The Metals and Minerals Trading Corporation of India (MMTC) is a public sector undertaking under the Ministry of Commerce and Industry, Government of India. It was incorporated on September 26, 1963, with the primary objective of regulating the international trade of minerals and metals. Over the years, MMTC has diversified its business portfolio to include a wide range of products, including: Coal Iron ore Ferrous and non-ferrous metals Precious metals Agro commodities Fertilizers Chemicals Plastics Petroleum products MMTC is one of the two highest earners of foreign exchange for India. In 2022-23, it exported goods worth Rs. 28,997.23 crores (US$3.8 billion). MMTC also plays a significant role in the development of the Indian economy by providing raw materials to industries and ensuring a steady supply of essential commodities to the country. The objectives of MMTC are: To promote the export of Indian minerals and metals To import essential metals and minerals for the Indian industry To develop and maintain a network of marketing and distribution channels for its products To provide financial and technical assistance to small and medium enterprises in the minerals and metals sector To promote research and development in the minerals and metals sector To ensure fair and transparent trade practices MMTC is a major player in the global minerals and metals trade. It has a strong presence in over 50 countries and has a wide network of offices and agents. MMTC is also a member of several international organizations, including the International Trade Centre (ITC) and the World Trade Organization (WTO). MMTC is a responsible corporate citizen. It has implemented several initiatives to promote environmental sustainability and social responsibility. For example, MMTC has set up a green fund to finance projects that promote environmental protection. It has also partnered with NGOs to provide training and employment opportunities to women and people from marginalized communities. MMTC is a well-managed and professionally run organization. It has a strong financial track record and has been consistently profitable over the years. MMTC is also committed to corporate governance and has adopted a code of conduct for its employees. MMTC is a valuable asset to the Indian economy. It plays a vital role in the export of Indian minerals and metals, the import of essential metals and minerals, and the development of the Indian minerals and metals sector. MMTC is also a responsible corporate citizen that is committed to environmental sustainability and social responsibility.