The norms set by it for the discharge of its functions.
|Prior to the commencement of each fiscal year, MMTC executes a Memorandum of Understanding (MOU) with its administrative ministry (Department of Commerce, Ministry of Commerce and Industry). Such MOU contains the performance targets to be accomplished by the company and the assistance required in turn from the government for achieving the laid down targets. The overall performance of the company is evaluated at the end of the year based on the criteria laid down in the MOU.
In its day to day working, MMTC strives to achieve the corporate objectives laid down while working towards its corporate mission in the long run. The ultimate objective is to raise satisfaction levels of all stakeholders, be it suppliers, customers, shareholders, employees or government.