In what is seen as the end of a chapter in India's military history, which began over 200 years ago during the British rule, Prime Minister Narendra Modi on Friday launched the seven new defence public-sector undertakings carved out of the Ordnance Factory Board (OFB).
The defence ministry had in September dissolved the OFB with effect from October 1 and transferred the OFB's employees, management, and assets to these seven PSUs. In other words, the OFB has now been corporatised. But, does what comes in OFB’s place move India towards greater self-reliance in defence? Will this structural change alone
The defence ministry had in September dissolved the OFB with effect from October 1 and transferred the OFB's employees, management, and assets to these seven PSUs. In other words, the OFB has now been corporatised. But, does what comes in OFB’s place move India towards greater self-reliance in defence? Will this structural change alone