MMTC launches Its first ex­clu­sive Fran­chise In DELHI

Millennium Post - - AROUND TOWN - SROOTI JHA

MMTC, ONE OF THE largest trad­ing com­pany in Asia, re­cently launched its first ex­clu­sive MMTC Gold and sil­ver jew­elry fran­chise “Ul­ti­mate pu­rity”, in south ex­ten­sion II, Delhi. The event was in­au­gu­rated by Ved Prakash, CMD, MMTC.

“The brand aims to be­come the lead­ing In­ter­na­tional trad­ing house in In­dia which could op­er­ate in the com­pet­i­tive global trad­ing en­vi­ron­ment, with fo­cus on do­mes­tic gold mon­e­ti­za­tion and ‘Make in In­dia’ scheme,” said Ved Prakash CMD, MMTC dur­ing the launch.

Adding to that, Ul­ti­mate pu­rity owner Jatin­der V.sehgal said that MMTC brand gives as­sur­ance to the cus­tomer and is a name of trust through which he will carve a mem­o­rable voy­age in his new ven­ture. MMTC as a launch pad in a jew­ellery mar­ket is a big boon to him and he be­lieves in cus­tomer sat­is­fac­tion be­fore profit. The gold ban­gles and sil­ver items are all hall­marked and are cer­ti­fied for their pu­rity.

MMTC - largest im­porter of gold in In­dia - has mas­sive plans for ex­pan­sion with en­cour­ag­ing more gold chan­nel­iz­ing in In­dia. The brand an­nounced launch of 50 more fran­chise this year all over In­dia which will of­fer au­then­tic and cul­tural de­signs as per the re­gion and their de­mands. The pu­rity of Gold/sil­ver Bul­lion Bars (Kilo­gram Bar of 995 Pu­rity or 100 gm Gold Bar of 999 pu­rity and sil­ver bars of 0.999 fine pu­rity) assures the sat­is­fac­tion of the cus­tomer and takes the cred­i­bil­ity of ev­ery piece of jew­ellery man­u­fac­tured by them.

Dur­ing last fi­nan­cial year, to­tal profit af­ter taxes was 57.06 crores. MMTC has a large prospect at the In­ter­na­tional mar­ket, serv­ing coun­tries in Asia, Eu­rope, Africa, Mid­dle East, Latin Amer­ica and North Amer­ica.

Ex­celling in the best way and shar­ing many suc­cess sto­ries, MMTC-PAMP has be­come In­dia’s first LBMA ac­cred­ited re­finer for Gold and sil­ver. Dur­ing 2016-17, MMTC sold Gold Bars pro­duced by MPIPL in the do­mes­tic mar­ket, achiev­ing a turnover of 7922.2 mil­lion. MMTC is all set to land on e-com­merce, ie. Now MMTC prod­ucts will be avail­able at a very fea­si­ble rate. The plan is to make it on­line be­fore Dhanteras (Di­wali).

Ved Prakash, CMD, MMTC in­au­grat­ing the fran­chise Pic/naveen Sharma

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