MMTC signs MoU with government

Updated: Mar 24 2005, 05:30am hrs
The Mines and Minerals Trading Corporation (MMTC) has signed a memorandum of understanding (MoU) with commerce department, government of India targeting 122% higher profits for 2005-06 over last year. It has set a business target of Rs 12,200 crore for the year and has achieved a 48% higher MoU rating compared with 2004-05. MMTC is targeting a 54% growth in exports and 52% growth in imports over the financial year 05.