India, Feb. 2 -- The Government of India has issued a release:
Raksha Mantri Shri Rajnath Singh has approved the grant of 'Miniratna' Category-I status to Yantra India Limited (YIL). Congratulating the Defence Public Sector Undertaking (DPSU) for its transformation from a Government organisation to a profit-making corporate entity in a short span of about four years, Raksha Mantri expressed satisfaction over the initiatives taken by the management of the YIL to increase the turnover of the company, maximise indigenisation and meet other performance parameters for grant of Miniratna (Category-I) status.
The YIL has achieved significant milestones after inception, including stellar growth in sales from Rs 956.32 crore in 2021-22 (H2) to Rs ...