Munitions India
| Company type | Public Sector Undertaking |
|---|---|
| Industry | Defence Production |
| Predecessor | Ordnance Factory Board |
| Founded | 1 October 2021 |
| Headquarters | Ammunition Factory Khadki, , |
Key people | Sanjay Hazari (Chairman & Managing Director) Rakesh Ojha, (Director Operations) & (Director HR) |
| Products | |
| Owner | Government of India |
| Divisions |
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| Website | https://munitionsindia.in |
Munitions India Limited (MIL) is an Indian state-owned defence company, headquartered in Pune, India, established in 2021 as part of the restructuring and corporatisation of the Ordnance Factory Board into seven different Public Sector Undertakings. Munitions India primarily manufactures ammunition, explosives, rockets and bombs for the use of the Indian Armed Forces, foreign militaries and domestic civilian use.
The budget allocated for MIL has seen an increase in the 2020s. The defence PSU was allocated a budget of Rs 577 crore in FY2023, Rs 580 crore in FY2024 (RE), and Rs 745.45 crore in FY2025, the highest among the seven defence PSUs. This is a part of the infrastructure modernisation plan, and to increase the war reserves of the Indian Armed Forces to sustain long-drawn wars. The sum is to be invested in modernising equipment, increasing production capacity, and including new manufacturing lines for ammunition of 30mm and 40mm grenade launchers.