Minerals and Metals Trading Corporation (MMTC) is a leading international trading company. It is a public sector enterprise operating in India. The enterprise has a turnover of more than $ 5 billion. It was founded way back in the 1963. The Minerals and Metals Trading Corporation has earned the reputation of becoming one of the highest foreign exchange earners for India.
Some unique points about MMTC:
1.MMTC is India’s largest international trading company.
2.It is the first public sector entity in India which has received the ‘Five Star Export House’ status awarded by the Government of India.
3.It is the largest non-oil importer in the entire country.
4.MMTC has a global coverage under its services.
5.The various trade activities of MMTC include joint ventures, link deals and third country trade. MMTC is the single largest exporter of minerals from India.
6.Minerals and Metals Trading Corporation has been awarded with the top export award from CAPEXIL (Chemicals and Allied Products Export Promotion Council) as the largest exporter of minerals from India. It has won the title for consecutive 17 years in a row.
7.MMTC stays at top while the topic shifts to the largest importer of gold and silver.
8.Minerals and Metals Trading Corporation is India’s largest seller of non-ferrous materials which they import from outside.
9.MMTC also handles items like processed foods, chemicals, marine products, building materials, coal, hydrocarbons, coke, drugs and pharmaceuticals, textiles and Mulberry raw silk.
10.MMTC has a wholly owned subsidiary at Singapore—- MMTC Transnational Pte. Ltd. (MTPL)
11.MMTC is supported by 13 regional offices spanning over all the four zones of the country of India.
If you are planning to trade in the stocks of the company and need details about its financial health then you can request free reports, tips and analysis from this site. We provide extensive guidance relating to buying and selling of MMTC stocks for your long term and short term wealth building plans.
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