Miniratna Status for Yantra India Limited | 09 Feb 2026

Why in News?

The Raksha Mantri, Rajnath Singh, approved the grant of Miniratna Category-I status to Yantra India Limited (YIL), a Defence Public Sector Undertaking (DPSU), marking a key milestone in its transformation from a government organisation into a profit-making corporate entity.  

Key Points: 

• Yantra India Limited (YIL):YIL was formed on 1 October 2021 after the corporatisation of the erstwhile Ordnance Factory Board (OFB) into seven new DPSUs to improve autonomy, efficiency and competitiveness in defence manufacturing. 
• Organisation Type: Schedule ‘A’ DPSU under the Department of Defence Production, Ministry of Defence (MoD). 
• Core Products: Carbon fibre composites, aluminium alloys, glass composites and assembly products for medium and large calibre ammunition, armoured vehicles, artillery guns and main battle tanks (MBTs). 
• Enhanced Autonomy and Powers: With the Miniratna Category-I tag, YIL’s Board of Directors can now independently approve capital expenditure proposals up to ₹500 crore without requiring prior approval from the government. 
• Promoting Aatmanirbhar Bharat:The move aligns with the Aatmanirbhar Bharat initiative to reduce import dependence, promote indigenous design and production capabilities, and strengthen the defence industrial base.