Privatisations
The government of India has undertaken a major
disinvestment initiative as part of its reforms package. Several
public sector undertakings – owned by both the federal as
well as the state governments - have been identified for disinvestment
either through strategic sales or through public offerings.
The disinvestment process faces several challenges
in the socio-economic context of India. Communications have to address
the concerns of employees, unions, media, opinion leaders as well
as other activist groups. This requires all-round expertise and
experience of managing multi-dimensional communication tasks.
The first (partial) disinvestment made through
a public offering was for VSNL. Adfactors PR managed the mandate providing
integrated communications support. The firm has also provided consultancy
and communications support to several bidders with an interest in
different corporations being disinvested for strategic sales.
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