India’s Top PSUs 2019

3 Foreword Dun & Bradstreet is pleased to announce the release of the twelfth edition of its premier publication, ‘ India’s Top PSUs ’. The publication provides an overview about the financial performance of the country’s top public sector undertakings (PSUs) and serves as a comprehensive ready-reckoner about this segment. PSUs are significantly contributing to the country’s economic resurgence by playing a key role in critical areas of oil & gas, power, infrastructure, defence etc. Their strong workforce and vast network has managed to create long- term relationships with various stakeholders across the country. Further, their spectrum of CSR activities becomes very important for sustainable development for the country with a population of 1.3 billion. In short, PSUs are the key enablers of inclusive development of the economy that is aspiring to touch US$ 5 trillion by 2024. However, with rapidly changing business dynamics, these organisations have come under severe pressure due to increased competition from their private sector peers, and challenges related to productivity and efficiency. In an increasingly technology driven environment, these companies need to adopt technology solutions that not only enable them to align their organisation’s business needs but also help them achieve growth and efficiencies. They need to be flexible and agile in their approach and respond to the changing business needs through innovation, technology adoption and by deploying skilled workforce to name a few. For example, most PSUs will have large volume of data that has been collected for at least a decade. They can adopt innovative ways of analyzing customer preferences and tracking business performance, in order to take their enterprises to the next level of growth. Today, the PSUs are at a crossroad where they need to gain the competitive edge by reinventing themselves. With India as the fastest growing major economy, they can tap opportunities by leveraging on their existing strengths and adopting new strategies. The government is also taking several initiatives in terms of capital infusion, divestment, performance management and modernization to make the PSUs more competitive and thus strengthen Brand India. Dun & Bradstreet believes that by realigning their strategies they can reach to greater heights in the near future and help to strengthen Brand India. ‘ India’s Top PSUs 2019 ’ will be a valuable source of insights that will help in better understanding of the performance and achievements of PSUs. Dun & Bradstreet’s extensive reach will ensure that the publication receives the maximum exposure at the national and international level. We hope this publication is helpful and look forward to receive your feedback and suggestions. Pankaj Khanna Head – Learning & Economic Insights Group Dun & Bradstreet India