MMTC today stands as the largest International trading company of India with a gross turnover exceeding 5 billion US $. MMTC‟s diverse trade activities include Third Country Trade, Joint Ventures, and Link deals. Its progressive trade activities utilize all modern day tools of international trading.
Today MMTC claims a vast global trade network spanning almost all countries in Asia, Europe, Africa, Australia and America. MMTC has emerged as a true global player with its wholly owned international subsidiary in Singapore.
BUSINESS OF MMTC
It is engaged in the trading of minerals, metals, fertilizers, agriculture products, coal and hydrocarbon products, jewelry and other commodities.
The company primarily operates primarily in the Indian subcontinent with its corporate office in New Delhi and 13 regional offices. The locations of the 13 regional offices include:
East Zone :
Kolkata, Bhubaneswar
West Zone :
Mumbai, Goa, Ahmadabad
North Zone :
Delhi, Jhandewalan (Delhi), Jaipur
South Zone :
Bangalore, Bellary, Chennai, Hyderabad, Vizag
Its wholly owned foreign subsidiary in Singapore is called MMTC Transnational Pt. Limited (MTPL)
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MMTC has to its merit, a series of achievements comprising of:
- It is the first Public Sector Enterprise (PSE) to be accorded status of “Five Star Export House” by Government of India (GOI) to mark its long-standing contribution towards Indian Exports.
- MMTC stands as the largest non-oil importer of India.
- MMTC is a leading exporter of minerals from India. MMTC has won the top export award from Chemicals and Allied Products Export Promotion Council (CAPEXIL) as the exporter of minerals from India for seventeen years consistently.
- It is a leading fertilizer marketing company of India.
- MMTC is the single largest importer of gold and silver and largest bullion trader in the Indian subcontinent
- It is the biggest importer of non-ferrous metals and industrial raw materials to India.
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