What is the meaning of STC and MMTC?
Answers
Answered by
1
MMTC Limited. MMTC Ltd., Metals and Minerals Trading Corporation of India, is one of the two highest earners of foreign exchange for India and India's largest public sector trading body.
Answered by
0
Answer:
MMTC
MMTC stands for Minerals and Metals Trading Corporation. It is a Public Sector Company under the Ministry of Commerce. It’s a Company Registered in India as per Company’s Act, involved in International as well as domestic trade of commodities.
The main objective is to import and export items. Exports/imports take place based on local availability. MMTC has Regional offices and sub-Regional offices in almost all states of India.
STC
STC stands for state trading corporation which is established in 1956. It is the international trading house of India and the main objective is the import of essential goods such as edible oils, sugar, wheat and etc.
Similar questions