BY - Shanay Singh Baghel Bba 1 ST Year
BY - Shanay Singh Baghel Bba 1 ST Year
BBA 1 ST YEAR
INTRODUCTION
• MAHARATNA COMPANIES : A MAHARATNA Company is a designation
given to certain Central Public Sector Enterprises (CPSEs) in India that
have demonstrated exceptional performance and hold significant
influence in the economy. This status is granted by the Government of
India under the Department of Public Enterprises.
• CRITERIA FOR MAHARATNA STATUS : To be eligible for Maharatna
status, a company must meet the following requirements:
1.Net Worth: ₹15,000 crore or more.
2.Turnover: ₹25,000 crore or more.
3.Net Profit: ₹5,000 crore or more (for at least three consecutive years).
4.Global Operations: Significant presence in global markets.
5.NAVRATNA Status: Must already hold Navratna status before applying
for Maharatna
Role of Maharatna company in INDIA’S
Economy :
• 1. Boosting Economic Growth
• Contribution to GDP: Maharatna companies operate in core sectors like
energy, infrastructure, manufacturing, and mining, directly contributing
to India's Gross Domestic Product (GDP).
• Large-Scale Employment: They provide jobs to millions of people,
supporting livelihoods and boosting demand in the economy.
• 2. Infrastructure Development
• Building National Assets: Companies like NTPC and SAIL invest heavily in
energy generation and infrastructure projects such as power plants,
highways, and steel production.
• Enabling Connectivity: These companies ensure robust networks for
industries like transportation (railways, ports) and telecommunication.
• 3. Government Revenue
• Dividends and Taxes: Maharatna companies generate significant revenue
for the government through dividends, corporate taxes, and excise duties.
• Supporting Welfare Programs: The government uses these funds for social
and welfare programs, reducing income inequality and boosting
development.
• 4. Driving Innovation and Technology
• R&D Investments: Companies like BHEL invest in research and
development to promote technological advancements in key sectors such
as manufacturing, power, and defense.
• Modernization: Their focus on innovation helps modernize industries and
improve productivity.
BHEL
• History
• Founding Year: Established in 1964 under the Ministry of Heavy
Industries, BHEL began its journey to build a self-reliant India.
• Headquarters: Located in New Delhi, BHEL operates through a vast
network of manufacturing plants, regional offices, and project sites
across India.
• Milestones:
• Became the first PSU to earn Maharatna status in 2013 for achieving
consistent growth in revenue and profitability.
• Expanded internationally, completing over 180 projects in 80+ countries,
including the Middle East, Africa, and Southeast Asia.
KEY PRODUCTS / SERVICES
1 . Power Generation Equipment:
• BHEL is a leader in manufacturing turbines, boilers, and
generators for power plants.
• It caters to all types of power plants, including thermal (coal and
gas-based), hydroelectric, and nuclear energy plants.
• BHEL’s equipment powers a significant portion of India’s electricity
grid, ensuring reliable and efficient power supply.
2. Transmission Systems and High-Voltage Equipment:
• Manufacturing critical components like transformers, switchgear,
and substations for high-voltage power transmission.
• These systems are crucial for reducing energy loss during
transmission and ensuring efficient power distribution across
urban and rural areas.
3 .Industrial Systems and Services:
• Offers high-performance industrial equipment such as motors,
compressors, automation systems, and industrial drives used in
manufacturing and process industries.
• BHEL provides end-to-end solutions for industrial automation, helping
businesses modernize their operations and improve efficiency.
4Transportation and Defence:
1. Supplies electric locomotives and propulsion systems for Indian Railways,
contributing to the modernization of the transportation sector.
2. Develops critical components for India’s defence sector, including naval
systems and heavy equipment, showcasing its diversification efforts.
Major contribution to INDIA’S Economy
• Current Challenges:
• Increased competition from private players and global companies.
• Delays in government infrastructure projects.
• Environmental regulations demanding cleaner energy solutions.
• Future Potential:
• Expanding into green hydrogen technology.
• Diversifying into non-power sectors like railways and defense.
• Strengthening R&D for advanced technologies.
SUGGESTION FOR IMPROVING EFFICIENCY AND COMPETITIVENESS
1.Upgrade Technology:
1. Modernize factories and use the latest machines to make work faster and
better.
2.Focus on New Ideas:
1. Create new products, especially in areas like solar energy and battery
storage, to stay ahead of others.
3.Work with Global Companies:
1. Partner with international companies to learn new skills and expand into
more countries.
4.Make Processes Smoother:
1. Fix internal processes to save time, reduce costs, and improve performance.
CONCLUSION
• Key Findings:
• BHEL has been a key player in India’s industrial and energy sectors.
• The company has contributed significantly to power generation and
infrastructure development.
• Despite facing challenges like global competition and stricter environmental
rules, BHEL continues to innovate and diversify its offerings.
• Importance of Maharatna Companies (like BHEL):
• They drive India’s economic growth by supporting industrialization and
infrastructure development.
• They play a crucial role in making India self-reliant (Atmanirbhar Bharat) and
globally competitive.
• BHEL’s future growth in areas like renewable energy and advanced technologies
will strengthen its contribution to India’s development.