Questionnaire on the State Trading Corporation of India.

1. When was STC formed?

STC was formed in 1956 with collaboration of the BJP and Shiv Sena. We are very glad that such
a thing happened as it gave employment to many people and is now contributing to Indias
Economy.
2. What is the biggest achievement of STC?
The biggest achievement of STC would be level of imports got over a period of 40 years. It helped
us improve our infrastructure and facilities which helped us survive for so long as one of the most
important corporations on the Export-Import eld.
3. In which year STC recorded highest turnover?
It was in the year 2005-06 when we recorded the highest turnover. It was around 1200 crores.
4. From which country does India import the most?
India gets imports from all parts of the world. No particular country can be singled out as the level
of imports keeps on changing since the last 40 years.
5. How had STC helped the domestic market?
STC imports essential commodities to cover shortfalls in the domestic market. During the last
decade, STC imported sugar, wheat and pulses to meet domestic requirements at a very short
notice.
6. What about STCs tie ups and partnerships?
STC has tie ups for supply of pharmaceuticals (medical, health care products) to Bangladesh,
Turkmenistan, Sri Lanka etc.
7. Where are the branches of STC?
For effective marketing, STC has opened branch ofces in many countries and has associates in
other parts of the world. These ofces and their services extend to Sydney, Singapore, Paris,
Colombo, Berlin, Bangkok etc.
8. What is the future target of STC?
Well out target has been to increase the turnover with every year passing by and we are targeting
30,000 crores in 2011.