PSU stands for Public Sector undertaking. PSUs are a Government owned corporation or a company in which Central or State Government have more than 51% share. Basically these Government companies run like private companies and share profits to Government.
Several Public Sector Undertakings (PSUs) under the aegis of Government of India regularly provide tremendous employment opportunities in various technical and management areas. A career with PSU requires a strong and in-depth technical knowledge and understanding of core engineering Principals. GATE is one such exam, where ones technical and general aptitude is tested. The below table lists the PSUs that are recruiting through GATE-2016.