Oil India Limited has been granted ‘Navratna’ status by the Department of Public Enterprises, Ministry of Finance, Government of India. This acknowledges Oil India as a premier public sector enterprise, offering enhanced autonomy and strategic decision-making capabilities. This elevation signifies the company’s strong financial performance and contributions to India’s energy sector. The announcement was made on December 3, 2025.
‘Navratna’ Status Awarded
Oil India Limited has received the ‘Navratna’ status, marking a significant milestone for the company. The official grant, conferred by the Department of Public Enterprises under the Ministry of Finance, recognizes Oil India’s contributions to the sector. The formal announcement was made on December 3, 2025.
Implications for Oil India
The ‘Navratna’ status allows Oil India greater operational independence, enabling faster decision-making and strategic investments. The company gains the ability to pursue larger projects, accelerating its growth trajectory and contribution to India’s energy security.
Source: BSE
