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PM Narendra Modi dedicates 7 new Defence PSUs to the nation

Sumit Arora Published On October 16th, 2021 Leave a comment

Prime Minister Narendra Modi dedicated seven new Defence PSUs, carved out of OFBs, to the nation. These 7 new companies have been formed following the dissolution of the 200-year-old Ordnance Factory Board (OFB) w.e.f October 01, 2021. Under the OFB there were 41 factories and 9 ancillary bodies.

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Now, these factories will be distributed among the seven newly created companies. Also, the 70,000 employees of these OFBs will be sent to the seven new entities, with no change in the service condition of the employees.

The seven new defence PSUs includes:

Munition India Ltd,
Armoured Vehicles Nigam Ltd
Advanced Weapons and Equipment India Ltd
Troop Comforts Ltd
Yantra India Ltd
India Optel Ltd
Gliders India Ltd

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.