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MSTC aims to expand offering for private players

05 Sep 2022 Evaluate

MSTC is aiming to expand its offering for private players and has tied up with firms like Reliance Industries, Tata Power, Vedanta, and Larsen & Toubro (L&T). The company is endeavouring to harness the untapped potential in the private sector also, besides trying to retain the government and PSU business.

The company has emerged as a major standalone e-commerce service provider in India. With its foray into new and diverse business verticals, including the flagship projects of the Centre, it has immense potential to grow manifold in this arena. The company is also looking at the possibilities of foraying into more areas in the recycling field as a step towards circular economy.

MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.

Peers
Company Name CMP
Eternal 341.50
Swiggy 284.35
Meesho 240.20
FSN E-Comm. Ventur. 335.00
Brainbees Solutions 175.15
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