India’s Top PSUs Recognised at the Dun & Bradstreet PSU and Government Summit 2023
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, recognized and felicitated the India’s Top Public Sector Undertakings (PSUs) on October 06, 2023 at the ‘Dun & Bradstreet PSU & Government Summit 2023’ (List of award winners below). Various government ministries and departments were recognized by Dun & Bradstreet for their achievements through various initiatives, schemes, and programs.
The central theme of the Summit was “Gearing for Amrit Kaal”, inspired by Government of India’s vision of a technology-driven and knowledge-based economy with strong public finances and a robust financial sector. The Summit served as a platform for exchanging ideas, insights, and best practices in the world of finance. It was graced by Guest of Honour, Dr. Vivek Joshi, IAS, Secretary – Department of Financial Services, Ministry of Finance, Government of India, and was attended by senior officials from the Government of India and its Ministries, departments, allied agencies, and other senior representatives of leading corporates.
Speaking at the summit, Avinash Gupta, Managing Director & CEO – India, Dun & Bradstreet said, “Dun & Bradstreet has been closely working with PSUs and Government entities such as ONDC, SIDBI, ASSOCHAM and various state governments, helping them transform the economy through data solutions, analytics, research and risk mitigation. We have observed that, after a long time, the growth mojo is back with Central PSUs. The standalone total income of CPSUs grew by ~33% as compared to 26% for Nifty 50 companies for FY22. Similarly, even profitability of CPSUs has been better as compared to the Nifty 50 companies. One out of six CPSUs have shown top-line CAGR growth of more than 20% during FY20 to FY22, and 25% have seen their net profits grow by more than 20%.”
Speaking on ESG being a key focus are for the vision of Amrit Kaal, Gupta said, “With sustainability emerging as one of the key focus segments globally, India has set its net-zero carbon emission targets by 2070 through ‘Panchamrit’ for climate action plan. India is well placed to lead the world when it comes to sustainable growth. However, we need to ensure that there is no dearth of funds to build low-carbon technologies to ensure smooth transition towards sustainable practices.”
Dun & Bradstreet also launched the 15th edition of the publication ‘India’s Top PSUs’ at the Summit. The publication lists top-performing Central & State Public Sector Enterprises, Scheduled Commercial Banks (SCBs), Public Sector insurance companies, Public Sector NBFCs/financial institutions, and special Government institutions incorporated under specific Government acts.
Full List of Winners for “India’s Top PSUs 2023”
| Sr. No. | Category | 2023 Winners |
| 1 | Coal (Central PSUs) | MAHANADI COALFIELDS LIMITED |
| 2 | Contract & Construction and Tech. Consultancy Services (Central PSUs) | RAIL VIKAS NIGAM LIMITED |
| 3 | Crude Oil (Central PSUs) | OIL AND NATURAL GAS CORPORATION LIMITED |
| 4 | Fertilizers (Central PSUs) | RASHTRIYA CHEMICALS AND FERTILIZERS LIMITED |
| 5 | Financial Services (Central PSUs) | REC LIMITED |
| 6 | Heavy & Medium Engineering – Defence (Central PSUs) | HINDUSTAN AERONAUTICS LIMITED |
| 7 | Heavy & Medium Engineering – Electronics & Machinery (Central PSUs) | BHARAT HEAVY ELECTRICALS LIMITED |
| 8 | Mining & Minerals (Central PSUs) | NMDC LIMITED |
| 9 | Non-ferrous Metals (Central PSUs) | NATIONAL ALUMINIUM COMPANY LIMITED |
| 10 | Petroleum (Refining & Marketing) (Central PSUs) | INDIAN OIL CORPORATION LIMITED |
| 11 | Power Generation – Conventional (Central PSUs) | NUCLEAR POWER CORPORATION OF INDIA LIMITED |
| 12 | Power Generation – Renewables (Central PSUs) | NHPC LIMITED |
| 13 | Power Transmission (Central PSUs) | POWER GRID CORPORATION OF INDIA LIMITED |
| 14 | Steel (Central PSUs) | STEEL AUTHORITY OF INDIA LIMITED |
| 15 | Telecommunication & Information Technology (Central PSUs) | RAILTEL CORPORATION OF INDIA LIMITED |
| 16 | Transport & Logistics Services – Rail (Central PSUs) | CONTAINER CORPORATION OF INDIA LIMITED |
| 17 | Banks (Asset size >4 Lac crores) | STATE BANK OF INDIA |
| 18 | Banks (Asset size <4 Lac crores) | CENTRAL BANK OF INDIA |
| 19 | General Insurance | THE NEW INDIA ASSURANCE COMPANY LIMITED |
| 20 | Best Maharatna | OIL AND NATURAL GAS CORPORATION LIMITED |
| 21 | Best Navratna | NMDC LIMITED |
| 22 | Best Miniratna | MANGALORE REFINERY AND PETROCHEMICALS LIMITED |
| 23 | Mining & Minerals (State PSUs) | ODISHA MINING CORPORATION LIMITED |
| 24 | Crude Oil (State PSUs) | GUJARAT STATE PETROLEUM CORPORATION LIMITED |
| 25 | Power Distribution (State PSUs) | MAHARASHTRA STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED |
| 26 | Power Generation (State PSUs) | TELANGANA STATE POWER GENERATION CORPORATION LIMITED |
| Felicitation | ||
| Initiative / Schemes / Mission | Ministry / Department | |
| 27 | Ayushman Bharat Pradhan Mantri Jan Arogya Yojana | MINISTRY OF HEALTH & FAMILY WELFARE |
| 28 | Jal Jeevan Mission | MINISTRY OF JALSHAKTI |
| 29 | Fast-tracking highway construction with sustainability and innovation | NATIONAL HIGHWAYS AUTHORITY OF INDIA |
| 30 | Open Network for Digital Commerce (ONDC) | DEPARTMENT FOR PROMOTION OF INDUSTRY & INTERNAL TRADE |
| 31 | National Data & Analytics Platform (NDAP) | NITI AAYOG |
| 32 | Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) | MINISTRY OF HEAVY INDUSTRIES |
| 33 | National Skill Development Corporation (NSDC) India set-up | MINISTRY OF SKILL DEVELOPMENT AND ENTREPRENEURSHIP |
| 34 | Revamping of credit guarantee scheme for micro and small enterprises | MINISTRY OF FINANCE |
About Dun & Bradstreet:
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit www.dnb.com.
Dun & Bradstreet Information Services India Pvt. Ltd. is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions across finance, risk, compliance, information technology and marketing. Working towards Government of India’s vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity.
India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses.
