defence companies carved out of the Ordnance Factory Board on completion of one year of operations. ....
NEW DELHI, Sep 30: Defence Minister Rajnath Singh on Friday reviewed the working of the seven state-run defence companies which were carved out of the erstwhile Ordnance Factory Board (OFB). For 2022-23 fiscal, the seven new defence public sector undertakings (DPSUs) have projected cumulative sales target of around Rs 17,000 crore, which is significantly higher compared to previous achievements of erstwhile OFB, according to the Defence Ministry. The companies commenced operations from October 1 last year before they were dedicated […] ....
Get latest articles and stories on India at LatestLY. Defence Minister Rajnath Singh on Friday reviewed the working of the seven state-run defence companies which were carved out of the erstwhile Ordnance Factory Board (OFB). India News | Rajnath Reviews Functioning of 7 DPSUs Carved out of Ordnance Factory Board. ....