The recognition marks GRSE’s third consecutive win at the Governance Now PSU IT Awards and highlights the organisation’s sustained focus on adopting advanced digital solutions across its operational and business domains. Earlier, GRSE had received the “Best Use of Emerging Technologies” Award in 2024, followed by the “Digital Transformation Excellence” Award in 2025.

The latest recognition underscores GRSE’s sustained efforts in leveraging advanced digital technologies to strengthen operational efficiency, optimize business processes and drive innovation across the organisation. The shipyard continues to align its digital transformation initiatives with the Government of India’s Digital India Vision, with focus on smart systems, automation, data-driven decision making and a future-ready workforce.

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The award was presented by S. P. Singh Baghel, Minister of State for Fisheries, Animal Husbandry and Dairying, at a ceremony held in New Delhi. The recognition highlights BEL’s consistent focus on board-level leadership, strategic governance, and sustainable business practices.

The award was received  by Prabha Goyal, Executive Director (National Marketing), along with Seema Yadav, General Manager (Quality), and Mohana M, Deputy General Manager (Corporate Communications).

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Shri Vagerwal brings decades of experience in defence production and strategic management. During his tenure at Munitions India Limited, he has overseen key initiatives in ammunition manufacturing, supply chain optimisation and operational efficiency. His elevation is expected to further strengthen Bharat Dynamics Limited’s production capacity and enhance its contribution to India’s defence preparedness.

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Yantra India Limited has recorded strong financial and operational growth, with sales increasing from ₹956.32 crore in the second half of FY 2021–22 to ₹3,108.79 crore in FY 2024–25. Its export performance has also shown a sharp rise, growing from zero exports in FY 2021–22 (H2) to ₹321.77 crore in FY 2024–25. The company’s diversified product portfolio includes carbon fibre composites, assemblies for medium and large calibre ammunition, armoured vehicles, artillery guns, main battle tanks, glass composites and aluminium alloys, strengthening India’s indigenous defence manufacturing capabilities.

With the Miniratna Category-I status, YIL’s Board has been empowered to approve capital expenditure of up to ₹500 crore for new projects, modernisation and procurement of equipment without prior government approval, enabling faster decision-making and accelerated growth. Yantra India Limited was formed on October 1, 2021, following the corporatisation of the erstwhile Ordnance Factory Board into seven new defence public sector undertakings to enhance efficiency, autonomy and innovation. YIL is a Schedule ‘A’ DPSU under the Department of Defence Production, and this decision further reinforces the Government’s vision of Aatmanirbhar Bharat by reducing import dependence and positioning India as a global hub for defence production.

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The Public Enterprises Selection Board (PESB) recommended the name of Shri Kota Ravi for the post of Chairman & Managing Director of Hindustan Aeronautics Limited (HAL).

Shri Kota Ravi, currently serving as Director (Operations) at HAL, was among several high-profile candidates interviewed for the position.

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