Brahmand NewsPrevious Article
Brahmand NewsNext Article
Headlines

OFB targets Rs 1,000 crore exports in two years

Line Spacing+- AFont Size+- Print This Article

KOLKATA (PTI): Ordnance Factory Board (OFB) is targeting to export Rs 1,000 crore worth of defence ammunition products over the next two years, its chairman P K Srivastava said Thursday.

Last year, the state-run OFB's exports stood at Rs 250 crore, he said, adding that a deal of Rs 500 crore in the current fiscal would be finalised shortly.

For the first time, OFB has conducted a conference rpt conference for defence attaches with Indian embassies abroad to keep them updated on the products which it manufactures as also their export potential.

"There was never a thrust on exports even a decade back. But now, with the change in approach, we are pursuing the global market," Srivastava, also the Director General of Ordnance Factory (DGOF), said.

He said all the 41-odd ordnance factories were embracing technological advancements with focus on research and development.

Tags:

OFB  Export  Defence  
Line Spacing+- AFont Size+- Print Article

Other Related News

Countdown begins for launch of GSAT-29, weather still holds key

The 27-hour countdown began Tuesday for the launch of India's latest communication satellite GSAT-29 onboard the second developmental flight GSLV-MkIII D2 from the spaceport of Sriharikota Wednesday evening, subject to weather conditions, ISRO has said.

Upcoming Defence Exhibitions

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2018

Image Gallery