State Trading Corporation of India (STC)

In a July 2013 Corporate Presentation, STC lists Iran as a new market of focus.  (http://www.stc.gov.in/Templates/UI/Views/OpenPDF.aspx?id=Corporate%20Presentation.pdf)

On July 1st, 2013, STC published a document titled “INVITES EXPRESSION OF INTEREST: For Empanelment of Associate Suppliers for supply of Manufactured Products for export to Iran.”  (http://www.stc.gov.in/Templates/UI/Views/OpenPDF.aspx?id=EOIMFDPRD_1072013.pdf)

“Abbas Nazari, director of international affairs at the Iranian Railways Company, said officials of India's STC will come to Iran next week to pave the way for selling 200,000 tons of rail tracks, Iran's Tasnim news agency reported on April 28. On April 20, the Indian Express reported that with the Western nations easing sanctions on Iran, India's biggest steel maker SAIL is all set to sign a definitive agreement to help Tehran set up a railway network project spanning over 15,000 km to connect its major ports and key production centers. Khaleel Rahim, chairman of state-owned trading firm State Trading Corporation (STC) is slated to visitTehran to finalize some of the formalities that could pave the way for steel exports from India.” (Trend, “Iran plans to import 200,000 tons of rail tracks from India,” 4/28/14) (http://en.trend.az/regions/iran/2267990.html)