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Ordinance factory boards dissolved into 7 new PSUs.

 

The government of India dissolves 41 Ordnance factory boards(OFB) into 7 new defence PSUs.



  • OFB is one of the oldest organisations in India, which is run by the GOI.
  • The First OFB was set up in West Bengal in 1712.
  • HQ of OFB is in Kolkata(WB).
  • OFB was the 37 largest equipment manufacturer in the world,2nd in Asia.
  • 7 new PSU(public sector undertaking) are- 1. Munitions India ltd. 2. Armoured vehicles Nigam lid. 3. Advance Weapons and Equipments India lid. 4. Troop comforts limited, 6. yatra India limited, 7. Gliders India limited.
  • The existing employee will work under new PSUs and will get equal or better working conditions and salaries.
  • 3 experts committees suggested this move in 2000,2005 and 2015.
  • 4th committee led by Lt. Gen. D. B. Shekatkar recommended this move in 2021. 
  • This move will tackle the quality and profit issues of OFB.  
  • This move is the corporatisation of OFBs into PSUs.
Location of Indian ordnance factories in India- 







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