Reorganisation of OFB Units Into Defence PSUs Delivered Remarkable Results: Centre
The corporatisation reform of the Ordnance Factory Board (OFB), implemented in October 2021, has produced a major turnaround in India’s state-owned defence manufacturing ecosystem, according to figures released by the Ministry of Defence.The reform initiative saw 41 OFB production units — which had functioned for nearly two centuries as a unified department under the government — being
The corporatisation reform of the Ordnance Factory Board (OFB), implemented in October 2021, has produced a major turnaround in India’s state-owned defence manufacturing ecosystem, according to figures released by the Ministry of Defence.The reform initiative saw 41 OFB production units — which had functioned for nearly two centuries as a unified department under the government — being
Go to Source