India, Feb. 3 -- Defence Minister Rajnath Singh has approved the grant of 'Miniratna' Category-I status to Yantra India Limited (YIL), a move that underscores the Government's continued commitment to the vision of Aatmanirbhar Bharat, officials said on Monday.

It is in line with the broader defence reforms, which aim to reduce import dependence, promote domestic defence production, encourage participation of Indian industry and position India as a global defence manufacturing hub, they said. It lays a strong focus on building indigenous capabilities in defence manufacturing, research and strategic technologies, the officials added.

"The Miniratna (Category-I) status empowers the Board of the YIL to incur capital expenditure on new proje...