Comments
Engineers India Ltd (EIL) was today conferred the coveted ‘Navratna’ status, which would give the state-owned firm more financial and operational autonomy.
“The Navratna status has been granted to the company subsequent to the fulfilment of the criteria prescribed by Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India,” EIL said in a statement here.
The upgraded status will provide the company with “enhanced operational and financial autonomy to work in domestic and overseas markets,” it said.
EIL has emerged as one of India’s leading engineering consultancy and EPC companies with a diverse portfolio of projects in hydrocarbon, petrochemical, mining & metallurgy, fertiliser, power and infrastructure sectors.
In recent times, the company has expanded its operations internationally and is providing a wide range of engineering consultancy services on various international projects in the West Asia, Africa and South East Asia.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.