The State Trading Corporation of India Limited
Company overview
STC offers an extensive range of products and services such as imports and exports of bulk agro-products like wheat, rice, sugar; supply chain management for imported fertilizers; export of iron ore to various global destinations; import of coal from Indonesia/South Africa/Australia/USA/Russia; promotion of Indian textiles globally; procurement and distribution of essential items on behalf of Govt. Of India.
In terms of technology adoption and innovation, STC leverages state-of-the-art systems for online auctioning platforms for different commodities it deals with. This not only ensures transparency but also enhances efficiency in its operations. One aspect that sets STC apart from its competitors is its strong network spread across numerous countries – this provides the company with unique insights into local market trends while enabling them to establish long-term relationships with suppliers and buyers worldwide. Moreover, - In collaboration with MMTC Ltd., another government-owned enterprise in India dealing in minerals & metal trade - both companies have formed 'MMTCPAMP', which specializes in minted products. - It has signed MoUs (Memorandum Of Understanding) with several organizations internationally to expand their presence globally. With decades worth experience coupled with strategic collaborations makes STC a formidable force within the international trade arena.