MMTC Limited
Campus Placement
at Faculty of Law, Delhi University
(2014)
www.mmtclimited.gov.in
MMTC – AN OVERVIEW
Incorporated in 1963 for export of Minerals and import of
Metals.
Later added Fertilizers and Steel imports and Precious
Metals.
One of the Largest International Trading Company of
India.
India’s leading exporter of minerals.
Single largest bullion trader in the Indian Subcontinent .
MISSION STATEMENT
As the largest trading company of India and a major
trading company of Asia, MMTC aims at improving
its position further by achieving sustainable and
viable growth rate through excellence in all its
activities, generating optimum profits through total
satisfaction of shareholders, customers, suppliers,
employees and society.
Largest exporter of Minerals and Ores
from India for over four decades.
Continues to be largest supplier of Iron
Ore handling 15% of India’s total
exports
Unique record of being the leading
minerals exporter from India securing
highest export award from CAPEXIL
for 20 years.
Other Minerals: Manganese Ore,
Chrome Ore, Mud Chemical, Barytes,
Bentonite, Bauxite, Talc Gypsum,
Quartz/Silica Sand etc.
MMTC’s CORE ACTIVITIES
MINERALS
(Rs.15652.7 million -
Turnover)
(All figures are of 2012-13)
Single largest importer and
distributor of NFM and IRM.
Base NFM – Copper,
Aluminium, Zinc, Lead, Tin,
Nickel etc.
Minor Metals – Antimony,
Silicon, Magnesium, Mercury
IRM, Noble Metals, Ferro
Alloys.
Pig Iron, Slag, Steel scrap.
MMTC’s CORE ACTIVITIES
(Rs.14840.4 million - Turnover)
(All figures are of 2012-13)
Largest importer of bullion
Bullion import of Gold & Silver of
Rs.131372.8 million.
6.71% share of India’s gold trade.
Branded, hallmarked jewellery and
SANCHI-Silverware
Import rough diamonds and other
precious and semi- precious stones.
MMTC’s CORE ACTIVITIES
(Rs.136751.6 million -
Turnover)
(All figures are of 2012-13)
Urea, MOP, DAP, Sulphur, Rock
Phosphate, Ammonium Sulphate etc.
One of India’s largest importer of
fertilizer.
Merchanting trade in fertilizers across
borders.
MMTC’s CORE ACTIVITIES
(Rs.19147.9 million -
Turnover)
(All figures are of 2012-13)
Leading EXPORTER and IMPORTER of
AGRO commodities.
Exports Wheat, Rice, Maize, De-oiled
Cake etc.
Imports Edible Oil, Pulses, Raw Sugar etc.
Domestic marketing of Sugar, Cotton and
Pulses.
MMTC’s CORE ACTIVITIES
(Rs.41296.4 million - Turnover)
(All figures are of 2012-13)
Steam Coal
Coking Coal
LAM Coke
Crude Tar
Met Coke
MMTC’s CORE ACTIVITIES
COAL & HYDRO CARBON (Rs.56368.2 million - Turnover)
(All figures are of 2012-13)
Security Equipment
Engineering Goods
Capital Goods
Power Generated
from Wind Farm in
Karnataka.
MMTC’s CORE ACTIVITIES
GENERAL TRADE – (Rs.99 million - Turnover)
(All figures are of 2012-13)
MMTC – ACHIEVEMENTS
DURING 2012-13
• Maintained status as “Largest International Trading
Company” of India
• Business Turnover of Rs.284156.2 million
• Imports of Rs.209544.1 million
• Export performance of Rs.29795.4 million
• Trading Profit of Rs.2997.5 million
(All figures are of 2012-13)
AWARDS & RANKINGS
Following Awards and Rankings were conferred on MMTC
during 2012-13:
Most Caring Companies of India Award to MMTC presented
by "The World CSR Congress" recognizing Organisations for
contributions made in the field of CSR.
Star Performer Award for the year 2011-12 in the product
group of Basic Iron and Steel (Large Enterprise) by EEPC
(National Award).
Top Exporters for the year 2010-11, Silver Trophy, Medium
Enterprise by EEPC India (N.R.).
Contd…
AWARDS & RANKINGS
TCC Exim Award (II position) in the import category
for 2011-12 by The Tamil Chamber of Commerce,
Chennai.
11th rank in 2012 on the basis of net sales and 14
th
rank in terms of Market Capitalization by Business
India's Super 100 rankings published in Business
India on 23rd Dec.2012.
PROJECTS
COMMISSIONED
.
Company co-promoted by MMTC
NINL, a JV promoted by MMTC & Orissa
Govt. is an iron & steel plant of 1.1 million
tonnes capacity, 0.8 million tonne coke
oven & by product unit with captive power
plant in Duburi.
Product mix
• Pig Iron
• Bars & Rods
• Billets
Project Commissioned……
Wind Energy Farm
•MMTC has commissioned in 2007
a 15 MW Wind Energy Farm
in Karnataka
•Sales – Rs. 94 million approx.
(All figures are of 2012-13)
Project Commissioned……
•MMTC Gitanjali Pvt.
Ltd – a chain of retail
stores for Medallions,
Jewellery and
‘SANCHI’ Silverware.
•8 retail outlets
presently functioning.
•Reported a net profit of
Rs.3.52 million for the
year 2012-13.
Projects / Joint Ventures
Indian Commodity Exchange Ltd. Commenced operations
in November, 2009. First national level commodity
exchange to start with live trading of more than Rs.1,000
crores.
MMTC- PAMP India Pvt. Ltd. - Gold / Silver Medallion
manufacturing / refining Unit. Commenced commercial
production in April 2011 & reported a net profit of
Rs.378.48 million for the year 2012-13.
•MMTC participated in the equity of a Currency Futures
Exchange under the name of “United Stock Exchange of
India Ltd.”. Commenced its operations in Sept 2010 & has
reported a profit of Rs.4.6 million for the year 2012-13.
Projects / Joint Ventures
Has setup a JV company with M/s. TATA Steel
Ltd. under the name of TM Mining Ltd.
(TMML) for mining exploration & allied
activities.
• Permanent berth with loading facilities for
iron-ore at Ennore Port jointly with M/s SICAL
& L&T Infrastructure Ltd.
•MMTC has been allotted a coal mine in the
Jharkhand State having estimated reserves of
about 251.18 million tonnes.
MMTC
Transnational
Pte. Limited
(MTPL)
Singapore
a wholly owned subsidiary
of MMTC
MTPL, Singapore –
•MTPL setup in 1994.
•Business turnover of USD 600 million.
•Net worth of USD 15.45 million as on 31.3.2013.
•Continues to hold “GLOBAL TRADER
PROGRAMME” Status awarded by International
Enterprise Singapore since FY 2000.
(All figures are of 2012-13)
Mumbai
Goa
Ahmedabad
Chennai
Bellary
Bangalore
Vizag
Bhubaneswar
Kolkatta
Jaipur
Corporate Office,
Delhi Regional Office
Hyderabad
NETWORK OF OFFICES
OFFICERS’ PAY-SCALES
LevelPosts (Pay Scales) ( Rs. )
E - 1Dy Manager 16,400 - 3% - 40,500
E – 2Manager 20,600 - 3% - 46,500
E - 3Sr Manager 24,900 - 3% - 50,500
E - 4Chief Manager 29,100 – 3% - 54500
E - 5Dy. General Manager 32,900 - 3% -58,000
E - 6Additional General Manager 36,600 - 3% - 62,000
E - 7General Manager 43,200 - 3% - 66,000
E - 8Chief General Manager 51,300 - 3% - 73,000
E - 9Executive Director 62,000 - 3% - 80,000
So.. What’s in Store for
You??
ManagerManager
Senior ManagerSenior Manager
Chief General ManagerChief General Manager
Deputy General ManagerDeputy General Manager
General General
ManagerManager
Executive DirectorExecutive Director
LEVELS
E1
E2
E3
E4
E5
E6
E7
Career Progression
Deputy Manager
Chief ManagerChief Manager
Addl. General ManagerAddl. General Manager
E8
E9
COST TO COMPANY
At induction level of
Deputy Manager
Rs.6.7 lacs p.a.
approximately
Components of Salary..
Per month
Base Pay - Rs.16400/-
VDA - 90.5% (presently)
HRA (‘A’ Class city)- 30%
Perks & Allow. - 45%
Retiral benefits - 30% of….
…Base pay & VDA
Medical reimbursement - Rs.24,300 pa
Tel. expenses Reimbursement -Rs.6,000 pa
EARNED LEAVE = 30 : HALF PAY LEAVE = 20 : CASUAL LEAVE = 12 : RH = 2 PER YR
EARNED LEAVE ENCASHMENT
HOUSE BUILDING LOAN up to Rs.20,00,000
CAR LOAN UPTO A MAXIMUM OF Rs.2,50,000
HOUSE HOLD ADVANCE Rs.1,00,000
MARRIAGE ADVANCE Rs.2,00,000
FESTIVAL ADVANCE Rs.15,000
EDUCATION ADVANCE Rs.10,000
JEWELLERY ADVANCE Rs.2,50,000
Other facilities
General Information
Entry at the level of Deputy Manager
All India Transfer liability
Execution of bond for Rs.50,000/- to
serve company for atleast 3 years.