qtech_logo_t

Ordnance Factories Production

The target for 2019-2020 for 41 Ordnance Factories was estimated as Rs 16850 Crores and, by the end of July, 33 percent of this should have been completed. However, a recent report indicates that the value of production up to July 31, 2019 was just 20 percent which is 39 percent less than the target. The value of issue (supply) to the Army is only 15 percent, which is 55 percent less than the target. As per the recent projections Army, orders are expected to be around Rs 11000 Crores per annum, and additional Rs 3500 Crores can be expected from the Navy, Air Force and MHA.

Comments are closed.