Leadership

Leadership

Leadership Production Unit History Social Responsibility Human Resources Vision Mission Directory Codes of Conduct

Chairman and Managing Director Director (Opertaions & HR) Director (Finance) Government Nominee Director

Shri M C Balasubramaniam

Chairman & Managing Director

and Addl. Charge Director (Operations & HR)

Shri MC Balasubramaniam took charge as the Chairman and Managing Director of Gliders India Limited (GIL) on 23.01.2025, a prominent DPSU in Defence manufacturing. Shri MC Balasubramaniam, a 1999 Batch IOFS Officer, started his professional journey on 03.01.2000 as Probationary Officer in the esteemed National Academy of Defence Production after completing B.Tech from the prestigious Central Leather Research Institute of India. Prior to joining as CMD/GIL, he was holding the charge of the General Manager of Ordnance Parachute Factory Kanpur, a unit under the aegis of Ministry of Defence.

Earlier, during his posting in Ordnance Equipment Factory Kanpur, Ordnance Clothing Factory Avadi and Ordnance Equipment Factory Hazratpur at various capacities, he played a pivotal role in the area of Operations, R&D, supply chain management, Marketing & Export, New Product Development, Quality Control, Strategic Planning, Finance & Accounts, Production, Administration, etc. In an illustrious career spanning over more than 25 years, he has a very diverse career profile ranging from manufacturing of various types of critical Parachutes, Inflatables, Troop Comforts Equipments, Extreme Cold Climate Gears, Technical Textiles etc. for Indian Armed Forces, MHA and exports.

Shri S P Patnaik

Director Finance & CFO

Shri Siba Prasad Patnaik has taken the charge of Director (Finance) at Gliders India Limited on April 2, 2025. He is Masters in Commerce, Associate member of Institute of Cost Accountants of India along with other additional qualifications. Mr. Patnaik brings with him over three decades of extensive experience in Power (Thermal, Hydro & Renewable) and Mining sectors and worked with majors like NLC India Ltd and THDC India Ltd, held various key roles in both corporate & project environments.

Before joining Gliders India Limited, Mr. Patnaik had served as the Chief General Manager (Finance) at NLC India Ltd, a Navratna Public Sector Enterprise. He has a wealth of hands-on experience in Corporate Accounts, Treasury Management, Taxation, Contracts Management, Project Evaluation etc. Mr. Patnaik was instrumental in implementing the Asset Management and Banking ERP modules at THDC India Ltd, a Miniratna Schedule-A Government of India Company. Additionally, he played a pivotal role in introducing market-based debt instruments for working capital facilities which replaced the traditional cash credit facilities, resulting in significant reductions in financing costs.

Mr. Patnaik also developed a robust financial model for renewable projects, enabling to participate and successfully win several RE Projects through competitive bidding. He also has successfully secured large financial closures for several projects.

Smt. Rolley Mahendra Varma

Deputy Director General (DDG) – Indigenization | Nominee Director

Smt Rolley Mahendra Varma is serving as Deputy Director General (DDG) – Indigenization in the Department of Defence Production, Ministry of Defence, Government of India. She joined IOFS cadre, M/o Defence, Ordnance Factory Board in the year 1994. She had served in various capacities in the M/o Defence, Ordnance Factory Board, Ministry of Information and Broadcasting, Central Vigilance Commission, Niti Aayog and Small Arms Factory, Kanpur. She has a vast and rich experience of over 32 years in wide array of fields like financial matters of employees, vigilance matters, functioning of media units, policy matters related to infrastructure connectivity and mobility, etc.