By Sabyasachi Samajdar, FoodBizDaily.com Bureau Chief – New Delhi
July 3, 2009 – The Government of India has nominated its sponsored organizations to export rice to the African countries. The Government of India has allowed export of non basmati rice only in a government-to-government basis.
The State Trading Corporation, a Government of India sponsored organization, has invited the domestic rice millers and exporters to submit their expressions of interest to the STC for export of non-basmati rice (parboiled/raw) with a minimum of 25% broken to African countries like Nigeria, Senegal, Ghana, Cameroon, Benin, Guinea Bissau, Liberia, Mozambique, Togo and Zambia.
Suppliers shall have exported minimum quantity of 50,000 MT of rice to any government agency in the mentioned countries during the last five financial years (2004-05 to 2008-09).
Suppliers shall be required to offer rice on FOB (any Indian port) liner out terms as per the requirement of the buyer. Suppliers shall have the capability to supply minimum lot of 10,000 MT.
Like STC, MMTC Limited has also invited expressions of interest from the domestic rice millers and exporters to supply to nine African countries like Burkina Faso, Cameroon, Cote D’Ivoire, Egypt, Gambia, Mali, Somalia, Tunisia and Zanzibar.
Last date for submission of interest is July 14, 2009, it is learnt.
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State Trading Corporation of India Ltd. (STC)
Address: Jawahar Vyapar Bhawan, Tolstoy Marg, New Delhi - 110001, INDIA
Telephone: 91-11-23313177
Fax: 91-11-23701191
About State Trading Corporation of India Ltd. (STC)
The State Trading Corporation of India Ltd. (STC) is a premier international trading house owned by the Government of India. Having been set up in 1956, the Corporation has developed vast expertise in handling bulk international trade. Though, dealing largely with the East European countries during the early years of its formation, today it trades with almost all the countries of the world.
By virtue of infrastructure and experience possessed by the Corporation, it plays an important role in arranging import of essential items into India and developing exports of a large number of items from India. It exports a large number of items ranging from agricultural commodities to manufactured products from India to all parts of the world. Because of Corporation's in depth knowledge about the Indian market, STC is able to supply quality products at most competitive prices and ensure that the goods reach the foreign buyer within the prescribed delivery schedule. It also imports bulk commodities for Indian consumer as per demand in the domestic market.
The eventful track record of more than 52 years has helped STC to gear itself to face the fierce competitive challenges, seize business initiatives and build on its core competencies.
With a global vision in effective management, result oriented approach, strong belief in productivity and accountability, STC is future ready to take advantage of the opportunities in the 21st century and help propel India towards the new frontiers in world trade.