In recognition of its stellar role played among the public sector undertakings (PSUs) in the Indian economy as well as in the wider socioeconomic development, Navratna Nalco has bagged the award for Best Export Performance in the Dun & Bradstreet PSU Awards 2019.
The award was presented by Union Minister of Heavy Industries and Public Enterprises Arvind Sawant at the PSU award ceremony in New Delhi.
Notably, the Nalco clocked export earnings of Rs 4,792.71 crore in 2018-19, which is the highest-ever since its inception, registering a growth of 18% over the corresponding previous period of 2017-18. The Department of Public Enterprises (DPE) has rated the Nalco as the 3rd Highest 'Net Foreign Exchange Earning CPSE' in the country. Indian analysts, market experts and various trade bodies have congratulated Nalco CMD Dr Tapan Kumar Chand over the prestigious award. Dun & Bradstreet is one of the leading knowledge providers and has been tracking the country’s economic progress through research, publications and awards.