Addressing a long-pending reform, the Union Cabinet has approved a plan to corporatize the Ordnance Factory Board (OFB). Ordnance Factory Board (OFB) OFB consisting of the Indian Ordnance Factories is a government agency under the control of the department of defence production (DDP). It is engaged in research, development, production, testing, marketing and logistics of … Continue reading Ordinance Factory Board corporatization gets Cabinet approval