- These PSUs were carved out of Ordnance Factory Board (OFB).
- These 7 PSUs are formed with the dissolution of the 200-year-old OFB from 1st Oct 2021.
- The 7 new defence PSUs are:
- (1) Munition India Ltd (2) Armoured Vehicles Nigam Ltd (3) Advanced Weapons and Equipment India Ltd (4) Troop Comforts Ltd (5) Yantra India Ltd (6) India Optel Ltd (7) Gliders India Ltd.
- The 70,000 employees of OFBs are shifted to these 7 new defence PSUs with no change in their service positions.
Published on October 18, 2021
Current Context: Prime Minister Narendra Modi dedicated seven new Defence PSUs.
Labels:
Defence
About us
Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.