The Public Enterprises Selection Board (PESB) has announced a prestigious opportunity for accomplished executives to lead Armoured Vehicles Nigam Limited (AVNL), one of India’s most critical defence manufacturing enterprises. As a wholly-owned Schedule ‘A’ company under the Ministry of Defence, AVNL stands at the forefront of indigenous armoured vehicle production, offering a rare opportunity to shape India’s defence self-reliance agenda.
The position of Chairman & Managing Director (CMD) represents the highest executive responsibility within AVNL, with an attractive salary structure ranging from Rs. 200,000 to Rs. 370,000 per month (IDA) and a fixed tenure of 5 years. This role demands visionary leadership, strategic acumen, and proven experience in managing complex defence and heavy engineering operations.
Understanding AVNL: India’s Defence Manufacturing Powerhouse
Organizational Stature and Scope
AVNL operates as a strategic pillar in India’s defence manufacturing ecosystem, with a significant capital base and extensive operational footprint. The company maintains:
- Authorized Capital: Rs. 14,000 crores
- Paid-up Capital: Rs. 13,427.66 crores (as of March 31, 2025)
- Workforce: 10,358 employees on deemed deputation across five production facilities
- Organizational Headquarters: Avadi, Chennai, with registered office in Maharashtra
This substantial infrastructure reflects AVNL’s importance to India’s defence strategy and indigenous manufacturing capabilities.
Production Capabilities and Product Portfolio
AVNL’s manufacturing footprint spans five specialized production units:
- Engine Factory Avadi – Powertrain systems for armoured vehicles
- Heavy Vehicle Factory Avadi – Primary manufacturing hub for armoured platforms
- Machine Tool Prototype Factory Ambernath – Advanced tooling and prototyping capabilities
- Ordnance Factory Medak – Weapons and ordnance systems integration
- Vehicle Factory Jabalpur – Specialized vehicle platform manufacturing
The company’s product portfolio encompasses India’s most critical defence platforms:
- Main Battle Tanks (MBTs) – The backbone of modern ground forces
- Infantry Combat Vehicles (ICVs) – Including the BMP variants for troop mobility
- Mine Protected Vehicles (MPVs) – Specialized platforms for personnel protection
- Long Platform Trucks – Heavy logistics and transport capabilities
- Stallions and Trawls – Specialized engineering vehicles
- Advanced Engine Systems – Indigenous powertrain development
This diverse manufacturing capability positions AVNL not merely as a production facility, but as an innovation hub for India’s defence modernization strategy.
The Role: Scope and Strategic Responsibilities
Chief Executive Authority and Accountability
The Chairman & Managing Director serves as the Chief Executive Officer of AVNL, exercising comprehensive authority over all company operations while remaining accountable to the Board of Directors and the Government of India. This is not a figurehead position but a substantive executive role requiring hands-on leadership and strategic decision-making.
Primary Responsibilities
The CMD position encompasses several critical dimensions:
1. Strategic Stakeholder Liaison
The CMD must maintain proactive engagement with India’s entire defence ecosystem:
- Department of Defence Production, Ministry of Defence
- Defence Research & Development Organization (DRDO)
- Indian Armed Forces across Army, Navy, and Air Force service headquarters
- Defence customers and international collaborators
- State government authorities for production facility coordination
2. Operational Excellence and Corporate Governance
Ensuring AVNL functions efficiently across all five production units while achieving corporate objectives and performance parameters defined by the government. This includes maintaining the highest standards of financial management, operational safety, and compliance across a diverse, geographically dispersed workforce.
3. Mission-Critical Strategic Initiatives
The CMD bears responsibility for advancing AVNL’s core strategic agenda:
- Indigenization & Import Substitution: Reducing reliance on foreign technologies and components, ensuring India’s strategic autonomy in defence production
- Export Development: Enhancing international sales of armoured platforms to friendly nations, generating foreign exchange and demonstrating India’s manufacturing prowess
- Business Development & Marketing: Identifying new market opportunities and partnering with defence agencies and allied nations
- Production Modernization: Upgrading manufacturing facilities to meet contemporary technical standards and quality benchmarks
- Research & Development: Driving indigenous innovation in vehicle platforms, propulsion systems, and integrated combat capabilities
- Operational Excellence: Maintaining production efficiency, cost management, and delivery schedules on defence contracts
Leadership and Influence
Beyond tactical operations, the CMD must provide visionary leadership to accomplish AVNL’s Mission, Vision, and strategic Objectives. This requires the ability to inspire a workforce of over 10,000 employees, navigate complex government bureaucracy, coordinate across multiple services, and articulate the company’s contribution to India’s strategic defence posture.
Eligibility Criteria: Who Should Apply?
Age and Service Requirements
Applicants must be between 45 and 60 years of age at the time of advertisement (January 2, 2026), with differing requirements for internal (AVNL employees) and external candidates:
- Internal Candidates: Minimum 1 year of residual service before superannuation
- External Candidates: Minimum 3 years of residual service before superannuation
This ensures the selected leader has sufficient tenure to execute long-term strategic initiatives while adhering to retirement policies.
Employment Status Qualification
Applicants must hold regular, permanent employment in one of these organizations:
- Central Public Sector Enterprises (CPSE) – Including private directors on CPSE boards
- Central Government Group ‘A’ Officers – Including Armed Forces, All India Services, and officers from public sector banks or financial institutions
- State Public Sector Enterprises (SPSE) – With minimum annual turnover of Rs. 1,500 crores
- Private Sector Companies – With minimum annual turnover of Rs. 1,500 crores (preference given to listed companies)
Notably, contractual or ad-hoc employment is disqualifying. The role seeks candidates with proven tenure and stability within senior organizational structures.
Educational Qualifications
Candidates must possess at least one of these qualifications:
- Bachelor’s degree in Engineering
- Chartered Accountant (CA) designation
- Cost Accountant (Cost CA) designation
- Postgraduate degree in any field
- MBA or PGDIM from a reputable leading institute
This flexible qualification framework recognizes that strategic leadership may come from various professional backgrounds—engineering, finance, business management—reflecting the multifaceted nature of modern defence enterprises.
Professional Experience Requirements
The role demands substantial, proven experience in leadership contexts. Candidates must satisfy one of two pathways:
Pathway 1: General Leadership Experience (5 years minimum)
Cumulative experience of at least 5 years during the preceding 10 years in any of:
- Finance and Treasury Management
- Business Development and Market Expansion
- Production Planning and Operations
- Business Operations
- Marketing and Customer Relations
- Project Management
Pathway 2: HR/IR Leadership with Cross-Functional Exposure (8 years total)
- Minimum 5 years in core Human Resources, Industrial Relations, or Personnel Management
- Plus minimum 3 years (within the preceding 10 years) in Finance, Business Development, Production, Operations, Marketing, or Project Management
Sector-Specific Advantage: Candidates with prior experience in Defence, Heavy Engineering, or Medium Engineering sectors receive significant preference. Such experience is considered invaluable given AVNL’s specialized operational environment.
Compensation and Service Terms
Salary Structure
AVNL offers a competitive remuneration package scaled to applicant background:
For Central Public Sector Enterprise Candidates: Salary based on eligible pay scale and service history, with options ranging from Rs. 8,250 to Rs. 182,200+ depending on prior designation level.
For Government Officers (Group ‘A’ and equivalent): Appointment to the CMD position provides a salary of Rs. 200,000 to Rs. 370,000 per month (IDA scale).
For Private Sector and SPSE Candidates: Similar salary structure as government officers, reflecting the elevated nature of the CMD appointment.
The salary structure recognizes the seniority and responsibility of the position while maintaining government service norms and pay commission recommendations.
Service Duration and Security
- Fixed Tenure: 5 years from the date of joining
- Superannuation: Position terminates upon reaching 60 years of age or earlier if specified by government order
- Security: Appointment continues “until further orders,” providing stability for strategic execution
This tenure structure balances organizational continuity with flexibility for government to reassess leadership as circumstances evolve.
Application Process and Important Deadlines
Online Application Requirement
All applications must be submitted exclusively online through the PESB website at https://pesb.gov.in against the specific job description. Candidates have the option to:
- Submit the form entirely online, or
- Complete the form online, print it, and send via postal mail
Critical Deadlines:
| Milestone | Deadline |
|---|---|
| Application Submission Deadline | January 23, 2026, 3:00 PM IST |
| Nodal Officer Forwarding Deadline | February 2, 2026, 5:00 PM IST |
| Timeline from Advertisement | 30 days |
Important: No applications shall be entertained beyond the stipulated deadlines under any circumstances. Incomplete applications are automatically rejected.
Submission Channels by Applicant Category
The submission pathway varies by employment category:
Government Officers and Armed Forces: Submit through respective Cadre Controlling Authority
CPSE Employees:
- CMDs/MDs/Functional Directors: Through respective Administrative Ministry
- Below Board Level: Through the concerned CPSE directly
Public Sector Banks/Financial Institutions: Through Administrative Ministry/Department
State PSE Employees: Through State Administrative Secretary and respective Cadre Controlling Authority
Private Sector Candidates: Direct submission to PESB with required documentation
Required Documentation for Private Sector Candidates
Private sector applicants must submit comprehensive supporting documentation:
- Company Financial Records: Annual Reports for 3 preceding financial years (or URL links)
- Listing Status: Evidence of stock exchange listing (if applicable)
- Board Level Proof: Documentary evidence of current board-level appointment
- Educational Documents: Self-attested copies confirming age and qualifications
- Experience Details: Description of relevant positions held with specific responsibilities
Special Conditions and Undertakings
Immediate Absorption Requirement
Central Government Officers (including Armed Forces, All India Services, and Public Sector Banks/Financial Institutions staff) are eligible only on an immediate absorption basis. This means selected candidates must be available to join within the government’s defined timeline without notice period negotiations.
Debarment Provisions
AVNL takes appointment commitments seriously. Candidates who express unwillingness to join face significant professional consequences:
- Post-Interview Withdrawal: 2-year debarment from board-level CPSE positions (from interview date)
- Post-Offer Withdrawal: 2-year debarment from board-level CPSE positions (from offer date)
These debarment provisions apply across most categories and are non-negotiable. Candidates should only apply if genuinely committed to joining if selected.
Undertaking Requirement
As part of the application, candidates must provide a signed undertaking confirming their willingness to accept and join the position if selected. Applications lacking this undertaking are summarily rejected.
Evaluation and Selection Process
Selection Criteria
PESB reserves the right to shortlist applicants for interview based on:
- Alignment with extant government guidelines
- Comparative assessment against the eligibility matrix
- Relevance of experience to defence manufacturing and public sector operations
- Track record of achievement in prior roles
- Fit with AVNL’s strategic objectives
Vigilance Clearance
All applicants must be cleared from vigilance standpoint per DPE guidelines (latest OM dated October 28, 2025). This ensures the selected CMD maintains unimpeachable integrity and credibility. Cadre controlling authorities are responsible for forwarding only vigilance-cleared candidates, with prescribed proforma documentation attached to applications.
Interview Process
Selected candidates participate in formal interviews conducted by PESB. The interview process assesses:
- Strategic vision and understanding of defence manufacturing
- Leadership acumen and organizational management experience
- Financial stewardship and operational excellence
- Stakeholder management and diplomatic skills
- Decision-making under ambiguity and complexity
Why This Opportunity Matters
The AVNL CMD position represents far more than a senior appointment—it offers the opportunity to shape India’s defence manufacturing future at a critical historical moment.
Strategic Significance
As India focuses increasingly on “Make in India” and “Atmanirbhar Bharat” (self-reliant India), AVNL stands as a cornerstone of defence production independence. The incoming CMD will lead this mission during a period of enhanced defence spending and modernization initiatives.
Impact and Legacy
Successful execution in this role directly contributes to:
- National Security: Ensuring the armed forces have state-of-the-art indigenous armoured platforms
- Strategic Autonomy: Reducing dependence on foreign military imports and technology
- Economic Growth: Generating substantial export revenue and employment
- Technological Advancement: Driving indigenous innovation in heavy vehicle engineering
Career Pinnacle
For accomplished senior executives, the AVNL CMD role represents the highest level of responsibility achievable within India’s defence public sector—a position from which to influence strategic policy and shape institutional legacy.
Conclusion
The Chairman & Managing Director position at Armoured Vehicles Nigam Limited represents a unique convergence of opportunity, responsibility, and national significance. AVNL’s leadership vacancy offers accomplished professionals the chance to direct India’s premier defence manufacturing enterprise during a transformative period in Indian defence policy.
The rigorous eligibility criteria—requiring proven leadership in large organizations, strategic experience, and professional credentials—ensure that selected candidates possess the competency to manage a Rs. 14,000-crore enterprise with 10,000+ employees across multiple production facilities.
For eligible senior executives considering this opportunity, the application window closes on January 23, 2026. Those interested should carefully review all eligibility requirements, prepare comprehensive application materials, and submit through the appropriate channel via the PESB portal.
The selected CMD will have the unique opportunity to leave an indelible mark on India’s defence manufacturing trajectory while serving the nation’s highest security interests. For the right leader—one combining strategic vision, operational excellence, and unwavering commitment to national service—this role offers an unparalleled platform for professional impact and institutional legacy.
For more information and to apply, visit: https://pesb.gov.in
Applicant Queries: Contact Public Enterprises Selection Board, Public Sector Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi – 110003.


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