Private Sector

Corporatisation of ordnance factories will unshackle defence manufacturing from its torpor

By Sujan R ChinoyAs part of its Atmanirbhar Bharat Abhiyan, GoI announced in May its decision to corporatise 41 ordnance factories (OFs) under the Ordnance Factory Board (OFB) to improve their autonomy, accountability and efficiency. Subsequently, the defence ministry floated a tender to invite bids by consultants to provide a detailed implementation roadmap, a move resisted by several trade unions.OFB’s current governance structure is a relic

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