Minerals and Metals Trading Corporation Limited MMTC
Introduction
Minerals and Metals Trading Corporation of India Ltd. is India’s largest public sector trading torso. Although geologic surveys were first carried in the 1840s, when the geologic Survey of India–still the principal agency for mapping and geographic expedition of minerals today–was created at the opening of the 1990s, only 50% of India’s total land area had been explored for minerals. But production levels of cobalt, copper, graphite, lead, mercury, nickel, sulfur, petroleum, and zinc fall well short of domestic needs. Mining of scarce mineral resources to the public rather than private sector, although India’s National Mineral Policy clearly states that it does not “preclude the State from securing the co-operation of private endeavor in the larger interest of the State or with a view to accelerating the pace of development.”
Some unique points about MMTC
Minerals and Metals Trading Corporation is India’s biggest international trading company.
It is the first public sector entity in India which has experience the ‘Five Star Export House’ status awarded by the Government of India.
It is the biggest non-oil businessperson in the whole nation.
Minerals and Metals Trading Corporation has a global insurance coverage under its services.
The several trade actions of Minerals and Metals Trading Corporation include joint guess, link deals and third nation trade. Minerals and Metals Trading Corporation is the single biggest exporter of minerals from India.
Address
Minerals and Metals Trading Corporation Limited
Core -1,
Scope Complex
7 Institutional Areas
Lodhi Road,
New Delhi – 110003
INDIA
June 9th, 2010 at 3:12 am
2009 form sumit pl, comform the date