Munitions India

Munitions India Limited
Company typePublic Sector Undertaking
IndustryDefence Production
PredecessorOrdnance Factory Board
Founded1 October 2021; 3 years ago (2021-10-01)
HeadquartersAmmunition Factory Khadki,
Pune
,
India
Key people
Debashish Banerjee, IOFS
(Chairman & Managing Director) & (Director Operations)

D Bannerjee, IOFS
(Director HR)

Prakash Agarwala, IOFS
(Director Finance)
Products
Ammunition, Explosives, Rockets
OwnerGovernment of India
Divisions
  • 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
  • Ordnance Factory Varangaon
Websitehttps://munitionsindia.in

Munitions India Limited (MIL) is an Indian state-owned defence company, headquartered in Pune, India, established in 2021 as part of the restructuring and corporatisation of the Ordnance Factory Board into seven different Public Sector Undertakings.[1][2][3] Munitions India primarily manufactures ammunition, explosives, rockets and bombs for the use of the Indian Armed Forces, foreign militaries and domestic civilian use.

The budget allocated for MIL has seen increase in 2020s. The defence PSU was allocated a budget of Rs 577 crore in FY2023, Rs. 580 crore in FY2024 (RE) and Rs 745.45 crore in FY2025, highest among the seven defence PSUs. This is a part of infrastructure modernisation plan and in order to increase the war reserves of the Indian Armed Forces to sustain long-drawn wars. The sum is to be invested in modernising equipment, increasing production capacity and including new manufacturing lines for ammunition of 30mm and 40mm grenade launchers.[4]

  1. ^ Roche, Elizabeth (15 October 2021). "New defence PSUs will help India become self-reliant: PM". mint. Retrieved 16 October 2021.
  2. ^ "Seven new defence companies, carved out of OFB, dedicated to the Nation on the occasion of Vijayadashami". Ministry of Defence (India). Press Information Bureau. 5 October 2021. Retrieved 16 October 2021.
  3. ^ Pubby, Manu (12 October 2021). "Modi to launch seven new PSUs this week, Defence Ministry approves Rs 65,000-crore orders". The Economic Times. Retrieved 16 October 2021.
  4. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).