Miniratna Category-I status granted to Yantra India Limited (YIL)

Exam-focused facts from the 4 February 2026 current affairs briefing.

Key facts

Defence Minister Rajnath Singh approved Miniratna Category-I status for Yantra India Limited (YIL).
YIL can now incur capital expenditure up to ₹500 crore without government approval.
YIL's sales grew from ₹956.32 crore in 2021-22 (H2) to ₹3,108.79 crore in FY 2024-25.
YIL's exports rose from NIL in FY 2021-22 (H2) to ₹321.77 crore in FY 2024-25.
YIL was formed on 1 October 2021 from the corporatisation of the Ordnance Factory Board (OFB).
YIL is a Schedule 'A' Defence Public Sector Undertaking (DPSU) under the Department of Defence Production.