On August 14, 2021, the public limited union government firm Gliders India Limited was founded in Kanpur, Uttar Pradesh, India. Established in 2021 as part of the Ordnance Factory Board’s corporatization and restructuring into seven distinct Public Sector Undertakings, Gliders India Limited (GIL) is a state-owned defense business in India with its headquarters located at the Ordnance Parachute Factory in Kanpur. GIL primarily makes military parachutes for the use of the Indian Armed Forces and other militaries and parachutes for aero-sport and emergency services. It engages in defence accessories & components within the manufacturing sector.
Gliders India Limited Quick Overview
| Particular | Details |
| Company Name | Gliders India Limited (GIL) |
| Type | Public Sector Defence Manufacturing Company (Government of India PSU) |
| Industry | Defence Production – Parachutes & Related Equipment |
| Founded / Incorporated | 14 August 2021 (corporatised from Ordnance Factory Board) |
| Predecessor | Ordnance Factory Board – Ordnance Parachute Factory, Kanpur |
| Headquarters | Kanpur, Uttar Pradesh, India |
| Owner / Promoter | Government of India (Ministry of Defence) |
| Key People | M. C. Balasubramaniam (Chairman & MD); S. P. Patnaik (Director Finance) |
| Core Business | Manufacturing of parachutes, related defence equipment, floats & inflatables |
| Major Products / Services | Military parachutes (personnel, cargo, heavy-drop), aero-sport parachutes, emergency rescue systems, inflatable boats & floats |
| Manufacturing Facility | Ordnance Parachute Factory, Kanpur – primary production unit |
| Area Served | Indian Armed Forces, civil defence, exports & civilian outdoor markets |
| Authorized Capital | ₹1,000.00 crore |
| Paid-Up Capital | ₹647.34 crore |
| CIN | U17299UP2021GOI150733 |
| Market Position | Strategic defence PSU focused on indigenous parachute systems under Atmanirbhar Bharat |
| Notable Mentions | Its parachute fabric was used in symbolic national events such as the flag hoisted at the Ayodhya temple (Nov 2025) |
| Official Website | glidersindia.in |
Net Worth and Market Cap
Its authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 647.34 cr.
Corporate Leadership
Gliders India Limited was established on August 14, 2021. M. C Balasubramaniam, IOFS (Chairman & Managing Director), Sunil Date, IOFS (Director Operations & HR) and Surendra Dhapodkar, IOFS (Director Finance) are some of the key people of the company.
Overview of Services
The Ordnance Parachute Factory in Kanpur serves as GIL’s primary manufacturing site. Following the Ordnance Factory Board’s reorganization, Gliders India Limited (GIL), a Government of India PSU in the defense manufacturing sector, was established in August 2021. Headquartered in Kanpur, company specializes in creating parachutes and allied equipment for military, recreational and aerospace purposes, rescue, along with inflatable boats and floats.
Scale of Operations
It provides services to the Indian military, civil defense, exports, and outdoor civilian markets. In addition to supporting India’s strategic goals in defense self-reliance and exports under the Atmanirbhar Bharat program, the corporation runs the historic Ordnance Parachute Factory.
