Brahmand NewsPrevious Article
Brahmand NewsNext Article
Headlines
student competition 2020

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

Disengagement process not yet complete in eastern Ladakh: India, days after China claim

India on Thursday said disengagement of troops in eastern Ladakh has not yet been completed, two days after China claimed that the process was completed at most locations in the region.

Upcoming Defence Exhibitions

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2020

Brahmand World Defence Update

Image Gallery