The State Trading Corporation of India Limited

The State Trading Corporation of India Ltd (STC), established in 1956, is a Government of India enterprise under the administrative control of the Ministry of Commerce and Industry. The company was originally incorporated to undertake international trade and bulk import/export of commodities, contributing to the growth and diversification of India’s foreign trade. Headquartered in New Delhi, STC's primary operations have focused on trading agricultural products, metals, minerals, chemicals, and other commodities on behalf of the Indian government and third parties. Over decades, STC has played a pivotal role in ensuring food security and supporting India’s export commitments by acting as an interface between Indian producers and international buyers.

In recent years, STC’s business activities have been significantly curtailed following a change in government policy reducing canalizing agency roles and a substantial decline in active trading contracts. The company has shifted its focus towards resolution of legacy matters, recovery of receivables, and asset management, while continuing to facilitate select government-mandated trade operations as required. As of 2024, STC is classified as a 'Public Sector Undertaking under closure' and is primarily engaged in closure-related affairs and compliance.