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PM Narendra Modi to address launch event of seven new defence companies on Friday

PM Narendra Modi to deal with launch occasion of seven new defence firms on Friday | Information

New Delhi: Prime Minister Narendra Modi will ship a video handle at an occasion organised by the Defence Ministry to dedicate seven new defence firms to the nation on the auspicious event of Vijayadashami on Friday, the PMO stated on Thursday.
Defence Minister Rajnath Singh and representatives from the defence business associations shall be current on the event.
Referring to the seven new defence firms, the Prime Minister’s Workplace (PMO) stated the federal government has determined to transform Ordnance Manufacturing facility Board from a division into seven absolutely government-owned company entities as a measure to enhance self-reliance within the nation’s defence preparedness.
This transfer will result in enhanced purposeful autonomy and effectivity and can unleash new development potential and innovation, it stated.
The seven new defence firms which were integrated are Munitions India Restricted (MIL), Armoured Automobiles Nigam Restricted (AVANI), Superior Weapons and Tools India Restricted (AWE India), Troop Comforts Restricted (TCL), Yantra India Restricted (YIL), India Optel Restricted (IOL) and Gliders India Restricted (GIL), the PMO stated.
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