MMTC says it will engage with MSMEs proactively in exports

New Delhi, Apr 29 (KNN)  MMTC Limited (Metals and Minerals Trading Corporation) has decided to join hands with micro, small and medium enterprises in a more pro-active way and partner with them in promoting exports further. 
 
MMTC Ltd, keeping in mind the importance of Micro, Small & Medium Enterprises (MSME) in India’s exports, has decided to join hands with MSMEs “in a more pro-active way so as to be an active partner with them in promoting their exports further,” the company said. 
 
MSMEs account for 40 per cent of India’s total exports of about USD 312 billion and are also active in the businesses like iron ore, gold and other metals which are of interest to MMTC, a leading public sector trading firm.
 
In this context, MMTC seeks to empanel MSME units registered with the District Industries Center (DIC) to supply engineering / industrial goods to be exported to foreign countries, for a period of three years.
 
MMTC seeks to procure goods such as flexible wires and cables; material handling/wear and abrasion resistant lining systems; auto components; switch gears, transformers, automatic voltage regulators; precision machined components and assemblies; gears, gearboxes, and precision CNC machined components.
 
It also wants to buy compressor parts; drilling mining equipment, electrical subassemblies; sheets, plates, coils, round bars, pipes, tubes, bars, all type of fittings, sections in ferrous and non-ferrous metal for industrial use and raw materials for foundries, among others.
 
MMTC Ltd. is a premier international trading company under Department of Commerce (Government of India).