India News | Armoured Vehicles Nigam Ltd in TN to Be Dedicated by PM on Oct 15
Get latest articles and stories on India at LatestLY. The newly formed Defence PSU, Armoured Vehicles Nigam Ltd in Avadi here, would be formally dedicated along with six other corporations that were established by splitting the Ordnance Factory Board, by Prime Minister Narendra Modi on Friday.
Chennai, Oct 14 (PTI) The newly formed Defence PSU, Armoured Vehicles Nigam Ltd in Avadi here, would be formally dedicated along with six other corporations that were established by splitting the Ordnance Factory Board, by Prime Minister Narendra Modi on Friday.
Armoured Vehicles Nigam Ltd (AVNL), which commenced operations on October 1 has world-class infrastructure and a state-of-the-art technology with 12,000 skilled workforce.
The five units of AVNL include -- Heavy Vehicles Factory, Engine Factory, Ordnance Factory, Vehicle Factory and Machine Tool Prototype Factory. With its headquarters in Avadi, the Armoured Vehicles Nigam Ltd would join virtually the launch ceremony along with other factories across the country tomorrow, an official release said on Thursday.
AVNL currently has an order book in excess of Rs 31,000 crore and the main products of AVNL include battle tanks, Infantry combat vehicles, military mobility solutions, engines and other accessories.
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The products are time tested and have served as the source of strength for the armed forces, paramilitary forces and home land security agencies.
The Mission of the AVNL is to be prominent patron of the Centre's 'Atma Nirbhar Bharat Abhiyan' and the 'Make in India' initiative in the Defence sector.
It would also work towards establishing and retaining leadership in domestic market as the most reliable and preferred partner to Defence and homeland security agencies, the release said.
The AVNL logo symbolises the potency, aspirations and ambitions of the new company and reflects the core strength of AVNL.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)