Goodbye Ordnance Factory Board: A 220-year-journey ends

India OFB controls 41 factories and employs more than 70,000 people. Its annual turnover is approximately 19,000 crore rupees. All of these will be divided into seven defense public sector units (DPSU), wholly owned by the government. The seven successor DPSUs are:Indian munitionsArmored car NigamIndia’s advanced weapons and equipmentForce comfortYantra IndiaOptel, IndiaIndian gliderAll seven DPSUsContinue reading “Goodbye Ordnance Factory Board: A 220-year-journey ends”

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