Navaratna

Navaratna is a designation given by the Indian government to public-sector companies that have demonstrated exceptional performance, strong financial stability, and strategic importance. This status allows these companies greater autonomy in decision-making, including investments and managerial appointments, enabling them to operate more efficiently and competitively. The term "Navaratna" translates to "Nine Gems," symbolizing a cluster of nine prestigious companies across different sectors. Achieving this status recognizes their vital contribution to India’s economy and helps them grow independently while supporting national development objectives.