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Mmtc Limited

New Delhi, Delhi

| GST  07AAACM1433E1Z1

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Established in 1963, MMTC, one of the two highest foreign exchange earners for India, is a leading international trading company with a turnover of around US$ 10 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 Government 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. + Read More

Nature of Business

Service Provider

Year of Establishment

1963

Legal Status of Firm

Limited Company (Ltd./Pvt.Ltd.)

Annual Turnover

More than Rs. 10000 Crore

GST Number

07AAACM1433E1Z1

Coal and Hydrocarbon
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Coal and Hydrocarbon

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Coal and Hydrocarbon is identified as one of the core areas of business for MMTC and Steam coal is identified as a thrust product for import. The coal and hydrocarbons business has achieved a turnover of Rs 18390 million in 2004-05.  The above turnover is comprised of mainly LAM COKE, Coking Coal and steam coal. 

During 2004-05 MMTC transacted a business of around 1.10 million tons of Coking Coal, 0.50 million tons of LAM COKE and 1.39 million tons of  steam coal.  A quantum jump both in value and quantity of coking coal and non-coking steam coal – total 6 million tons valued at Rs.2500 Million - is expected during 2005-06.

MMTC withstood the stiff competition due to its continuous and persistent efforts in diversifying its markets, offering value added products and services to its existing customers, enlarging its product range and customer base, expanding extensively its infrastructure facilities, using its expertise in trading by attaching utmost care and importance to its trade commitments as also the quality service and product.

Certain specific strengths of MMTC, which make it a strong player in this sector are :

  1. Strong business relationship with the leading coal mines and reputed suppliers of various coal and hydrocarbon products.  A list of suppliers whose credentials are established are also updated from time to time.  They are retained by MMTC for sourcing. 
  2. Elaborate infrastructure facilities for bulk handling with arrangements for rail and road transport, warehousing, port and shipping operations, which gives MMTC complete control over trade logistics.
  3. One of the biggest International traders in bulk in the country.
  4. Importing non-coking steam coal continuously for the power plants under long-term contracts.

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Minerals
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MINERALS DIVISION

MMTC Limited continues to play a leading role in mineral trade for a period spanning over four decades.  MMTC’s performance in mineral trade has been acknowledged by the CAPEXIL (Chemicals and Allied Products Export Promotion Council) by conferring the nation’s highest award for excellence in minerals exports 24th time in succession.  In the last decade, MMTC could withstand the stiff competition in the global market by its continuous and persistent efforts in garnering new customers apart from retaining existing customers, enlarging the product range, expanding extensively its infrastructure facilities and by attaching utmost care and importance to its trade commitments as also the quality of service and products.

MMTC has been consistently striving to enhance its competitiveness in the area of value addition. MMTC has provided further fillip to value addition of minerals.  MMTC’s co-promoted 1.1. million tpa Neelachal Ispat Nigam Ltd. (NINL) consumes annually over 2.2 million tons of various types of minerals on annual basis arranged mainly by MMTC.

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MMTC\'s Unique Position
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MMTC's Unique Position

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MMTC continues to lead India's foray in mineral exports with global success for four decades by redefining standards of global excellence by customer satisfaction worldwide. It continues to be the largest supplier of Iron Ore, handling about 15% of India’s total exports.

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