Board of Directors
Shri Sanjay Hazari,
Chairman and Managing Director
Shri Sanjay Hazari is a seasoned and accomplished professional with over 35 years of extensive experience in the defence production sector. A distinguished officer of the 1989 batch of the Indian Ordnance Factories Service (IOFS), he has demonstrated exceptional leadership across diverse domains including production management, production planning, industrial engineering, general administration, procurement, and in-house research and development. He holds a degree in Electrical Engineering and has further enhanced his technical and managerial acumen through a range of specialized training programs. These include the Industrial Engineering Course from NITIE, Mumbai; CAD/CAM Introduction from CII, Bangalore; Statistical Methods & Applications from NIIT, Kolkata; and Modernisation & Project Management from NADP, Nagpur.
Throughout his illustrious career, Shri Hazari has made significant contributions to the Indian defence manufacturing ecosystem. He has held several key leadership positions where his strategic vision and operational expertise have played a pivotal role in enhancing efficiency, strengthening systems, and improving performance outcomes. As Deputy Director General (Ammunition) at the erstwhile Ordnance Factory Board (OFB) Headquarters, he was responsible for the planning and production activities of the Ammunition & Explosives (A&E) group of factories. His tenure in this role was marked by improved coordination and streamlined delivery across critical manufacturing units. In his role as General Manager (Operations) at the Corporate Office of Munitions India Limited (MIL), Shri Hazari oversaw production planning, target allocation, and the execution of in-house R&D activities for the entire MIL group of factories. His ability to drive innovation and ensure seamless integration of planning processes greatly contributed to the company’s production efficiency. Later, as Chief General Manager of Ammunition Factory Khadki (AFK), one of the premier defence production units, he played a crucial role in optimizing factory operations and enhancing overall performance metrics.
On 30th April 2025, Shri Sanjay Hazari assumed charge as the Chairman and Managing Director (CMD) of Munitions India Limited (MIL), a premier Defence Public Sector Enterprise under the Ministry of Defence. With his vast experience MIL aims to enhance operational capabilities. His visionary leadership comes at a pivotal time as the company advances towards modernization, global expansion, and greater self-reliance in strengthening India’s defence capabilities.
Shri Rakesh Ojha,
Director/Operations
Shri Rakesh Ojha is a Mechanical Engineer with Post Graduate qualification in M.Sc. (Gun System Design) from DCMT, Cranfield University, United Kingdom. He joined Indian Ordnance Factories Services in the year 1997.
During a career spanning more than 27 years, Shri Rakesh Ojha had worked in Defence Industry on broad spectrum of portfolios such as Production, Planning, Research and Development, Material Management, Business Development, to name a few. He acquired skills and know-how in Artillery Ammunition manufacturing, Production of Small Arms Ammunition and weapon systems. He is an alumni of ISB. He was a student of AMPOS-2024.
Shri Rakesh Ojha worked as Chief General Manager of Ordnance Factory Varangaon from Feb 2024 to Nov. 2024. This factory is engaged in production of 5.56mm & 7.62 mm small arms ammunition. During this period the factory achieved 100% committed target.
Shri Rakesh Ojha, took over as the Director/Operations of Munitions India Limited, Pune A Defence Public Sector Enterprise on 08th November, 2024.
The company comprising of 12 Ordnance Factories (Production Units) engaged in production of various types of ammunition and explosives and 03 Non Production Units spread over 5 States across the India.
Shri Nandkishor P Naik,
Director/Human Resources
Shri Nandkishor Prabhakar Naik is a seasoned professional with a rich and diverse background in Civil Engineering, Human Resources, and Management. He is a graduate in Civil Engineering and holds a Bachelor of Laws (LLB), a Certification in Human Resource Management from XLRI Jamshedpur, and a Diploma in Management. A distinguished officer of the 1995 batch of the Indian Ordnance Factories Service (IOFS), Shri Naik brings over 29 years of experience in public service.
Throughout his career, Shri Naik has made valuable contributions in a variety of fields, including Human Resources, Production, Planning, Procurement, and Civil Maintenance. His leadership and expertise have been instrumental in driving operational efficiencies and fostering workforce resilience within diverse organizational settings. Notably, Shri Naik served as Chief General Manager at CFA, where he played a crucial role in optimizing operations and improving overall performance.
On 5th February 2025, Shri Naik assumed the position of Director (HR) at Munitions India Limited, a premier Defence Public Enterprise. His appointment comes at a critical moment for the organization, with his wealth of experience and strategic vision positioned to enhance operational efficiency, strengthen workforce capabilities, and navigate challenges with resilience. Shri Naik's leadership is key to the on-going growth and success of Munitions India Limited as it continues to contribute to the national defence sector.
Shri Sagar A. Mudhole,
Director (Finance)
Shri Sagar A. Mudhole is presently serving as Director (Finance) at Munitions India Limited, having joined the organization on 25.02.2026. He is a highly accomplished finance professional with over 25 years of extensive experience in finance, taxation, policy formulation, and strategic management.
He possesses strong academic credentials, having secured First Rank with distinction in Bachelor of Commerce from Shivaji University, Kolhapur. He is also a qualified Chartered Accountant (CA) and Cost & Works Accountant (ICWA), reflecting his deep expertise in financial and cost management disciplines.
Over the course of his distinguished career, Shri Sagar A. Mudhole has gained rich experience across diverse domains including financial management, direct and indirect taxation, treasury operations, audit, ERP-SAP implementation, and policy development. Prior to joining Munitions India Limited, he held various key positions at Indian Oil Corporation Limited and has also served as Chief Financial Officer (CFO) at Indian Oil (Mauritius) Ltd.,Mauritius.
He has made significant contributions to national-level initiatives, including his involvement in the Government of India’s Direct Benefit Transfer (DBT) scheme, which was recognized in the Guinness World Records. He has also played a vital role in policy formulation related to petroleum pricing and GST, contributing to key reforms in the sector.
Being Tech-savvy, Shri Sagar A. Mudhole, has been instrumental in driving digital transformation and system improvements, including successful implementation and stabilization of ERP-SAP systems, automation of financial processes, and development of efficient control mechanisms. His initiatives have resulted in enhanced efficiency and value creation. Known for his strong leadership and team management skills, he has effectively handled large teams across multiple locations in India and abroad. His collaborative approach and strategic thinking have enabled him to deliver consistent results and contribute towards organizational excellence.
On 25 February 2026, Shri Sagar A. Mudhole took charge as Director (Finance) at Munitions India Limited, bringing extensive experience in finance, including budgeting, financial planning, and resource management. His focus on operational efficiency, strong financial governance, and strategic decision-making is expected to drive sustained growth and strengthen the organization’s contribution to the defence sector.
Shri Prakash Rajpurohit, IAS, Joint Secretary (DDP)
Government Nominee Director
Shri Prakash Rajpurohit, IAS (Rajasthan Cadre, 2010 Batch) is currently serving as Joint Secretary (Defence Industries Promotion) [JS(DIP)] in the Department of Defence Production, Ministry of Defence, Government of India, New Delhi. Shri Prakash Rajpurohit holds a B.Tech. degree in Electrical Engineering from IIT Delhi. Before joining the Ministry of Defence, he served as Director (Investment) in the Department of Economic Affairs, where he handled matters relating to international investment treaties and frameworks. In Government of Rajasthan , he has worked as Collector and District Magistrate in districts including Jaipur, Jodhpur and Ajmer, and as Commercial Tax Commissioner.



