DPSU Yantra India Limited granted Miniratna Category-I status: MoD
Defence Minister Rajnath Singh has approved Miniratna Category-I status for Yantra India Limited (YIL), recognizing its significant progress and profitability since corporatisation. This upgrade grants YIL increased financial autonomy, allowing its board to approve capital expenditure up to Rs 500 crore without prior government sanction, fostering faster growth in defence production and exports.
Defence Minister Rajnath Singh has approved Miniratna Category-I status for Yantra India Limited (YIL), recognizing its significant progress and profitability since corporatisation. This upgrade grants YIL increased financial autonomy, allowing its board to approve capital expenditure up to Rs 500 crore without prior government sanction, fostering faster growth in defence production and exports.
