MMTC Ltd., a Miniratna CPSE, is one of the largest trading companies in the country. Over the years, MMTC has grown into a reputed global business leader with trade operations spread across diverse sectors like agro, power, fertilizers, coal and hydrocarbons, steel, precious metals, engineering goods, etc., besides minerals and metals.
MMTC is 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. With a network of regional offices spread across the country, a wholly owned subsidiary in Singapore, and a number of joint ventures in areas such as bullion refining & minting, retailing, steel production, mining, trade & infrastructure development, etc., the Company has established its presence both in India and abroad.
The Company was incorporated on 26 September 1963 at New Delhi. The Corporation started functioning on 1 October. The main objectives of the company was export of mineral ores and import of essential metals. According to a latest news, MMTC is Asia’s biggest gold and silver importer.