FROM DEPARTMENT TO CORPORATION

41 factories under the OFB based in Kolkata Factories under a general manager, have limited powers to raise capital OFB does not provide balance sheets, profit and loss statements Colonial relic. Does not compete for orders, production or finance OFB boar

The government is finally setting the stage for reforming the OFB, which could bring corporatisation and greater efficiency

OFB NOW 1 2 3 4 OFB AFTER CORPORATISATION * 1 2 3 4

* As suggested by various MoD committees