Brahmand NewsPrevious Article
Brahmand NewsNext Article
Headlines
  • US Senate passes USD 700 billion defence spending bill :-The US Senate has overwhelmingly approved the nearly USD 700 billion defence spending bill for 2018 which seeks to develop a strategy for Indo-US defence cooperation and adopts a tough approach on Pakistan's action against terror outfits like the Haqqani network and the LeT....
  • Beyond visual range missile Astra completes development phase:-The indigenously developed beyond visual range air-to-air missile -- Astra -- underwent a series of successful trials for four days over the Bay of Bengal, marking completion of its development phase....
  • MiG eyes deal to supply military jets to Navy:-Eyeing a multi-billion dollar contract from the Indian Navy for the supply of fighter aircraft, Russian military aviation firm MiG said it was not averse to the transfer of technology and joint development of MiG-29 K jets with Indian companies....
  • MADEX 2017:-MADEX 2017(International Maritime Defence Industry Exhibition)...

OFB aims to create self-sufficiency in defence production

Article
Line Spacing+- AFont Size+- Print This Article

KOLKATA (PTI): The Ordnance Factory Board (OFB) has drawn up plans to make India self-sufficient in production of arms and ammunition with the twin objectives of reducing imports and meeting nation's requirements.

"We are creating added capacities in the production of T-90 tanks and Pinaka rockets at the various ordnance factories", S K Chowrasia, member, OFB, said.

Chowrasia, who is slated to assume the office of chairman of the board from December one, told PTI that work was also on to create additional anti-tank ammunition capacity under Project Mango in technical collaboration with Russia.

The OFB had also started production of Bimodular Charge Systems (propellants) at its factory at Nalanda for high-calibre artillery guns, Dhanush and Bofors, with the objective to meet the country's demand, he said.

The country was facing a shortage in the availability of such propellants, he said.

Regarding exports, he said that the board had received an order from the UAE worth Rs 235 crore for the supply of 155 mm shells.

OFB had been exporting to the countries of South Asia, Indonesia, Germany and US and the approximate export turnover was Rs 50 crore.

"While we do export to some extent, the primary objective is to meet the nation's demand", he said on the occasion of Ordnance Factory Day.

This fiscal, the board was expected to register an approximate revenue of Rs 15,000 crore as against Rs 13,500 crore in the previous period.

The projected turnover next fiscal had been pegged at Rs 20,000 crore.

OFB had also undertaken designing of Future Infantry Combat Vehicle (FICV) for the Indian Army in collaboration with the IITs.

Tags:

OFB  Defence  Production  T 90  MBT  FICV  Indian Army  
Line Spacing+- AFont Size+- Print Article

Other Related News

Jaitley announces launch of production of HAL-designed LCH

Indian Defence Minister Arun Jaitley has announced the launch of the production of HAL-designed 5.8-tonne category Light Combat Helicopter (LCH). He also dedicated the company's "role changer" design upgrade programme of Hawk-I to the nation.

Upcoming Defence Exhibitions

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2017

Image Gallery