Mishra Dhatu Nigam Ltd (MIDHANI), signed Memorandum of Understanding (MoU) for the Financial Year 2017-18 with the Ministry of Defence. The annual MoU was signed by A K Gupta, IAS, Secretary, Defence Production, Government of India, on behalf of the Ministry of Defence and Dr. D. K. Likhi, C&MD, MIDHANI.
The MoU outlines targets and various performance parameters for the company. The revenue from operations as per the MoU has been targeted at Rs. 780 Cr. which is a significant improvement over the previous years.