New Delhi: E. R. Sheikh, a modernisation buff in the erstwhile Ordnance Factory Board (OFB), today took over as the first Director General of the Ordnance Directorate (Coordination and Services), an institution created as the successor to the disbanded OFB and following the corporatisation of its factories into […]
By N. C. Bipindra New Delhi: India today took the long-awaited decision to dismantle the British-era ordnance factories and to create seven new state-run corporate entities that will handle manufacturing of weapons for the armed forces. The ordnance factories corporatisation move has been initiated to bring in efficiency, […]
(Editor’s Note: Corrections in paragraph 3 and 4, to read the economic package as Rs 2,000,000 crore or Rs 20 trillion or $266 billion, and production target Rs 30,000 crore as $4 billion respectively.) By Ayaskant Das The Ordnance Factory Board (OFB) has fallen short of its production […]
By N. C. Bipindra New Delhi: In a clear indication of its strong will and intent to push ahead with the corporatisation of the state-run ordnance factories, India’s Narendra Modi government today set up a very powerful group of ministers headed by heavyweights such as Rajnath Singh and […]
New Delhi: India’s Ministry of Defence (MoD) today said it has begun talks with workers unions of ordnance factories to address their concerns over corporatisation plans announced by the government last year. A high-level officials committee of the Department of Defence Production has taken the initiative to have […]
New Delhi: India’s largest workers union, Bharatiya Mazdoor Sangh (Hindi, translates to Indian Labour Union), today said it will protest Jan. 3 the proposed corporatisation and disinvestment of the defence Public Sector Undertakings (PSUs) and state-owned industries, and has called for a stop to Foreign Direct Investments (FDIs). […]
New Delhi: India is trying to prevent its 164,000 employees of its 41 ordnance factories that manufacture weapons for its 1.4-million armed forces from going on a strike from August 20. The labour unions of the 41 ordnance factories had issued a notice to the Ordnance Factory Board […]
