- Ordnance Factory Board (OFB), an industrial organisation, functioning under the Department of Defence Production of Ministry of Defence, Government of India (GoI), has become the 1st government entity to adopt centralized invoicing platform, TreDS (Trade Receivables electronic Discount System), under which a total of 41 OFBs adopted this platform , which would help smaller MSME (Micro, Small and Medium Enterprises) vendors access working capital easily.
