Top 15 Navratna Companies in India: List, Overview & Key Insights

Navratna Companies in India

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India’s progress depends a lot on its public sector companies. Among them, the Navratna companies are known for their strong performance and big role in the country’s growth. These companies work in important fields like energy, steel, transport, and communication, helping India grow faster every year. The word Navratna means nine gems. It was first given to nine top public companies, but now 15 government companies have this special status. This title gives them more power to make business decisions and compete with private and international companies. 

According to the Department of Public Enterprises, Navratna companies together earn more than ₹2 lakh crore every year and provide jobs to over 3 lakh people across India. They help build the country’s infrastructure, bring new technology, and make India stronger in global trade. In this blog, we’ll learn about all 15 Navratna companies in India, what they do, how they help the country, and why they are so important for India’s economy. This will also help students, investors, and job seekers understand which companies play a key part in India’s success story.

What Are Navratna Companies ?

The term “Navratna” translates to “nine gems” in Sanskrit. Introduced in 1997, the Navratna status was awarded to select public sector enterprises to grant them greater financial and operational autonomy. This move aimed to enhance their competitiveness and efficiency.

Criteria for Navratna Status

To qualify for Navratna status, a company must meet specific criteria set by the Department of Public Enterprises (DPE), including:

  • Net Profit: A consistent profit record over the last three years.
  • Turnover: A minimum turnover threshold.
  • Net Worth: A positive net worth.
  • Financial Ratios: Healthy financial ratios, like return on equity and return on capital employed.
  • Internal Performance: High internal performance indicators.

Benefits of Navratna Status

Companies with Navratna status enjoy several advantages:

  • Enhanced Autonomy: Ability to make investment decisions up to ₹1,000 crore without government approval.
  • Operational Flexibility: Greater freedom in day-to-day operations.
  • Strategic Growth: Ability to enter joint ventures and mergers independently.
  • Global Competitiveness: Improved capability to compete in the global market.

List of 15 Navratna Companies in India

1. Bharat Electronics Limited (BEL)

Bharat Electronics Limited (BEL)-Navratna Companies in India
  • Established: 1954
  • Sector: Defense Electronics
  • Headquarters: Bengaluru, Karnataka

Bharat Electronics Limited (BEL) is a premier aerospace and defense electronics company headquartered in Bengaluru, Karnataka. A Navratna PSU under the Ministry of Defense, BEL specializes in the design, development, and manufacture of advanced electronic products for ground and aerospace applications. 

The company plays a pivotal role in supporting India’s defense capabilities by providing state-of-the-art radar systems, communication equipment, and electronic warfare solutions. With a strong emphasis on research and development, BEL has contributed significantly to the indigenization of defense technologies in India. In recent years, BEL has expanded its portfolio to include cybersecurity solutions and blockchain technologies, aligning with the government’s vision of a self-reliant India.

2. Container Corporation of India Limited (CONCOR)

Container Corporation of India Limited (CONCOR)-Navratna Companies in India
  • Established: 1988
  • Sector: Logistics and Transportation
  • Headquarters: New Delhi

Container Corporation of India Limited (CONCOR), established in 1988, is a leading logistics and transportation company headquartered in New Delhi. A Navratna PSU under the Ministry of Railways, CONCOR specializes in the transportation and handling of containers, offering integrated logistics solutions across India. The company operates a vast network of inland container depots (ICDs) and container freight stations (CFSs), facilitating efficient multimodal transportation services. 

CONCOR plays a crucial role in enhancing India’s trade competitiveness by providing reliable and cost-effective logistics solutions. The company’s commitment to sustainability is evident in its initiatives to reduce carbon emissions and promote eco-friendly practices in its operations.

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3. Engineers India Limited (EIL)

Engineers India Limited (EIL)-Navratna Companies in India
  • Established: 1965
  • Sector: Engineering Consultancy
  • Headquarters: New Delhi

Engineers India Limited (EIL), founded in 1965, is a premier engineering consultancy and project management company headquartered in New Delhi. A Navratna PSU under the Ministry of Petroleum and Natural Gas, EIL provides engineering, procurement, and construction (EPC) services to the oil and gas, petrochemical, and infrastructure sectors. 

The company has a strong track record of delivering complex projects, both domestically and internationally, with a focus on quality and safety. EIL’s expertise spans the entire project lifecycle, from feasibility studies to commissioning, making it a trusted partner for major industrial projects. With a commitment to innovation, EIL continues to leverage advanced technologies to enhance project delivery and operational efficiency.

4. Hindustan Aeronautics Limited (HAL)

Hindustan Aeronautics Limited (HAL)-Navratna Companies in India
  • Established: 1940
  • Sector: Aerospace and Defense
  • Headquarters: Bengaluru, Karnataka

Hindustan Aeronautics Limited (HAL), established in 1940, is one of the oldest and largest aerospace and defense manufacturers in the world, headquartered in Bengaluru, Karnataka. A Navratna PSU under the Ministry of Defense, HAL specializes in the design, development, and manufacture of aircraft, helicopters, and related systems for the Indian Armed Forces. 

The company has a rich history of producing indigenous aircraft, including the Light Combat Aircraft (LCA) Tejas and the Advanced Light Helicopter (ALH) Dhruv. As one of the prominent Navratna Companies in India, HAL’s contributions to India’s defense capabilities are significant, with a strong focus on self-reliance and technological advancement. Its extensive network of research and development centers and manufacturing facilities across India underscores its commitment to excellence in aerospace and defense manufacturing.

5. Mahanagar Telephone Nigam Limited (MTNL)

Mahanagar Telephone Nigam Limited (MTNL)-Navratna Companies in India
  • Established: 1986
  • Sector: Telecommunications
  • Headquarters: New Delhi

Mahanagar Telephone Nigam Limited (MTNL), established in 1986, is a telecommunications company headquartered in New Delhi. A wholly owned subsidiary of Bharat Sanchar Nigam Limited (BSNL), MTNL provides a wide range of telecom services, including fixed-line telephony, mobile services, broadband, and digital television in the metropolitan cities of Delhi and Mumbai. 

The company has played a pivotal role in the development of India’s telecom infrastructure, particularly in urban areas. MTNL’s commitment to quality service and customer satisfaction has earned it a loyal customer base in its operational regions. Despite the challenges posed by the rapidly evolving telecom industry, MTNL continues to adapt and innovate to meet the changing needs of its customers.

6. National Aluminum Company Limited (NALCO)

National Aluminum Company Limited (NALCO)-Navratna Companies in India
  • Established: 1981
  • Sector: Mining and Metals
  • Headquarters: Bhubaneswar, Odisha

National Aluminum Company Limited (NALCO), founded in 1981, is a Navratna Companies in India under the Ministry of Mines, headquartered in Bhubaneswar, Odisha. NALCO is one of the largest integrated bauxite, alumina, and aluminum producers in India, with operations spanning mining, refining, smelting, and power generation. The company plays a crucial role in meeting the country’s demand for aluminum, a key material in various industries, including aerospace, automotive, and construction. 

NALCO’s commitment to sustainable practices is evident in its efforts to minimize environmental impact through efficient resource utilization and waste management. With a focus on innovation and technological advancement, NALCO continues to strengthen its position in the global aluminum market.

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7. National Buildings Construction Corporation Limited (NBCC)

National Buildings Construction Corporation Limited (NBCC)-Navratna Companies in India
  • Established: 1960
  • Sector: Construction and Real Estate
  • Headquarters: New Delhi

National Buildings Construction Corporation Limited (NBCC), established in 1960, is a Navratna PSU under the Ministry of Housing and Urban Affairs, headquartered in New Delhi. NBCC is a leading public sector enterprise engaged in project management consultancy, engineering procurement and construction (EPC), and real estate development. 

The company has been instrumental in executing a wide range of infrastructure projects, including residential, commercial, and institutional buildings, across India. NBCC’s expertise extends to the redevelopment of dilapidated colonies and the construction of smart cities, contributing significantly to urban development in the country. With a focus on quality, transparency, and sustainability, NBCC continues to play a pivotal role in shaping India’s infrastructure landscape.

8. National Fertilizers Limited (NFL)

National Fertilizers Limited (NFL)-Navratna Companies in India
  • Established: 1974
  • Sector: Fertilizers
  • Headquarters: Noida, Uttar Pradesh

National Fertilizers Limited (NFL), founded in 1974, is a Navratna PSU under the Ministry of Chemicals and Fertilizers, headquartered in Noida, Uttar Pradesh. NFL is the largest producer of urea in India, manufacturing a range of fertilizers, including neem-coated urea, bio-fertilizers, and other allied industrial products. The company’s products play a vital role in enhancing agricultural productivity and ensuring food security in the country. 

The NFL’s commitment to sustainable agriculture is reflected in its initiatives to promote the use of eco-friendly fertilizers and educate farmers on best practices. With a strong distribution network and state-of-the-art manufacturing facilities, NFL continues to support India’s agricultural sector effectively.

9. Neyveli Lignite Corporation Limited (NLC India)

Neyveli Lignite Corporation Limited (NLC India)-Navratna Companies in India
  • Established: 1956
  • Sector: Energy (Lignite Mining and Power Generation)
  • Headquarters: Neyveli, Tamil Nadu

Neyveli Lignite Corporation Limited (NLC India), established in 1956, is a Navratna PSU under the Ministry of Coal, headquartered in Neyveli, Tamil Nadu. NLC India is a leading player in the mining and power generation sectors, with operations encompassing lignite mining, thermal power generation, and renewable energy projects. 

The company’s power plants contribute significantly to meeting the electricity demands of southern India. NLC India’s foray into renewable energy, particularly solar and wind power, aligns with the government’s vision of a sustainable energy future. With a focus on technological innovation and environmental stewardship, NLC India continues to expand its footprint in the energy sector.

10. NMDC Limited

NMDC Limited-Navratna Companies in India
  • Established: 1958
  • Sector: Mining
  • Headquarters: Hyderabad, Telangana

NMDC Limited, founded in 1958, is one of the Navratna Companies in India under the Ministry of Steel, headquartered in Hyderabad, Telangana. NMDC is India’s largest producer of iron ore, with mining operations in Chhattisgarh and Karnataka, playing a critical role in supplying high-quality iron ore to meet the demands of the steel industry.

NMDC’s commitment to sustainable mining practices is evident in its efforts to minimize environmental impact and promote community development in its operational areas. With plans to diversify into steel production and other minerals, NMDC is poised to strengthen its position in the mining and metals sector.

11. Oil India Limited (OIL)

Oil India Limited (OIL)-Navratna Companies in India
  • Established: 1959
  • Sector: Oil and Gas
  • Headquarters: Duliajan, Assam

Oil India Limited (OIL), established in 1959, is a Navratna PSU under the Ministry of Petroleum and Natural Gas, headquartered in Duliajan, Assam. OIL is engaged in the exploration, production, and transportation of crude oil and natural gas, primarily in the northeastern region of India. 

The company also has a presence in international markets, including the Middle East and Africa. OIL’s commitment to energy security is reflected in its efforts to enhance domestic production and reduce dependence on imports. With a focus on technological innovation and environmental sustainability, OIL continues to make significant contributions to India’s energy sector.

12. Power Finance Corporation Limited (PFC)

Power Finance Corporation Limited (PFC)-Navratna Companies in India
  • Established: 1986
  • Sector: Financial Services
  • Headquarters: New Delhi

Power Finance Corporation Limited (PFC) is a Navratna Companies in India under the Ministry of Power, headquartered in New Delhi. PFC is a leading financial institution dedicated to the power sector, providing funding for power generation, transmission, and distribution projects.

The company’s financial assistance supports the development and modernization of India’s power infrastructure, contributing to the country’s energy security. PFC’s initiatives also focus on promoting renewable energy projects, aligning with the government’s commitment to sustainable development.

13. Rashtriya Chemicals & Fertilizers Limited (RCF)

Rail Vikas Nigam Limited (RVNL)-Navratna Companies in India
  • Established: 1978
  • Sector: Chemicals and Fertilizers
  • Headquarters: Mumbai, Maharashtra

Rashtriya Chemicals & Fertilizers Limited (RCF) is a Navratna PSU under the Ministry of Chemicals and Fertilizers, headquartered in Mumbai. It was established in 1978 and is one of India’s largest manufacturers of fertilizers and industrial chemicals. The company plays a key role in improving farm productivity by producing high-quality fertilizers such as Ujjwala and Suphala. 

RCF also makes several industrial chemicals used in pharmaceuticals, textiles, and plastics. With a strong focus on innovation and sustainability, it supports both the agricultural and industrial growth of India.

14. Rail Vikas Nigam Limited (RVNL)

Rashtriya Chemicals & Fertilizers Limited (RCF)-Navratna Companies in India
  • Established: 2003
  • Sector: Railways Infrastructure
  • Headquarters: New Delhi

Rail Vikas Nigam Limited (RVNL) is a Navratna Companies in India under the Ministry of Railways, established in 2003 and based in New Delhi. It was formed to accelerate railway infrastructure development across the country. RVNL is responsible for building new railway lines, doubling tracks, electrification, and upgrading stations to modern standards.

The company plays a vital role in connecting remote regions and improving passenger and freight transport. With its efficient execution and timely completion of projects, RVNL contributes to the modernization and expansion of India’s railway network.

15. Rashtriya Ispat Nigam Limited (RINL)

Rashtriya Ispat Nigam Limited (RINL)-Navratna Companies in India
  • Established: 1971
  • Sector: Steel Manufacturing
  • Headquarters: Visakhapatnam, Andhra Pradesh

Rashtriya Ispat Nigam Limited (RINL), popularly known as Vizag Steel, is a Navratna PSU under the Ministry of Steel, headquartered in Visakhapatnam. Established in 1971, RINL operates one of India’s most advanced steel plants, producing a wide range of steel products for sectors like construction, railways, and engineering. 

The company focuses on high-quality and value-added steel products while following environmentally responsible production methods. RINL has also made a name in global markets through exports, playing an important role in strengthening India’s steel industry and economy.

Career Opportunities in Navratna Companies

Navratna companies offer numerous career opportunities across various sectors. Employees benefit from:

  • Job Security: As government-owned entities, these companies provide stable employment.
  • Growth Prospects: Opportunities for professional development and advancement.
  • Competitive Salaries: Attractive compensation packages and benefits.

For those interested in pursuing a career in these organizations, it’s advisable to regularly check their official websites for job openings and recruitment notifications.

Future Outlook

Navratna companies are poised to play a crucial role in India’s economic growth. With increased autonomy, they are better equipped to:

  • Innovate: Develop new products and services to meet market demands.
  • Expand: Enter new markets and diversify their portfolios.
  • Compete Globally: Enhance their presence in international markets.

Their strategic importance ensures they will continue to contribute significantly to the nation’s development.

Conclusion

Navratna Companies in India are integral to the country’s public sector landscape, driving growth and innovation across various industries. Their enhanced autonomy allows them to operate efficiently and contribute significantly to the nation’s development.

For those interested in exploring career opportunities or learning more about these organizations, visiting their official websites is a good starting point.

FAQs

1. How Many Navratna Companies Are There In India?

As of 2025, there are 15 Navratna companies in India.

2. What Is The Difference Between Navratna And Maharatna Companies?

Maharatna companies have higher autonomy than Navratna companies. They can make investment decisions up to ₹5,000 crore without government approval, compared to ₹1,000 crore for Navratna companies.

3.Can A Company Lose Its Navratna Status?

Yes, if a company fails to meet the performance criteria set by the Department of Public Enterprises, it can lose its Navratna status.

4. Are There Any Benefits For Employees Working In Navratna Companies?

Employees enjoy job security, growth opportunities, and competitive salaries, along with various other benefits.