MMTC, which has been directed to import 1 lakh tonne of onion, has floated two separate bids for import of 4,000 tonne onion in order to boost domestic availability and check prices that have risen sharply up to Rs 100/kg in most places, including the national capital. The government decided to import 1 lakh tonne of onion to control prices.
MMTC is engaged in the business of metals, fertilizers, agro products, precious metal, mineral & ores, hydro - carbon. It’s the largest non-oil importer in India.
