Established in 1963, MMTC, one of the two highest foreign exchange earner for india, is a leading international trading company with a turnover of over US$ 5 billion.
It is the largest international trading company of India and the first Public Sector Enterprise to be accorded the status of "FIVE STAR EXPORT HOUSE" by Govt Of India for long standing contribution to exports.
MMTC is the largest non-oil importer in India.
MMTC's diverse trade activities encompass Third Country Trade, Joint Ventures, Link Deals - all modern day tools of international trading.
Its vast international trade network, which includes a wholly owned international subsidiary in Singapore, spans almost in all countries in Asia, Europe, Africa, Oceania and Americas, giving MMTC a global market coverage.
MMTC is major global player in the minerals trade and is the single largest exporter of minerals from India. With its comprehensive infrastructural expertise to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of regional and port offices in India, as well as international subsidiary.
MMTC has won the top export award from Chemicals and Allied Products Export Promotion Council (CAPEXIL) as the largest exporter of minerals from India for the seventeenth year in a row.
As a leading player in fertilizers and fertilizer raw material, MMTC has become a major fertilizer marketing company in India, through planned forward integration of its import activities with the direct marketing of Urea, DAP, MOP, Sulphur, Rock Phosphate, SSP and other farming and agricultural inputs.
MMTC is the largest importer of gold and silver in the Indian sub continent, handling about 100 MT of gold and 500 MT of silver annually. MMTC has opened a retail jewellery showroom at Maker Bhawan in Mumbai. MMTC supplies branded hallmarked gold and studded jewellery. MMTC has also opened a DUTY FREE jewellery store in the Departure Lounge at Sahar International Airport, Mumbai, India. An assay and hallmarking unit has been set up at New Delhi for testing the purity of gold and gold articles in accordance with the internationally accepted fire assay method.
Besides organizing major jewellery exhibitions abroad, exclusively, MMTC is keen to set up manufacturing & joint ventures for modern jewellery in association with leading names in the international jewellery trade as well as marketing.
MMTC supplies gold on loan basis to the bullion traders and jewellers in India at international rate of interest to help jewellers and artisans to overcome their working capital requirement.
MMTC's retailing network extends from a jewellery showroom at Maker Bhawan, 4 duty free shops at Mumbai (2), Chennai (1), Thiruvananthapuram (1), International airports and sales counter at its Jhandewalan office in New Delhi.
MMTC is India's largest seller of imported non-ferrous metals viz. copper, aluminium, zinc, lead, tin and nickel. It also sells imported minor metals like magnesium, antimony, silicon and mercury, as also industrial raw materials like asbestos and also steel and its products. MMTC imports quality products conforming to international specifications like ASTM or BSS or LME approved brands.
Major institutional customers of MMTC in India are accredited with ISO-9002 status. MMTC sources its metals from empanelled suppliers including producers and traders throughout the world.
MMTC is a proud winner of gold trophy for exports of Engineering and Metallurgial product in non-SSI Sector and also awarded the All India Trophy for highest export in the category of prime metal by EEPC.
MMTC is amongst the leading Indian exporters and importers of agro products. The company's bulk exports include commodities such as rice, wheat, wheat flour, soyameal, pulses, sugar, processed foods and plantation products like tea, coffee, jute etc.
MMTC also undertakes extensive operations in oilseed extraction, from the procurement of seeds to the production of de-oiled cakes for export, as well as the production of edible oil for domestic consumption. It also imports edible oils. MMTC has won the gold trophy from FIEO for highest exports in agritulcture & plantation product in non-SSI Sector.
MMTC also handles items like textiles, Mulberry raw silk, building materials, marine products, chemicals, drugs and pharmaceuticals, processed foods, hydro carbons, coal and coke.
Information on above can be supplied on request. MMTC also exports engineering products.
Its comprehensive infrastructure for bulk cargo handling, with well developed arrangements for rail and road transportation, warehousing, port and shipping, operations, gives MMTC complete control over trade logistics, both for exports and imports.
The company's countrywide domestic network is spread over 75 regional, sub-regional, port and field offices, warehouses and procurement centres.
MMTC's progress in the recent past has taken it from monopoly status to a competitive open market player making a strong thrust towards broad basing its sphere of activities, while consolidating its core areas of business.
To create synergy between its manufacturing, trading and technology partners and to bring optimum efficiency and expertise to its operations worldwide, MMTC has promoted along with government of Orissa, a million tonnes capacity Iron & Steel plant and a 0.8 million tonne capacity Coke Oven battery with by product recovery plant and a captive power plant of 55 MW capacity.
MMTC lays emphasis on human resources development and related activities. Several training programmes are conducted to upgrade managerial skills in the latest developments in trade management, export marketing, general management.MMTC has a Systems & ERP Division comprising a highly professional team to cope with the highly competitive environment. MMTC's operational offices are all equipped with modern computing tools. ERP has been implemented. A user friendly intranet based Knowledge Management Solution has been made available to officials.
MMTC's social and welfare activities promote welfare of the employees through various schemes like sports activities, liberal loan facilities like house building advance, conveyance loan, house hold loan, marriage advance, etc. MMTC also provides subsidized canteen facilities, medical treatment, residential accommodation in some of the major cities for its employees. MMTC also takes care of employees' families through merit scholarship, tuition fee reimbursement, etc.
MMTC is committed towards environmental upkeepment through aforestation in the mining areas, development of tribal areas and infrastructure development through rail links, port facilities, etc.
Its vast international trade network, includes.
One wholly owned international subsidiary in Singapore- MMTC Transnational Pte. Ltd. (MTPL)
| 13 Regional offices | |
| East Zone : | Kolkata, Bhubaneshwar |
| West Zone : | Mumbai, Goa, Ahmedabad |
| North Zone : | Delhi, Jhandewalan (Delhi), Jaipur |
| South Zone : | Bangalore, Bellary, Chennai, Hyderabad, Vizag |
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