Ordnance Factory Board

• Seven new defence companies, carved out of Ordnance Factory Board (OFB), were dedicated to the Nation at a function organised by Ministry of Defence on the occasion of ‘Vijayadashami’ in New Delhi on October 15, 2021.


• To enhance functional autonomy, efficiency and unleash new growth potential & innovation, Government had decided to convert OFB from a Government Department into seven 100 per cent Government-owned corporate entities as a measure to improve self-reliance in the defence preparedness of the country.

• These companies have commenced business from October 01, 2021.

The seven new Defence companies are:
1. Munitions India Limited (MIL);

2. Armoured Vehicles Nigam Limited (AVANI);

3. Advanced Weapons and Equipment India Limited (AWE India);

4. Troop Comforts Limited (TCL) (Troop Comfort Items);

5. Yantra India Limited (YIL);

6. India Optel Limited (IOL) and

7. Gliders India Limited (GIL).


Mains Paper 3: Defence and Security

Prelims level: Ordnance Factory Board

Mains level: Read the newsfeed

Subscribe to Get Weekly updates

Get daily current affair video, detailed current affairs PPT for quick revision and Free One Liner PDF directly in your inbox. Subscribe now to get this month's one liner for FREE.