Dun & Bradstreet India is pleased to release the third edition of its premier publication, ‘India’s Top PSUs 2010’. The public sector has emerged as an important constituent of the Indian economy postindependence and has played a significant role in the country’s overall economic development, as they are equipped to reduce regional imbalances and inequalities of income.

The public sector has been an important contributor to the nation’s GDP. In FY09, the public sector is estimated to have contributed 20.8% to the GDP. The public sector’s contribution to the economy continues to grow - at current prices, the gross fixed capital formation of the public sector stood at Rs 4,782.30 bn in FY09, registering a growth of 19.35% over the previous year.

The implementation of the new economic policy in 1991, initiated the gradual process of divestment in PSUs with the aim of bringing about financial discipline in these companies and improving their overall performance. During this time, profitability and productivity emerged as significant aspects of performance, along with equity and commitment to the society. Public sector enterprises are now better prepared to face the challenges arising from a competitive environment.

‘India’s Top PSUs 2010’ is an endeavour to capture the growth story of the public sector in India and to make available useful information about these companies to a wide audience. We expect ‘India’s Top PSUs 2010’ to be a valuable publication for understanding public sector enterprises in India and we are sure that this publication will serve as an authoritative and useful ready reference tool for policy makers and business leaders globally. I hope you enjoy reading this edition and I look forward to receiving your suggestions.

Dr Manoj Vaish
President & CEO - India
Dun & Bradstreet