- Defence Minister Rajnath Singh has approved granting 'Miniratna' Category-I status to Yantra India Limited.
- He congratulated Yantra India Limited on transforming from a government organization into a profit-making entity in approximately four years.
- Its sales increased from ₹956.32 crore in 2021-22 (second half) to ₹3,108.79 crore in FY 2024-25.
- Exports increased from zero in 2021-22 (second half) to ₹321.77 crore in FY 2024-25.
- Yantra India Limited manufactures carbon fiber composites and ammunition assembly products.
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- The company also manufactures assembly products for armoured vehicles, artillery guns, and main battle tanks.
- The Miniratna Category-I status allows the board to spend up to ₹500 crore on new projects without government approval.
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