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		<title>BEL signs MoU with MIL for Ammunition Exports</title>
		<link>https://imrmedia.in/bel-signs-mou-with-mil-for-ammunition-exports/</link>
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		<dc:creator><![CDATA[IMR Reporter]]></dc:creator>
		<pubDate>Thu, 15 Dec 2022 06:47:00 +0000</pubDate>
				<category><![CDATA[Air Force]]></category>
		<category><![CDATA[Army]]></category>
		<category><![CDATA[Defence Industry]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Modernisation]]></category>
		<category><![CDATA[Navy]]></category>
		<category><![CDATA[Production]]></category>
		<category><![CDATA[ammunition]]></category>
		<category><![CDATA[BEL]]></category>
		<category><![CDATA[defence exports]]></category>
		<category><![CDATA[defexpo]]></category>
		<category><![CDATA[DefExpo 2022]]></category>
		<category><![CDATA[MIL]]></category>
		<category><![CDATA[Munition India Ltd]]></category>
		<guid isPermaLink="false">https://imrmedia.in/?p=15881</guid>

					<description><![CDATA[<p>Navratna Defence PSU Bharat Electronics Ltd (BEL) signed an MoU with Munitions India Limited (MIL), a Defence PSU, to jointly address the requirements of Indian Defence and Export markets in the areas of Ammunition, Explosives and related systems. Bhanu Prakash Srivastava, Director (Other Units), BEL, and Mr S K Rout, Director (Operations), MIL, exchanged the [&#8230;]</p>
<p>The post <a href="https://imrmedia.in/bel-signs-mou-with-mil-for-ammunition-exports/">BEL signs MoU with MIL for Ammunition Exports</a> appeared first on <a href="https://imrmedia.in">IMR</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Navratna Defence PSU Bharat Electronics Ltd (BEL) signed an MoU with Munitions India Limited (MIL), a Defence PSU, to jointly address the requirements of Indian Defence and Export markets in the areas of Ammunition, Explosives and related systems.</p>



<p class="wp-block-paragraph">Bhanu Prakash Srivastava, Director (Other Units), BEL, and Mr S K Rout, Director (Operations), MIL, exchanged the MoU documents at Defexpo in the presence of Ravi Kant, CMD, MIL, Joydeep Majumder, Executive Director, BEL and other senior officers of BEL and MIL.</p>



<p class="wp-block-paragraph">The MoU aims at leveraging the complementary strengths and capabilities of BEL and MIL and strengthens the spirit of the Make In India initiative of Government of India, for achieving self-reliance in Defence Sector. The co-operation will enable the companies to&nbsp;&nbsp; jointly address the domestic and Export opportunities in the areas of Ammunition, Explosives and related systems and sub systems.</p>



<p class="wp-block-paragraph">MIL is a DPSU under Department of Defence Production, Ministry of Defence, Government of lndia. MIL, India&#8217;s largest manufacturer &amp; market leader, is engaged in the design, development and manufacture of various types of ammunition and explosives including Small, Medium and High Caliber ammunition, Mortars, Rockets, Hand Grenades, High Explosives, Propellants, Initiathe tory Compositions etc.</p>
<p>The post <a href="https://imrmedia.in/bel-signs-mou-with-mil-for-ammunition-exports/">BEL signs MoU with MIL for Ammunition Exports</a> appeared first on <a href="https://imrmedia.in">IMR</a>.</p>
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		<title>Munitions India Limited Achieved Exports of Rs 1,500 crore in One Year</title>
		<link>https://imrmedia.in/munitions-india-limited-achieved-exports-of-rs-1500-crore-in-one-year/</link>
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		<dc:creator><![CDATA[IMR Reporter]]></dc:creator>
		<pubDate>Sat, 15 Oct 2022 09:25:00 +0000</pubDate>
				<category><![CDATA[Defence Industry]]></category>
		<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Defence Public Sector Undertaking]]></category>
		<category><![CDATA[DPSU]]></category>
		<category><![CDATA[MIL]]></category>
		<category><![CDATA[Munitions India Limited]]></category>
		<category><![CDATA[Ordnance Factory Board]]></category>
		<guid isPermaLink="false">https://imrmedia.in/?p=15499</guid>

					<description><![CDATA[<p>The Pune-headquartered Defence Public Sector Undertaking (DPSU) Munitions India Limited, which oversees a network of 12 ordnance factories producing ammunition and explosives across the country, has received export orders to the tune of Rs 1,500 crore over the last year since its inception after the corporatisation of the Ordnance Factory Board (OFB), according to the [&#8230;]</p>
<p>The post <a href="https://imrmedia.in/munitions-india-limited-achieved-exports-of-rs-1500-crore-in-one-year/">Munitions India Limited Achieved Exports of Rs 1,500 crore in One Year</a> appeared first on <a href="https://imrmedia.in">IMR</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">The Pune-headquartered Defence Public Sector Undertaking (DPSU) Munitions India Limited, which oversees a network of 12 ordnance factories producing ammunition and explosives across the country, has received export orders to the tune of Rs 1,500 crore over the last year since its inception after the corporatisation of the Ordnance Factory Board (OFB), according to the defence ministry.</p>



<p class="wp-block-paragraph">With a notification issued on 1 October 2021, the Union government had announced the decision to dissolve the erstwhile OFB and constitute seven new DPSUs which would take over the operations of the 41 ordnance factories in the country and their allied facilities. Munitions India Limited (MIL), which is the largest among the seven DPSUs, took over the operations of the 12 factories involved in development, production, testing and marketing of ammunition and explosives for the armed forces and civilian entities.</p>



<p class="wp-block-paragraph">In end-September, Defence Minister Rajnath Singh reviewed the working of the seven DPSUs carved out of the OFB at a meeting organised in New Delhi to mark the completion of one year of their operations. The Defence Minister was briefed by the officials of Department of Defence Production on the progress made by these new DPSUs in the last one year and he also addressed the officers and employees of the seven companies virtually.</p>



<p class="wp-block-paragraph">Listing various achievements of these DPSUs over the first one year of their operations, MoD said in a press statement that MIL has obtained export orders worth more than Rs 1,500 crore for various types of ammunition in the last one year. Officials said among these orders, one single order was of Rs 500 crore, one of the largest ever export order of ammunition by any Indian entity. Without naming particular countries, the MIL has said, “Our foreign customers include countries located in North America, South America, Europe, Africa and Asia. The patronage we receive from our customers both in India and abroad reflects their faith in the quality of our products and services.”</p>



<p class="wp-block-paragraph">The MIL group of ordnance factories includes Ammunition Factory Khadki, Cordite Factory Aruvankadu, High Energy Projectile Factory Tiruchirapalli, High Explosive Factory Khadki, Ordnance Factory Bhandara, Ordnance Factory Bolangir, Ordnance Factory Chanda Chandrapur, Ordnance Factory Dehu Road, Ordnance Factory Itarsi, Ordnance Factory Khamaria, Ordnance Factory Nalanda and Ordnance Factory Varangaon.</p>



<p class="wp-block-paragraph">The 12 factories under the MIL are involved in production of small, medium and high calibre ammunition, mortars, rockets, hand grenades and also manufacturing of onitiatory explosives, propellants and explosives. The MoD said that MIL has also achieved a milestone as it successfully proof-fired new variants of Pinaka Rocket which is Pinaka Mk-I Extended Range and Dual Purpose Improvised Conventional Munitions (DPICM), which are specially designed warheads. MIL has also successfully developed 40 mm Under Barrel Grenade Launcher (UBGL) ammunition, 500 kilogram General Purpose Bomb and various Super Rapid Gun Mount SRGM and High Explosive Dual Purpose Ammunition.</p>
<p>The post <a href="https://imrmedia.in/munitions-india-limited-achieved-exports-of-rs-1500-crore-in-one-year/">Munitions India Limited Achieved Exports of Rs 1,500 crore in One Year</a> appeared first on <a href="https://imrmedia.in">IMR</a>.</p>
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