MMTC plans a full-fledged portal for transaction of gold and silver

State owned trading entity MMTC Ltd has decided to go for revamp of its e-commerce operations. The company has plans to put in place a full-fledged portal for transaction of gold and silver.

"The idea is to expand the retail footprint for gold and silver. MMTC wants to reach out to a wider customer base through a dedicated portal for bullion transactions. Though we have a site for e-procurement, it needs to be substantially upgraded”, said a senior MMTC executive.

MMTC has already invited e-bids for deployment of COTS (Commercial Off the Shelf) software for its planned e-commerce portal. The