State-owned trading company MMTC Ltd has initiated action for exports of minor minerals like feldspar and bentonite. Other new business areas where the company has started activity include trade in drugs & pharmaceuticals, engineering goods and import of steel scrap.
MMTC has offered to provide support to about 200 jewellery MSME (micro, small & medium enterprises) exporters by supplying gold for export promotion through SEZ (Special Economic Zone) at Sitapura near Jaipur and Noida.
The company has formulated a roadmap for 100 per cent jump in turnover over the next five years by diversifying into identified new potential areas. Its turnover is