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The State Trading Corporation of India Ltd, incorporated in 1956, is a government-owned trading company operating primarily in the trading industry. Historically, it managed India's foreign trade by acting as a canalizing agency for the import and export of essential bulk commodities, particularly engaging with East European countries. Its business has included trading on behalf of governments and private parties. Following directives from the Ministry of Commerce & Industry, the corporation has transitioned to a non-operative status, focusing currently on managing existing assets, recovering dues, and monitoring counter-trade obligations. The company operates within India and with East European countries and has no subsidiaries or listing on stock exchanges.
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