Raksha Mantri Rajnath Singh reviewed the working of the seven defence companies, carved out of erstwhile Ordnance Factory Board (OFB), at a meeting organised in New Delhi on September 30, 2022 to mark the completion of one year of their operations. The companies had commenced operations from October 01, 2021 before they were dedicated to the nation by Prime Minister Narendra Modi on the occasion of ‘Vijayadashami’ on October 15, 2021.
During the meeting, the Raksha Mantri was briefed by the officials of Department of Defence Production on the progress made by these new DPSUs in the last one year. Addressing the officers and employees of the seven companies virtually, Shri Rajnath Singh stated that the corporatisation of OFB was a major reform in the direction of making the country ‘Aatmanirbhar’ by unleashing the true potential of these entities. He appreciated the fact that these companies are moving smoothly on the path of progress with full autonomy, efficiency and accountability, while protecting the interests of its employees, which were the base on which the Government took the decision to corporatise OFB.
