Established in 1956, The State Trading Corporation of India Ltd. (STC) is a Public Sector Undertaking (PSU) under the administrative control of the Ministry of Commerce & Industry, Government of India. It was set up to be a premier international trading house to handle trade with Eastern European countries and to supplement the efforts of the private sector in developing Indian exports. Over the years, its activities covered a wide range of items for export, import, and domestic trade. In January 2023, the Indian government decided to close the corporation as part of its restructuring of public sector enterprises.

Founded in

India