Extract of Annual Report 2024 :
SOME OF THE MAJOR OPPORTUNITIES MSTC IS PURSUING:
1.The recent initiative of the Government for sale of mineral blocks, both major and minor, through e-auction has also opened window of opportunity for MSTC and it has signed agreement with most of the State Governments which may
yield positive results to the revenue of MSTC.
2.MSTC is exploring e-auction of sand mining block in other states in line with Uttar Pradesh model.
3.The successful portals for EXIM products for IOCL and ONGC has paved way for development of such portal for other OMC’s both public and private.
4.Circular Economy: MSTC is exploring new areas of business in recycling sector like ferrous material/ Aircraft / e-Waste / Textile Recycling/ Other Hazardous Waste, etc.
5.Efforts towards R&D: We are in the process of framing Start-up policy for onboarding start-up companies for R&D as well as utilising emerging technologies / opportunities.
MSTC has been conducting regular auction for moveable and immovable assets as NPAs for Government as well as private companies. Looking forward MSTC intends to offer more upstream and down stream services with extensive use of latest technology.
MSTC is casting more focus on the untapped e-Commerce business from the private sector and in this context MSTC has signed big ticket agreements with Reliance Industries, Indus Tower, Tata Power, Vedanta, Jindal Power Ltd. etc. to name
a few
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