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Ordnance Factory Board (OFB) Adopts Technology Partner Route to Modernisation

In the last three years seven global Expression of Interests (EoIs) were floated by the Ordnance Factory Board (OFB). OFB is engaged in production of items for Indian Defence Forces and Security Forces. To keep pace with technological developments and enter into new business areas to align with core strength, OFB needs to acquire new and advanced technologies through Transfer of Technology (ToT), co production or collaboration agreements with suitable technology partners says the ministry.  Some of the important ones and their progress was outlined by the Ministry of Defence in a reply to a question in the parliament summarized as below........................... [500 Words]

 

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Helpline 1090