HVF was initially set up at an outlay of Rs. 16 crores for the license manufacture of VIJAYANTA TANKs. The capacity was doubled with a total capital outlay of Rs. 27 crores. The augmentation capacity was completed in 1976-77. The important milestones in the development of HVF are as follows:
15th Mar 1961 |
Decision to manufacture Armoured Fighting Vehicles |
19th Apr 1961 |
Project Cell formed |
27th Oct 1961 |
Artisan Training School was set up at HVF |
29th Dec 1961 |
Laying of Foundation Stone for HVF |
29th Dec 1965 |
First Vijayantha Tank was rolled out by Shri YB Chavan, the then Defence Minister |
03rd Jul 1966 |
Formal Inauguration of the Factory by the then Prime Minister Late Smt.Indira Gandhi |
Oct 1967 |
Production of 1st Armoured Recovery Vehicle |
Jan 1972 |
Installation of 18 M 1401 H Computer in the factory |
01st Aug 1980 |
HVF was brought under the control of Ordnance Factory Board |
Oct 1980 |
Production of First SP 130 mm Gun |
27th Jul 1982 |
License Agreement for Transfer of Technology for T-72M and T-72MK with USSR |
Sep 1983 |
License agreement with Russia was concluded as Project Red Rose for Overhauling of T-72 Tanks in HVF. |
05th July 1984 |
HVF has come under the Administrative Control of Operating Member of OFB. The Headquarters for ‘A’ Veh is located at Avadi (AVHQ) as an extended Arm of OFB, Kolkata. |
06th Apr 1987 |
T-72 Project Sanctioned |
15th Jan 1988 |
Rolling out of 1st Ajeya Tank by the then Honorable Defence Minister Shri K.C.Pant |
31st Aug 1988 |
Civil works for T-72 Project completed |
22nd Mar 1992 |
First pre-production series of Arjun MBT rolled out of the factory |
Sep 1992 |
Two Prototypes of VRPs produced and design accepted by Army Over-hauling of T-72 Tanks started. |
15th Dec 2003 |
The balancing facility for conversion of T-72 (OE) into T-90 IM was sanctioned for manufacture of T-90 tanks [at] 100 p.a. |
07th Jan 2004 |
The first SKD T-90 (BHISHMA) Tank rolled out of HVF by the thenHonorable Shri O.Rajagopal, Minister of State for Defence Production & Supplies. |
07th Aug 2004 |
The first five MBT Arjun Tanks were rolled out at HVF, Avadi by the thenHonorable Defence Minister Shri. Pranab Mukherjee. |
24th Aug 2009 |
Rolling out of the first Indigenous T-90 tank |
14th Nov 2016 |
Rolling out of the first BLT T-72 tank |
28th Aug 2017 |
Rolling out of the first T-72 tank Trawl |
AREA - CAPITAL INVESTMENT
(i) Details of Factory & Land
The area of land under the custody of Factory and it’s estate are furnished below.
Description |
Area |
Total area within Factory |
282 Acres |
Total area of Estate |
981 Acres |
Description |
Value (in Cr) |
Building |
187.37 |
Plant & Machinery (as on 31/03/2019) |
992.00 |