State Owned Enterprises 1

STATE ENTERPRIES IN INDIA:
In India, public-sector undertaking (PSU) is a term used for a government-

owned corporation (company in the public sector). The term is used to refer to
companies in which the government (either the Union Government or state or
territorial governments, or both) owned a majority (51 percent or more) of the
company equity.They are mainly in the sectors of defence and power.These
include:
Balmer Lawrie & Co.Ltd:
It is a Government of India Enterprise which manufactures industrial packaging,

barrels and drums, LPG cylinders, greases and lubricants, leather chemicals,
functional additives and marine freight containers.It also undertakes tea exports
and trading, travel, tours, and cargo and engineering services such as turnkey
projects, energy-audit and consultancy and freight-container repairs.
Balmer Lawrie started its corporate journey as a Partnership Firm on 1 February

1867 Headquartered at Kolkata, founded by two Scotmen - George Stephen
Balmer and Alexander Lawrie. From Tea to Shipping, Insurance to Banking,
Trading to Manufacturing - there was hardly any business, Balme Lawrie did not
delve into in its formative years, growing stronger at every landmark of its
remarkable corporate journey.
Today, Balmer Lawrie has emerged as a multi-activity, multi-technology, multi-

location conglomerate with global footprints - along with its joint Ventures,
encompassing diverse interests in Manufacturing Sector viz, Industrial
Packaging, Grease & Lubricants, Leather Chemicals and Travel & Tours, Logistics
Infrastructure & Services and Engineering & Technology Services.
Mazagon Dock Limited (MDL) is India’s prime shipyard. It manufactures

warships and submarines for the Indian Navy, as well as offshore platforms and
associated support vessels for offshore oil drilling.[1] It also builds tankers, cargo
bulk carriers and passenger ships and ferries.
The shipyards of MDL were established in the 18th century. These yards have
over two centuries of experience in shipbuilding. Ownership of the yards passed
through various entities, including the P&O Lines and the British India Steam
Navigation Company. Eventually, Mazagon Dock Limited was registered as a
public company in 1934. The shipyard was nationalized in 1960, and is now a
PSU of the Government of India.[1]
NTPC Limited (Formerly National Thermal Power Corporation)

(NSE: NTPC) is the largest state-owned power generating company in India.
Forbes Global 2000 for 2009 ranked it 317th [3] in the world. It is an Indian
public sector company listed on the Bombay Stock Exchange although at present
the Government of India holds 84.5%(after divestment the stake by Indian
government on 19october2009) of its equity. With a current generating capacity
of 31134 MW, NTPC has embarked on plans to become a 75,000 MW company
by 2017. It was founded on November 7, 1975. NTPC's core business is
engineering, construction and operation of power generating plants and
providing consultancy to power utilities in India and abroad.
The total installed capacity of the company is 31134 MW (including JVs) with 15
coal based and 7 gas based stations, located across the country. In addition
under JVs, 3 stations are coal based & another station uses naphtha/LNG as fuel.
By 2017, the power generation portfolio is expected to have a diversified fuel
mix with coal based capacity of around 53000 MW, 10000 MW through gas,
9000 MW through Hydro generation, about 2000 MW from nuclear sources and
around 1000 MW from Renewable Energy Sources (RES). NTPC has adopted a
multi-pronged growth strategy which includes capacity addition through green
field projects, expansion of existing stations, joint ventures, subsidiaries and
takeover of stations.
NTPC has been operating its plants at high efficiency levels. Although the
company has 18.79% of the total national capacity it contributes 28.60% of total
power generation due to its focus on high efficiency. NTPC’s share at 31 Mar
2001 of the total installed capacity of the country was 24.51% and it generated
29.68% of the power of the country in 2008-09. Every fourth home in India is lit
by NTPC. 170.88BU of electricity was produced by its stations in the financial
year 2005-2006. The Net Profit after Tax on March 31, 2006 was INR 58,202
million. Net Profit after Tax for the quarter ended June 30, 2006 was INR 15528
million, which is 18.65% more than for the same quarter in the previous
financial year. 2005).
Pursuant to a special resolution passed by the Shareholders at the Company’s

Annual General Meeting on September 23, 2005 and the approval of the Central
Government under section 21 of the Companies Act, 1956, the name of the
Company "National Thermal Power Corporation Limited" has been changed to
"NTPC Limited" with effect from October 28, 2005. The primary reason for this is
the company's foray into hydro and nuclear based power generation along with
backward integration by coal mining.
(NTPC) is in the 138th position in Fortune 500 in 2009.
Hindustan Aeronautics Limited based in Bangalore, India, is one of Asia's

largest aerospace companies. Under the management of the Indian Ministry of
Defence, this state-owned company is mainly involved in aerospace industry,
which includes manufacturing and assembling aircraft, navigation and related
communication equipment, as well as operating airports.
HAL built the first military aircraft in South Asia and is currently involved in the
design, fabrication and assembly of aircraft, jet engines, and helicopters, as well
as their components and spares. It has several facilities throughout India
including Nasik, Korwa, Kanpur, Koraput, Lucknow, Bangalore and Hyderabad.
The German engineer Kurt Tank designed the HF-24 Marut fighter-bomber, the
first fighter aircraft made in India.
Hindustan Aeronautics has a long history of collaboration with several other

international and domestic aerospace agencies such as Airbus, Boeing, Sukhoi
Aviation Corporation, Israel Aircraft Industries, RSK MiG, BAE Systems, Rolls-
Royce plc, Dassault Aviation, Dornier Flugzeugwerke, the Indian Aeronautical
Development Agency and the Indian Space Research Organisation.
Bharat Electronics Limited is a state-owned electronics company with about

nine factories, and few regional offices in India. It is owned by the Indian
Government & primarily manufactures advanced electronic products for the
Indian Armed Forces.BEL is one of the eight PSUs under Ministry of Defence,
Government Of India. It has even earned the government's Navratna status.
As of April 1, 2008, BEL's order book is estimated to be around 9,450 crore

(US$2.13 billion).[1]
Hindustan Machine Tools was incorporated in 1953 by the Government of

India as a machine tool manufacturing company. Over the years diversified into
watches, tractors, printing machinery, metal forming presses, die casting &
plastic processing machinery, CNC systems & bearings. Successful technology
absorption in all product groups through collaborations with world renowned
manufacturers and further strengthened by continuous in-house R&D. Today,
HMT comprises six subsidiaries under the ambit of a holding company, which
also manages the tractors business directly.
HMT Limited has 18 manufacturing units.The constituent subsidiaries are given

below while the holding company retains the tractors business group.
HMT’s tractor business commenced its operations in 1971 in technical

collaboration with M/s MOTOKOV, Czechoslovakia. HMT started the operation
with the manufacture of 25 HP tractor at the manufacturing plant in Pinjore,
Haryana state. Over the years, it has developed tractors ranging from 25 HP to
75 HP.
HMT Limited took over Praga Tools Limited as one of its subsidiaries 1988[1].
Praga Tools Limited was established in May, 1943 as Praga Tools Corporation
Limited to manufacture machine tools with its head quarters at Secunderabad. It
was renamed as Praga Tools Limited in 1963. It is mainly involved in
manufacture of machine tools including CNC machines.

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STATE ENTERPRIES IN INDIA:

In India, public-sector undertaking (PSU) is a term used for a government-

Balmer Lawrie & Co.Ltd:

It is a Government of India Enterprise which manufactures industrial packaging,

Balmer Lawrie started its corporate journey as a Partnership Firm on 1 February

Today, Balmer Lawrie has emerged as a multi-activity, multi-technology, multi-

Mazagon Dock Limited (MDL) is India’s prime shipyard. It manufactures

NTPC Limited (Formerly National Thermal Power Corporation)

Pursuant to a special resolution passed by the Shareholders at the Company’s

(NTPC) is in the 138th position in Fortune 500 in 2009.

Hindustan Aeronautics Limited based in Bangalore, India, is one of Asia's

Hindustan Aeronautics has a long history of collaboration with several other

Bharat Electronics Limited is a state-owned electronics company with about

As of April 1, 2008, BEL's order book is estimated to be around 9,450 crore

Hindustan Machine Tools was incorporated in 1953 by the Government of

HMT Limited has 18 manufacturing units.The constituent subsidiaries are given

HMT’s tractor business commenced its operations in 1971 in technical

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