List of Top 10 Public Sector Undertakings In India - Check Company List, Industries, Examples

Top 10 Public Sector Undertakings In India: In India, Public Sector Undertakings are the Government owned companies defined under Section 2(45) of the Companies Act, 2013. In Public Sector Enterprises, the Government of India owns the paid share capital of 51% or more. Public sector undertakings (PSUs) play a major role in India's economic development. Public Sector Companies in India provide various services to the general public. PSUs create more job opportunities which will promote economic growth and this will increase the country's GDP. Public sector undertaking companies are from various departments like manufacturing, telecommunications, energy, mining, textile, defense, and transportation. Public sector undertakings in India are controlled by the Government designated Chairperson and General Manager. India faced major financial problems after Independence. New public sector companies were formed as a result of the Industrial Policy Resolution of 1956. Public sector companies are incorporated under the Companies Act, of 1956. These PSUs are popular for their size, market share, and economic impact. Here topics like public sector unit, public sector undertaking in India, public sector unit in India, psus meaning, public sector units, what is public sector unit, govt sector, public sector undertakings in Hindi, public sector undertakings banks, public sector undertakings upsc, public sector undertakings in india upsc, public sector unit means, public sector undertakings meaning, public sector undertakings in Tamilnadu, public sector units in India are discussed in detail.

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Best performing Public Sector Undertakings are named Miniratna, Navaratna, and Maharatna companies. Candidates can check the below link to learn about the list of Maharatna companies in India in detail.

Click the below provided link to download the Public Sector Undertakings PDF.

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What are Public Sector Enterprises?

Public Sector Enterprises also called Public Sector Undertakings are the business units owned, managed, and controlled by the central or state government. A public sector enterprise is defined as any commercial or industrial sector owned and managed by the government to increase social welfare and honor the public interest. 

Public sector enterprises include Nationalized private sector enterprises like Banks, LIC, and so on.

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Basic Characteristics of Public Sector Undertakings

The basic characteristics of the Public Sector Undertakings in India. They are explained in detail as follows,

  • Government Ownership and Management
  • Financed from Government Funds
  • Public Welfare
  • Public Utility Services
  • Public Accountability
  • Excessive Formalities

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Government Ownership and Management

Here the enterprises are owned and managed by the central or state government or a local authority. Public enterprises are either wholly owned by the government or they are partly owned by the government and partly by the private industrialists and the public. In some cases, control, management, and ownership are mainly with the government. For example, NTPC is established by the Central Government and a part of its capital is shared by the public.

Financed from Government Funds

These public enterprises receive capital from the Government Funds and the funds are made provision in the budget itself.

Public Welfare

Here public enterprises are not started on the profit motive. They mainly focus on providing service at reasonable prices. For example, IOC and GAIL provide petroleum and gas to the public at subsidized prices.

Public Utility Services

These public enterprises provide public utility services like transport, electricity, telecommunication, etc.

Public Accountability

Public enterprises are governed by the public policies formulated by the government and they are subject to the legislature.

Excessive Formalities

Public enterprises face excessive formalities in their operations as to government rules and regulations. 

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Forms of Public Enterprises

Here we have provided the forms of organisation used for the public sector enterprises in India. The forms are classified as,

  • Departmental Undertaking
  • Statutory (or Public) Corporation
  • Government Company

Departmental Undertaking:

This form is mainly used for the provision of essential services like railways, postal services, broadcasting, etc. These organizations work under the control of the ministry of the Government. They are financed and controlled by the government department. 

Statutory (or Public) Corporation:

A Statutory Corporation is a corporate body made by the Parliament or State Legislature by a special Act. This will describe its powers and functions. A statutory corporation is also known as a public corporation whose capital is fully owned by the government. 

Government Company:

A Government Company is a company that has a paid-up capital of 51 percent or more by the government. These companies are registered under the Companies Act.

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Types of Public Sector Enterprises

Public Sector Enterprises are classified into three types. They are as follows,

  • Central Public Sector Enterprises
  • Public Sector Banks
  • State Level Public Enterprises

Central Public Sector Enterprises

The Central Public Sector Enterprises (CPSEs) list is given below. Check the below details to know the complete details of Public Sector Undertakings example, Public Sector Undertakings company in India, Public Sector Undertaking in Tamilnadu, Public Sector Banks in India, Top 10 Public Sector companies in India, and list of Government companies in India.

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Schedule-wise List of Central Public Sector Enterprises

Schedule - A

  1. Airports Authority of India

  2. Advanced Weapons and Equipment India Limited

  3. Armoured Vehicles Nigam Limited

  4. BEML Limited

  5. Bharat Electronics Limited

  6. Bharat Heavy Electricals Limited

  7. Bharat Petroleum Corporation Limited

  8. Bharat Sanchar Nigam Limited

  9. Central Warehousing Corporation

  10. Coal India Limited

  11. Container Corporation of India Limited

  12. Dedicated Freight Corridor Corporation of India Limited

  13. Electronics Corporation of India Limited

  14. Engineers India Limited

  15. Fertilizers & Chemicals (Travancore) Limited

  16. Food Corporation of India

  17. GAIL (India) Limited

  18. Grid Controller of India Limited

  19. Heavy Engineering Corporation Limited

  20. Hindustan Aeronautics Limited

  21. Hindustan Copper Limited

  22. Hindustan Paper Corporation Limited

  23. Hindustan Petroleum Corporation Limited

  24. HMT Limited

  25. Housing & Urban Development Corporation Limited

  26. I T I Limited

  27. Indian Oil Corporation Limited

  28. IRCON International Limited

  29. Indian Railway Finance Corporation Limited

  30. Karmyogi Bharat

  31. KIOCL Limited

  32. Konkan Railway Corporation Limited

  33. Mahanagar Telephone Nigam Limited

  34. Mangalore Refinery & Petrochemicals Limited

  35. Mazagon Dock Shipbuilders Limited

  36. MECON Limited

  37. MMTC Limited

  38. MOIL Limited

  39. Mumbai Railway Vikas Corporation Limited

  40. Munitions India Limited

  41. National Aluminium Company Limited

  42. National Fertilizers Limited

  43. National Textiles Corporation Limited

  44. NBCC (India) Limited

  45. NewSpace India Limited

  46. NHPC Limited

  47. NLC India Limite

  48. NMDC Limited

  49. North Eastern Electric Power Corporation Limited

  50. NTPC Limited

  51. Numaligarh Refinery Limited

  52. Oil & Natural Gas Corporation Limited

  53. Oil India Limited

  54. ONGC Videsh Limited

  55. Power Finance Corporation Limited

  56. Power Grid Corporation of India Limited

  57. RITES Limited

  58. RailTel Corporation of India Limited

  59. Rail Vikas Nigam Limited

  60. Rashtriya Chemicals and Fertilizers Limited

  61. Rashtriya Ispat Nigam Limited

  62. Rural Electrification Corporation Limited

  63. Security Printing & Minting Corporation of India Limited

  64. Shipping Corporation of India Limited

  65. SJVN Limited

  66. Solar Energy Corporation of India Limited

  67. State Trading Corporation of India Limited

  68. Steel Authority of India Limited

  69. Telecommunications Consultants (India) Limited

  70. THDC India Limited

  71. Yantra India Limited

Schedule - B

  1. Andrew Yule & Company Limited

  2. Air India Assets Holding Company Limited

  3. Balmer Lawrie & Company Limited

  4. Bharat Coking Coal Limited

  5. Bharat Dynamics Limited

  6. Bharat Gas Resources Limited

  7. Bharat Petro Resources Limited

  8. Bharat Pumps & Compressors Limited

  9. Brahmaputra Crackers & Polymers Limited

  10. Brahmaputra Valley Fertilizer Corporation Limited

  11. Biotechnology Industry Research Assistance Council

  12. Braithwaite & Company Limited

  13. Bridge & Roof Company (India) Limited

  14. British India Corporation Limited

  15. Burn Standard Company Limited

  16. Cement Corporation of India Limited

  17. Central Coalfields Limited

  18. Central Electronics Limited

  19. Central Mine Planning & Design Institute Limited

  20. Chennai Petroleum Corporation Limited

  21. Cochin Shipyard Limited

  22. Cotton Corporation of India Limited

  23. Eastern Coalfields Limited

  24. Engineering Projects (India) Limited

  25. Fertilizer Corporation of India Limited

  26. Garden Reach Shipbuilders & Engineers Limited

  27. Gliders India Limited

  28. Goa Shipyard Limited

  29. Handicrafts & Handlooms Export Corporation Limited

  30. Hindustan Cables Limited

  31. Hindustan Fertilizer Corporation Limited

  32. HLL Lifecare Limited

  33. Hindustan Organic Chemicals Limited

  34. Hindustan Shipyard Limited

  35. Hindustan Steelworks Construction Company Limited

  36. HMT (International) Limited

  37. HMT Machine Tools Limited

  38. HMT Watches Limited

  39. India Optel Limited

  40. India Tourism Development Corporation Limited

  41. India Trade Promotion Organization

  42. Indian Drugs & Pharmaceuticals Limited

  43. Indian Railway Catering & Tourism Corporation Limited

  44. Indian Rare Earths Limited

  45. Indian Renewable Energy Development Agency Limited

  46. Instrumentation Limited

  47. M S T C Limited.

  48. Madras Fertilizers Limited

  49. Mahanadi Coalfields Limited

  50. Mineral Exploration Corporation Limited

  51. Mishra Dhatu Nigam Limited

  52. National Film Development Corporation Limited

  53. National Handloom Development Corporation Limited

  54. National Jute Manufacturers Corporation Limited

  55. National Projects Construction Corporation Limited

  56. National Seeds Corporation Limited

  57. National Small Industries Corporation Limited

  58. Northern Coalfields Limited

  59. Orissa Mineral Development Company Limited

  60. PEC Limited

  61. Pawan Hans Limited

  62. Projects & Development India Limited

  63. Scooters India Limited

  64. South Eastern Coalfields Limited

  65. Troop Comforts Limited

  66. Uranium Corporation of India Limited

  67. W A P C O S Limited

  68. Western Coalfields Limited

Schedule - C

  1. Andaman & Nicobar Islands Forest & Plantation Development Corporation

    Limited

  2. Artificial Limbs Mfg. Corporation of India

  3. Brithwaite Burn & Jessop Construction Company Limited

  4. Bengal Chemicals & Pharmaceuticals Limited

  5.  The Bisra Stone Lime Company Limited

  6. Broadcast Engineering Consultants India Limited

  7. Central Cottage Industries Corporation of India Limited

  8. Central Inland Water Transport Corporation Limited

  9. Certification Engineers International Limited

  10. Delhi Police Housing Corporation

  11. EdCIL (India) Limited

  12. FCI Aravali Gypsum & Minerals (India) Limited

  13. Ferro Scrap Nigam Limited

  14. Hindustan Antibiotics Limited

  15. HIL (India) Limited

  16. Hindustan Photo Films Manufacturing Company Limited

  17. Hindustan Prefab Limited

  18. Hindustan Salts Limited

  19. Hooghly Dock and Port Engineers Limited

  20. HSCC (India) Limited

  21. Hotel Corporation of India Limited

  22. The Jute Corporation of India Limited

  23. Karnataka Antibiotics & Pharmaceuticals Ltd

  24. Nagaland Pulp & Paper Company Limited

  25. National Backward Classes Finance & Development Corporation.

  26. National Handicapped Finance & Development Corporation.

  27. National Minorities Development & Finance Corporation

  28. National Research Development Corporation of India.

  29. National Safai Karamcharis Finance & Development Corporation.

  30. National Scheduled Castes Finance & Development Corporation

  31. National Scheduled Tribes Finance & Development Corporation

  32. NEPA Limited

  33. North Eastern Handicrafts & Handloom Development Corporation Limited

  34. North Eastern Regional Agricultural Marketing Corporation Limited

  35. Rajasthan Electronics & Instruments Limited

  36. Richardson & Cruddas (1972) Limited

  37. STCL Limited

  38. Tungabhadra Steel Products Limited

Schedule - D

  1. Birds Jute & Exports Limited 

  2. Hindustan Fluorocarbons Limited

  3. Indian Medicines Pharmaceutical Corporation Limited

  4. Orissa Drugs & Chemicals Limited

  5. Rajasthan Drugs & Pharmaceuticals Limited

Public Sector Enterprises: FAQs

Q. What are Public Sector Undertakings?

A. Public Sector Undertakings are the business units owned, managed, and controlled by the central or state government.

Q. What is the main objective of PSUs in India?

A. Public sector undertakings (PSUs) are major in India's economic development. Public Sector Companies in India provide various services to the general public. PSUs create more job opportunities which will promote economic growth and this will increase the country's GDP.

Q. What are the forms of PSUs?

A. PSUs are classified into three forms. They are Departmental undertakings, Statutory Corporations, and government companies.

Q. What are the characteristics of PSUs?

A. The characteristics of PSUs are Government Ownership and Management, Financed from Government Funds, Public Welfare, Public Utility Services, Public Accountability, and Excessive Formalities.

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