India’s Top PSUs 2019
28 Share of SOEs procuring from MSMEs 67% 41% 33% 59% FY16 FY18 <=20% Above 20% No of companies = 129 No of companies = 164 PROCUREMENT A strong MSME eco-system would be critical to achieve a US$ 5 tn economy. SOEs have been helping in strengthening the capabilities of MSMEs through backward and forward linkages, collaboration and competition. Around 60% of SOEs who reported their data in FY18, procured more than 20% from MSMEs in 2018. Now with increased target of 25% procurement from MSMEs, the expectations from SOEs has increased Source: Department Of Public Enterprises PREPARE The adaptability of the 4 th industrial revolution will depend on all stakeholders, including the government. India’s improvement in rank of 21 in 2018 from 26 in 2017 among 135 countries in the parameter ‘Future Orientation of the Government’ indicates a supportive environment Source: World Bank, Global Competitiveness Index 0 10 20 30 40 50 60 70 80 90 Singapore United States Saudi Arabia Oman Malaysia Finland Germany New Zealand Sweden Denmark India Malta United Kingdom Tajikistan Canada Iceland Seychelles Australia Gambia, The Kazakhstan Ghana Senegal Tanzania France Korea, Rep. Jordan Pakistan Chile Egypt Uganda Armenia Georgia Côte d'Ivoire Taiwan, China Burkina Faso Bangladesh Uruguay Viet Nam Philippines Benin Serbia Argentina Slovenia Cambodia Spain Liberia Romania Mali Iran, Islamic Rep. Dominican Republic Czech Republic Colombia Kyrgyz Republic Malawi Peru Latvia Paraguay Ukraine Mozambique Trinidad and Tobago Nigeria Guatemala Italy Congo, Democratic Rep. Brazil Haiti Croatia Mauritania El Salvador Venezuela Score Future orientation of the government score (100 is best 0 is worst)
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