Munitions India
Indian weapons production company
Indian weapons production company
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. 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 to MIL has increased in the 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, the highest among the seven defence PSUs. This is part of the infrastructure modernisation plan and aims 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.
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