NewzVille Desk
Defence Minister Rajnath Singh chaired a comprehensive review meeting of Defence Public Sector Undertakings (DPSUs) at the newly inaugurated DPSU Bhawan, World Trade Centre, Naoroji Nagar, New Delhi, on 10 November, 2025. The meeting witnessed the felicitation of four DPSUs – Munitions India Limited (MIL), Armoured Vehicles Nigam Limited (AVNL), India Optel Limited (IOL) and Hindustan Shipyard Limited (HSL) on being granted Miniratna (Category-I) status.
Addressing the gathering, Singh commended the DPSUs for their steadfast contribution to strengthening India’s defence manufacturing ecosystem and advancing the vision of a self-reliant India. “All our 16 DPSUs are serving as strong pillars of the country’s self-reliance. Their excellent performance in operations like Operation Sindoor testifies to the reliability and capability of our indigenous platforms,” he underlined, congratulating the organisations for their continued dedication and excellence.
Highlighting the sector’s remarkable performance, Rajnath Singh underlined that in the year 2024-25, India achieved defence production worth Rs 1.51 lakh crore, with DPSUs contributing 71.6% of the total. Defence exports reached Rs 6,695 crore, underscoring global confidence in India’s indigenous systems. “This clearly indicates that ‘Made in India’ defence products are gaining global respect,” he added.
Three major MoUs were exchanged among DPSUs, reflecting the spirit of collaboration and self-reliance. Hindustan Aeronautics Limited (HAL) and Bharat Dynamics Limited (BDL) signed MoUs with Yantra India Limited (YIL) to support its modernization efforts and establish a 10,000-ton Forging Press facility, a crucial step towards reducing import dependence for aluminium alloys used in the defence and aerospace sectors.
HAL has committed an interest-free advance of Rs 435 crore to YIL, while BDL will provide a sustained workload of up to 3,000 metric tonnes over ten years. The third MoU was signed for the creation of a Metal Bank at MIDHANI to ensure uninterrupted availability of critical raw materials for defence projects of national importance.
Minister of State, Defence Ministry Sanjay Seth, Secretary (Defence Production) Sanjeev Kumar, Chairman and Managing Directors of all DPSUs along with senior officials of Ministry of Defence were present on the occasion.
