The southern chapter of SCOPE was inaugurated by U D Choubey, DG, SCOPE in the presence of Malay Chatterjee, Chairman of the Southern Chapter & CMD, KIOCL Ltd and other Chief Executives of regional PSEs.
The southern region has 25 PSEs under its pool with a total investment of Rs 31,000 crores and turnover of Rs 2.02 lakh crores during 2013-14, the profit of 18 profit making companies was Rs 13,000 crores, SCOPE said in a release.
Southern region is home to five Navratnas and 11 Miniratnas besides other PSEs, and these PSEs are contributing significantly for important segment of economy and also to sensitive areas of defense, and electronics over and above mining, petroleum etc, the release added.