02553nam a22001577a 4500999001900000008004100019100002400060245012300084260003700207300003100244520180800275650016202083773003702245942000702282952010602289  c533623d533623260608b           ||||| |||| 00| 0 eng d  aKumar, Ullas961083  aFrom disinvestment to Mini-Ratna: Turnaround of CEL a case study on leadership, culture, and discipline in PSU revival  aBharat Journal of Case Studies    a1(2), Dec, 2025: p.101-117  aThis case study chronicles the miraculous journey of Central Electronics Limited (CEL), a Government of India enterprise under the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology. In less than four years, CEL journeyed from the brink of privatisation to achieving Mini Ratna (Category-I) status. Initially declared sold under a strategic disinvestment deal, CEL narrowly avoided privatisation after legal complications arose with the selected bidder. What began as a crisis became the catalyst for revival. Under the leadership of Chairman & Managing Director Chetan Prakash Jain, the organisation undertook bold decisions, strategic reforms and innovative HR interventions to rebuild institutional credibility and restore employee morale. Renowned as a pioneer in solar cell technology in India, CEL took the difficult but pragmatic decision to exit direct solar manufacturing and reinvent its operations through Public-Private Partnership (PPP) model, thereby containing losses while preserving its technological edge. One of the most striking elements of CEL’s turnaround was the cultural transformation that the organisation underwent for the first time in its history. The leadership showed strong commitment to building a caring and inclusive culture without compromising on integrity, discipline, or performance standards. The CEL case study underscores the role of bold and resilient leadership, stakeholder engagement, strategic diversification and financial reforms in reviving organisations in distress. As former Vice President of India Shri Jagdeep Dhankar observed, “The success of CEL is a case study, a role model for others to emulate.” (CEL, 3). –Reproduced

https://www.printspublications.com/journal/bharat-journal-of-case-studies
  aLeadership, Public organization, revival, Disinvestment, Electronics industry, HR reforms Strategic reforms, Work cultural, Trade unions, Mini Ratna. 961084  aBharat Journal of Case Studies    cAR  00102ddc40709408804aIIPAbIIPAd2026-06-08h1(2), Dec, 2025: p.101-117pAR139100r2026-06-08yAR