May 30, 2025 12:56 AM

Rajnath Singh approves Miniratna status to three Defence Public Sector Undertakings

Defence Minister Rajnath Singh has approved the grant of “Miniratna” status Category-I for Munitions India Limited (MIL), Armoured Vehicles Nigam Limited (AVNL) & India Optel Limited (IOL), the Ministry of Defence said in a statement on Thursday. The move comes amid the Centre’s larger effort to push indigenous defence manufacturing and enhance the autonomy and competitiveness of state-run defence firms. All three companies were carved out of the erstwhile Ordnance Factory Board (OFB)...