STC

The State Trading Corporation of India Limited is a public limited company, operating as a central public sector enterprise to manage international trade for the government. Its guiding philosophy is rooted in corporate governance, which aims to promote fairness, transparency, and integrity in handling its affairs for the benefit of all stakeholders. Following a directive from the Ministry of Commerce & Industry, the company has not undertaken any new business activities and currently functions as a non-operative entity. Historically, its core business was the import and export of bulk commodities such as rice, wheat, sugar, pulses, edible oils, fertilisers, coal, and bullion. Currently, the company's main source of revenue is rental income, earned by letting out surplus office space at its Jawahar Vyapar Bhavan property. Showcasing its strong commitment to small businesses, the company made 87 percent of its total procurement from Micro and Small Enterprises in 2023-24.;