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Date: 2025-05-26 Category: Not Applicable State: Union Government Country: India

Raksha Mantri reviews performance of eight DPSUs in meeting with CMDs in New Delhi

Issued by Ministry of Defence · Not Applicable

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Executive Summary & Key Takeaways

On May 26, 2025, Defence Minister Rajnath Singh convened a review meeting with the CMDs of eight Defence Public Sector Undertakings (DPSUs) in New Delhi. The Minister lauded the defence industry, including DPSUs, for their contributions to India's defence preparedness, particularly during Operation Sindoor. He reiterated the government's commitment to strengthening the defence industrial base and enhancing the competitiveness of DPSUs. Given the current geopolitical climate, the Minister directed DPSUs to increase production utilizing the latest technologies and to prioritize research and development in emerging fields of modern warfare. Secretary Defence Production Sanjeev Kumar highlighted the strong performance of DPSUs, projecting a production value exceeding Rs 1,40,000 crore for FY 2024-25, with DPSUs contributing approximately 78%. While appreciating the increased production value, the Minister emphasized the importance of timely product delivery and increased export focus. Hindustan Aeronautics Limited (HAL) and Mazagon Dock Shipbuilders Limited (MDL) were congratulated on achieving Maharatna and Navratna status, respectively. The CMDs of the eight DPSUs presented interim dividend cheques totaling Rs 2,138 crore to the government for FY 2024-25.

Key Entities Referenced

Ministry of Defence: Government ministry responsible for defense. Raksha Mantri: The Defence Minister of India. In this context, referring to Shri Rajnath Singh. DPSUs: Defence Public Sector Undertakings; refers to government-owned defense manufacturing companies. New Delhi: The location of the meeting, the capital of India. Operation Sindoor: A defense operation in which DPSUs developed products to demonstrate India's defence preparedness. Rajnath Singh: The Raksha Mantri (Defence Minister) of India. PIB Delhi: Press Information Bureau, Delhi; the source of the information. South Block: Likely a government building in New Delhi, India, where the review meeting was held. May 26, 2025: Date of the review meeting. Indian Armed Forces: The military forces of India. Prime Minister Shri Narendra Modi: The Prime Minister of India. Secretary Defence Production Shri Sanjeev Kumar: The Secretary of Defence Production. Presented the growth statistics of the DPSUs. Financial Year 202425: Financial year for which the value of production is estimated. Hindustan Aeronautics Limited: A Defence Public Sector Undertaking that was awarded Maharatna status. HAL: Abbreviation for Hindustan Aeronautics Limited. Maharatna: A status awarded to certain Public Sector Undertakings in India. Mazagon Dock Shipbuilders Limited: A Defence Public Sector Undertaking that was awarded Navratna status. MDL: Abbreviation for Mazagon Dock Shipbuilders Limited. Navratna: A status awarded to certain Public Sector Undertakings in India. Bharat Electronics Limited: A Defence Public Sector Undertaking. Bharat Dynamics Limited: A Defence Public Sector Undertaking. Mishra DhatuNigam Limited: A Defence Public Sector Undertaking. MIDHANI: Abbreviation for Mishra DhatuNigam Limited. Garden Reach Shipbuilders and Engineers Limited: A Defence Public Sector Undertaking. GRSE: Abbreviation for Garden Reach Shipbuilders and Engineers Limited. Goa Shipyard Limited: A Defence Public Sector Undertaking. GSL: Abbreviation for Goa Shipyard Limited. BEML Limited: A Defence Public Sector Undertaking. VKSavvy: Likely the agency or system responsible for the document's release and identification.
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Ministry of Defence Raksha Mantri reviews performance of eight DPSUs in meeting with CMDs in New Delhi Lauds industry, including DPSUs, for developing products that demonstrated India’s defence preparedness during Operation Sindoor Exhorts DPSUs to enhance production on latest technologies with more R&D in emerging fields Govt is committed to strengthening the defence industrial base & enhancing the competitiveness of DPSUs: Shri Rajnath Singh Posted On: 26 MAY 2025 7:29PM by PIB Delhi Raksha Mantri Shri Rajnath Singh held a review meeting with CMDs of eight Defence Public Sector Undertakings (DPSUs) at South Block, New Delhi on May 26, 2025. Raksha Mantri commended the role of the entire defence industry, including DPSUs, in developing platforms and technologies that demonstrated the preparedness of the Indian Armed Forces during Operation Sindoor. He emphasised that the Government, led by Prime Minister Shri Narendra Modi, remains committed to strengthening the defence industrial base and enhancing the competitiveness of the DPSUs. In view of the prevailing geopolitical scenario and the recent developments, Shri Rajnath Singh directed the DPSUs to enhance their production on latest technologies with more focus on research and development in the emerging fields of modern warfare. During the meeting, Secretary (Defence Production) Shri Sanjeev Kumar presented the growth statistics of the DPSUs highlighting their steadfast performance. The value of production is poised to be more than Rs 1,40,000 crore for Financial Year 2024-25, out of which around 78% would be contributed by DPSUs. Raksha Mantri appreciated the increase in the value of production by DPSUs, however, exhorted them to focus on timely delivery of products to the Armed Forces as well as their other customers. He emphasised the role of DPSUs in increasing exports and directed them to increase their focus on better marketing of their products. Raksha Mantri congratulated Hindustan Aeronautics Limited (HAL) on getting the Maharatna status and Mazagon Dock Shipbuilders Limited (MDL) on getting the Navratna Status. CMDs of eight DPSUs - HAL, MDL, Bharat Electronics Limited, Bharat Dynamics Limited, Mishra DhatuNigam Limited (MIDHANI), Garden Reach Shipbuilders and Engineers Limited (GRSE), Goa Shipyard Limited (GSL) & BEML Limited - presented the cheques for interim dividend on equity shares held by the Government for Rs 2,138 crore for the Financial Year 2024-25. *** VK/Savvy (Release ID: 2131431)

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