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MMTC Limited has won CAPEXIL's 'Highest Export Awards' for 2014-15 for Mineral Exports from India
MMTC Limited has been awarded the CAPEXIL's Highest Export Award for canalized agency in Minerals and Ores sector for the year 2014-15. It is the 24th time in a row that MMTC has won CAPEXIL's most coveted award in the highest category. This consistent achievement has been possible with valuable support from customers, suppliers, government agencies, ports, railway authorities and other stakeholders.
During 2014-15, MMTC exported iron ore valued at Rs. 13998.18 million; Chrome Ore/Chrome concentrate valued at Rs 341.35 millions and Manganese ore valued at Rs. 67.2 millions. The total foreign exchange earnings on export of Minerals was Rs. 14406.73 million (US$ 212 million). The exports of Minerals by MMTC have been to buyers in Japan, South Korea and China. MMTC's leadership status in minerals exports is a result of the dedicated efforts of five decades of creating extensive infrastructure facilities right from mine-heads to ports and handling in-house the entire procurement logistics and export operations through a wide network of offices.
The award was conferred by Hon’ble Sh. Anant G Geete, Minister of Heavy Industries & Public Enterprise, GOI on 9th Feb, 2017 at Vigyan Bhawan, New Delhi and received by Sh. Ved Prakash, CMD and Sh. Ashwani Sondhi, Director (Minerals).
Publish Date: 23-02-2017