India Optel
India Optel Limited (IOL) is a government-owned defence company in India. It was created on 1 October 2021 when the Ordnance Factory Board was reorganized into seven public sector undertakings. IOL is headquartered at the OFIL Campus in Dehradun and is led by Chairman and Managing Director Shri Tushar Tripathi. The company operates three factories: Opto-Electronics Factory, Dehradun; Ordnance Factory, Chandigarh; and Ordnance Factory, Dehradun.
IOL manufactures electro-optical sensors, weapon sights, and communications equipment for the Indian Armed Forces and foreign militaries. Its revenue for FY 2020-21 was about Rs 691 crore. The Government of India owns the company.
In December 2025, India Optel signed a collaboration with Safran Electronics & Defense to produce the SIGMA 30N Digital Ring Laser Gyro Inertial Navigation System (used in artillery guns, air defense systems, missiles, and radars) and the CM3-MR Direct Firing Sight (for artillery guns and anti-drone systems). India Optel will oversee production, final assembly, testing, quality control, and complete life-cycle support to meet the Indian Army’s requirements.
This page was last edited on 3 February 2026, at 19:29 (CET).