Delhi, 19th Dec 2024:
A meeting of Consultative Committee for the Ministry of Defence (MoD) under the chairmanship of Raksha Mantri Shri Rajnath Singh was held in New Delhi on December 17, 2024. The roles and functions of the new DPSUs, created post corporatisation of erstwhile Ordnance Factory Board, were deliberated upon during the meeting. The committee members were apprised on the financial figures, modernisation, capital expenditure, exports, new products developed and ongoing R&D projects.
Raksha Mantri appreciated the efforts taken by the new DPSUs in indigenisation of critical products, modernisation of production facilities and promotion of MSMEs. He appreciated the fact that post corporatisation, the new DPSUs have shown improvement in productivity and quality. There has been good progress in the sales and profit of these DPSUs in a very short span of time, he added.
Shri Rajnath Singh exuded confidence that the new DPSUs will carry forward modernisation & indigenisation, and will set new dimensions in quality, turnover, profitability and other financial parameters by incorporating world class technologies. “Our new DPSUs will make India ‘Aatmanirbhar’ in the field of defence production,” he said.
On the concerns and suggestions of some of the committee members on certain HR-related issues within the new DPSUs, Raksha Mantri assured them that all issues emanating from the corporatisation of DPSUs are being addressed adequately in consultation with all the stakeholders. He appreciated the suggestions, and said that these would be examined for implementation.
Raksha Rajya Mantri Shri Sanjay Seth, Chief of Defence Staff General Anil Chauhan, Secretary (Defence Production) Shri Sanjeev Kumar and other senior officers of MoD were present in the meeting.
