Rapid Fire
Miniratna Status for Yantra India Limited
- 05 Feb 2026
- 2 min read
Recently, the Defence Minister granted Miniratna Category-I status to Yantra India Limited, recognising its swift transformation into a profit-making Defence Public Sector Undertakings (DPSUs) within four years.
- About: Yantra India Limited is one of the seven new DPSUs created after the corporatisation of the erstwhile Ordnance Factory Board on 1st October 2021, and functions under the Department of Defence Production.
- Key Products: The company manufactures carbon fibre composites, glass composites, aluminium alloys, and assembly products for medium and large calibre ammunition, armoured vehicles, artillery guns and main battle tanks, placing it in critical defence production segments.
- Significance: The status empowers YIL’s Board to incur capital expenditure up to ₹500 crore on new projects, modernisation and equipment purchase without prior government approval, enabling faster decisions and accelerated expansion.
- Policy Integration: The approval reinforces the Aatmanirbhar Bharat vision by supporting indigenisation, reduced import dependence, higher defence exports, greater industry participation, and India’s emergence as a global defence manufacturing hub.
| Read more: Miniratna Status to 3 DPSUs |
