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Public sector undertakings (PSUs) are government-owned corporations in India where the government holds a majority stake. PSUs operate in key sectors like defense, energy, transportation, and banking. They play an important role in economic development, employment generation, and providing public utilities and services. Some highly profitable PSUs are designated as Maharatna or Navratna companies. There are over 200 central and state PSUs operating across various industries in India.

Author

Alex Capler

Language

EN