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Dun & Bradstreet, a leading global provider of business decisioning data and analytics, recognized the leading Public Sector Undertakings (PSUs) of India on September 29, 2022 at the 8th edition of ‘PSU Awards’. The theme of the event was ‘Transforming the Public Sector for a Digital Future’.
Dun and Bradstreet India presented 28 awards across various categories. This year, Dun & Bradstreet India also celebrated 20 companies that were incorporated before, or in the year 1947. The winners were selected by Dun & Bradstreet’s propriety model, based on several parameters including total income, profitability, and net worth, amongst others. The full list of winners can be found below.
The event also marked the launch of Dun & Bradstreet India’s annual publication 'India's Top PSUs 2022’, which is an initiative to recognize the important role that PSUs play in nation-building. The 14th edition of the publication profiles Central Public Sector Enterprises (CPSEs) which are a part of the Department of Public Enterprises (DPE) list, scheduled commercial banks (SCBs) from the public sector, public sector insurance companies, public sector NBFCs/financial institutions and special government institutions incorporated under specific government acts.
Speaking at the event, Avinash Gupta, Managing Director & CEO - India, Dun & Bradstreet said, “India has 225 operating Central PSUs across the country with a total financial investment of approximately 22 trillion rupees as of March 2021. They have provided employment to at least 1.3 million people (as at December 2021) and account for approximately 6% of the total market capitalization of BSE. CPSEs have been at the forefront of initiatives such as the AatmaNirbhar Bharat Abhiyan for capacity building, greater sustainability & resilience. In fact, CPSEs procurement from local MSMEs stands at 25% of the total procurement for FY’21.”
“Over the years, the PSUs have taken the lead in adopting the ‘Digital First’ policy to review their business operations, simplify processes, and optimize workflows, in sync with the advanced technological intervention. Various PSUs have embarked on this journey years ago by implementing digital transformation across their value chain. They have used technology as enabler to ensure business continuity, as well as manage the health and well-being of their employees and their families during COVID-19, all while ensuring uninterrupted supply to customers,” added Gupta.
Full List of Winners, Dun & Bradstreet India ‘PSU Awards 2022’
| Sr. No. | Sectors | Award Winner | |
| 1 | Coal | Mahanadi Coalfields Limited | |
| 2 | Contract & Construction and Tech. Consultancy Services | Rail Vikas Nigam Limited | |
| 3 | Crude Oil | Oil and Natural Gas Corporation Limited | |
| 4 | Fertilizers | Rashtriya Chemicals and Fertilizers Limited | |
| 5 | Financial Services | REC Limited | |
| 6 | Heavy & Medium Engineering | Hindustan Aeronautics Limited | |
| 7 | Other Minerals & Metals | NMDC Limited | |
| 8 | Petroleum (Refinery & Marketing) | Bharat Petroleum Corporation Limited | |
| 9 | Power Generation | NTPC Limited | |
| 10 | Power Transmission | Power Grid Corporation of India Limited | |
| 11 | Steel | Steel Authority of India Limited | |
| 12 | Chemicals & Pharmaceuticals | Brahmaputra Cracker & Polymer Limited | |
| 13 | Telecommunication & Information Technology | RailTel Corporation of India Limited | |
| 14 | Transport and Logistic Services | GAIL (India) Limited | |
| 15 | Banks | State Bank of India | |
| 16 | General Insurance | The New India Assurance Company Limited | |
| 17 | Overall Maharatna | Indian Oil Corporation Limited | |
| 18 | Overall Navratna | REC Limited | |
| 19 | Overall Miniratna | Indian Railway Finance Corporation Limited | |
| SPSUs Awards | |||
| 20 | Power Generation | Maharashtra State Power Generation Company Limited | |
| 21 | Power Transmission | U.P. Power Corporation Limited | |
| 22 | Coal | Odhisa Mining Corporation Limited | |
| 23 | Transport And Logistic Services | Gujarat Gas Limited | |
| Theme Based Awards | |||
| 24 | Corporate Social Responsibility | Oil and Natural Gas Corporation | |
| 25 | Environment and Sustainability | National Fertilizer Limited | |
| 26 | Skilling / Re-skilling | Small Industries Development Bank of India | |
| 27 | Aatma Nirbhar Bharat | IRCON International Limited | |
| 28 | Digital Transformation | Hindustan Petroleum Corporation Limited (Joint Award Winner) | |
| Garden Reach Shipbuilders & Engineers Limited (Joint Award Winner) | |||
| Felicitations | |||
| 1 | Digital initiative for Labour Welfare | e-Shram Portal (Ministry of Labour & Employment) | |
| 2 | Initiative for boosting 'Make in India' | Production Linked Incentive (Ministry of Finance) | |
| 3 | Global Initiative for Digital Payments | NPCI International Payments Ltd (Ministry of Finance) | |
| 4 | Digital Initiative for Public Health | e-Hospital Application (Ministry of Electronics and Information Technology) | |
| Milestone Felicitations for Amrit Mohatsav (for companies incorporated before or in the year 1947) | |||
| 1 | The Oriental Insurance Company Limited | ||
| 2 | UCO Bank | ||
| 3 | United India Insurance Company Limited | ||
| 4 | Indian Overseas Bank | ||
| 5 | Bank of Maharashtra | ||
| 6 | Mazagon Dock Shipbuilders Limited | ||
| 7 | Garden Reach Shipbuilders & Engineers Limited | ||
| 8 | Balmer Lawrie And Company Limited | ||
| 9 | Union Bank Of India | ||
| 10 | The New India Assurance Company Limited | ||
| 11 | Bridge & Roof Company (India) Limited | ||
| 12 | Andrew Yule & Company Limited | ||
| 13 | Central Bank of India | ||
| 14 | Bank of Baroda | ||
| 15 | Punjab & Sind Bank | ||
| 16 | Indian Bank | ||
| 17 | National Insurance Company Limited | ||
| 18 | Canara Bank | ||
| 19 | Bank of India | ||
| 20 | Punjab National Bank | ||
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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 Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions in