5 PSUs on the Verge of Closure, Check Names Here

At least five Public Sector Undertakings (PSUs) under the Government of India are on the verge of closure due to various financial and operational challenges. These PSUs are: HMT (Watches Limited) (a subsidiary of HMT Ltd) Hindustan Cables Limited Tungabhadra Steel Products Limited Bharat Pumps and Compressors Limited Scooters India Limited These companies have faced ongoing struggles with maintaining profitability and meeting operational targets. The impending closures highlight concerns about the sustainability of certain state-owned enterprises in India. Also Read: 15 Public Sector Undertakings Are Under Liquidation

5 PSUs on the Verge of Closure, Check Names Here

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