Maharatna

Maharatna is a designation given by the Indian government to some of its largest and most significant public sector companies. It recognizes their prominence, financial strength, and strategic importance to the country's economy. Maharatna firms enjoy greater autonomy in decision-making, enabling faster growth and expansion. These companies typically operate in vital industries like energy, steel, and infrastructure, contributing substantially to national development. The status aims to empower these corporations to compete globally, boost innovation, and enhance their overall performance, ultimately supporting India's economic progress and self-reliance.