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United Arab Emirates (UAE) has placed an order for 40,000 pieces of a component used in Bofors artillery guns from Indian state-run Ordnance Factory Board (OFB) for an estimated $36 million (232 crores).

 

Though the OFB started to export ammunition in 1989, the value of orders ranged between INR 30 crore and INR 35 crore, said other officials at the OFB, who asked not to be identified.

The UAE and several other countries are showing interest in goods manufactured by the OFB.

 

 

 

 

 

 

 

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