About Us, Armoured Vehicles Nigam Limited, India

ARMOURED VEHICLES NIGAM LIMITED (AVNL) is one of the DPSUs formed consequent to the decision of Government of India to convert Ordnance Factory Board into
07 fully owned Government Corporate Entities.

AVNL comprises of 05 Manufacturing Units and 03 Non-Production units. AVNL has been registered by Ministry of Corporate Affairs on 14th August, 2021, under
Company's Act of 2013.

About AVNL (15.9 MB)

Corporate Governance

Corporate governance is the system of rules, policies, practices, processes and above all principles by which a Company is directed and controlled. While acknowledging
the primacy of the shareholders, corporate governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, customers,
suppliers, financiers, the government, and the community. The basic principles of corporate governance are accountability, transparency, fairness, and responsibility.
Good corporate governance helps to build an environment of trust, transparency and accountability necessary for fostering long-term investment, financial stability and
business integrity, ethical behaviour thereby supporting stronger growth and more inclusive societies.

Vision and Mission

Vision

To strive to be a world class Armoured Vehicles Manufacturer and a trusted Global Brand for domestic and International Customers

Mission

To be a prominent patron of Atma Nirbhar Bharat Abhiyan and Make In India Initiative in the Defence Sector.
To establish and retain leadership in domestic market as the most reliable and preferred partner of our Defence and Homeland Security agencies and develop the group into an international class defence conglomerate.
To create and strengthen Brand AVANI by providing superior value for money and exceeding the expectation of all Stakeholders
To be a system integrator of state-of-the-art technology and engineering solutions in the field of military mobility for our existing and potential customers. To be a learning organisation with global competencies, committed to creativity and innovation.