2.
The State Trading Corporation of India Ltd. (STC) is a
premier International trading company of the Government
of India
Its engaged primarily in exports, and imports operations.
It was set up in 1956.
STC help private trade and industry in developing exports
from the country.
History of STC
3.
Jawahar Vyapar Bhawan, Tolstoy Marg, New Delhi –
110001 (India)
Corporate Office of STC
4.
STC At Glance
Name The State Trading Corporation of India Ltd. (STC)
Incorporation 18th
May, 1956 under Indian Companies Act, 1956
Phone +91-11-23313177
Website www.stc.gov.in
Principal Activities International Trading
Administrative Ministry Ministry of Commerce and Industry Government of India
Listing National Stock Exchange
Bombay Stock Exchange
Chairman & M.D. Mr. Khaleel Rahim
Manpower (As on
31.03.12)
Managers 554
Staff 290
Total 844
Equity (As on 31.03.12) 60 Crore (US$ 12.5 Million)
Reserves 622 Crore (US$ 130 Million)
Turnover (2011-12) 30,444 Crore (US$ 6.4 Billion)
5. A Miniratna Category-1 Central Public Sector
Enterprise and a premier international trading
company
13 branches across India covering all important
trading centers including port towns
STC has own tank farms, warehouses, godowns at
various locations in the country for storage of
liquid/dry cargo
STC has paid 20% dividend in FY12 & FY13
Overview of STC
6.
Objectives of STC
To develop core competencies in selected areas and exploit
the market opportunities in these areas to the best
advantage of the Corporation.
To make best use of financial strength of the Corporation in
expanding its business.
To lay emphasis on quality of services to customers so as to
develop long-term business relationship with buyers and
suppliers in and outside the country.
7.
Objectives of STC Cont…
To create new infrastructure and make optimum utilisation
of infrastructure available with the Corporation.
To strive to pay adequate returns to the stakeholders.
To fulfil Corporation’s social responsibility by following
ethical business practices and reinforcing commitment to
customers, employees, partners and communities.
To act as a facilitator to small and medium exporters and
importers.
8. 14th rank in terms of net sales among 206 PSUs as per Public Enterprises Survey : 2009-10
39th rank in terms of net sales among Top 500 Companies by Financial Express (Feb’2012).
32nd rank in terms of net sales among Top 1000 Companies by Business Standard
(Mar’2012).
Won Ist prize under the category of agencies supplying gold to export against
replenishment during 2009-10 from Gems & Jewellery Export Promotion Council in
October’2010.
Won award for Gentle Giant Miniratna – I (Largest Non-Manufacturing Company)Awards
2011
Won Greentech HR Excellence Award 2010 from Greentech Foundation, New Delhi for
outstanding achievement in innovation in employee retention strategies.
Won Asia’s Best Employer Brand Award 2010 for Talent Management at Singapore.
Awards & Ranking of STC
9.
Activities of STC
STC arranges import/export of mass consumption items like rice, wheat,
edible oils, pulses, sugar etc. from time to time as per instructions of the
Government.
STC arranges import of Coal for NTPC and state power utilities.
STC also imports various types of equipments for the requirement of
police, hospitals, sports, fishing and other departments of various State
Governments.
STC undertakes supply of imported as well as domestically procured raw
materials to its business associates.
STC remains insulated from market fluctuations and gets a fixed trading
margin.
10.
Activities of STC Cont…
EPC is also extended for procurement of raw materials for
undertaking exports.
Items supplied under some arrangements include edible oils,
pulses, ores, minerals, Jute goods, oil seeds, castor oil, molasses,
maize etc.
STC is one of over 40 organisations and banks who are authorised
to import bullion into the country.
Issuing of NOC for export of onion
Supplies to defence organizations through associates
11.
How STC useful to an
Entrepreneur
STC helps thousands of Indian entrepreneur to find markets abroad for
their products
STC assists the businessman to use the best raw materials, guides and
helps them manufacture products that will attract buyers abroad.
Financial assistance to new entrepreneur for exporters on easy terms.
STC also Assistance in the areas of marketing, technical know-how,
quality control, packaging, documentation, etc.
STC acts as an expert guide for foreign entrepreneur who interested in
Indian goods. For them, STC finds the best Indian manufacturers,
undertakes negotiations, fixes delivery schedules, oversees quality control
12.
Corporate Social
Responsibility of STC
Rehabilitation of physically challenged BPL persons in J&K and Ahmedabad
by providing them with artificial limbs, calipers, crutches, wheel-chairs, etc.
Installation of borewells in Hamirpur District, Himachal Pradesh.
Vocational Training Programme in beauty culture for slum women.
Supporting needy students of fine arts through scholarship programme.
Mid-day meal programme for underprivileged children of schools of
Delhi/NCR
Solar Electrification of Village Doitra, Abu Road by providing Home Lighting
& Street Lighting Systems