New Delhi: MC Balasubramaniam is set to be next Chairman & Managing Director (CMD) of Gliders India Limited, a PSU under the Ministry of Defence. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Friday. Presently, he is serving as General Manager at Ordnance Parachute Factory, Kanpur. Ordnance Parachute Factory is the main manufacturing facility of Gliders India.
Balasubramaniam has been recommended for the post of CMD of Gliders India Limited from a list of 10 candidates, who were interviewed by the PESB selection panel in its selection meeting held on September 13.
Gliders India Limited is an Indian state-owned defence company, headquartered at Ordnance Parachute Factory in Kanpur, India established in 2021 as part of the restructuring and corporatisation of the Ordnance Factory Board into seven different Public Sector Undertakings. It primarily manufactures military parachutes for the use of the Indian Armed Forces and foreign militaries and parachutes for aero-sport and emergency services.
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