Workshop on MSTC Metal Mandi – M3at Ludhiana, Punjab on 4th August, 2016

A step forward in the process of “DIGITAL INDIA” initiative.

Ludhiana, 04 August 2016: Shri Kamal Kumar Agarwal, Hony.Secretary General, All India Induction Furnace Association (AIIFA), inaugurated the workshop on MSTC Metal Mandi on 04 August, 2016 amidst the fraternity of steel & sponge iron manufacturers at Ludhiana. He appreciated MSTC for organizing such an event at Ludhiana and termed the initiative taken by MSTC as an excellent opportunity for the buyers and sellers of the state who deal in steel and steel related items. He also assured his support to MSTC in the future implementation of the ambitious project of “Digital Ludhiana” in the foot step of “Digital India” campaign.

The workshop of MSTC Metal Mandi was organized by MSTC Ltd. in association with Shri Sandip Jain, President, All India Induction Furnace Association (AIIFA), Shri K.K.Garg, President, Induction Furnace of North India, Shri Dev Gupta, General Secretary, Induction Furnace of North India, Members of Hand tool Manufacturers Association, Auto Parts Association, Forging Association, Steel Re-rollers Association, Tractor Parts Manufacturers Association, United Cycle Parts Manufacturers Association.

The unique concept of e-Shopping mall portal was introduced, for the online transaction for Sale-Purchase of Ferrous & Non-ferrous related bulk raw material, semi-finished goods and finished goods. The portal provides one stop shop for both seller and buyer for making most informed decision for the purchase by online payment and taking delivery with MSTC’s logistics, all at one place.

The event commenced around 12:00 noon with singing of National Anthem by the dignitaries and the members of Steel Associations followed by the Lightning of Lamp ceremony by Shri K.K.Agarwal, the chief guest of the event. Shri B. B. Singh, CMD, MSTC Ltd., welcomed all the dignitaries. In his welcome speech, he highlighted that MSTC Ltd. which has the robust e-Commerce platform and is the only e-Commerce Government Company in the country, is soon going to launch the e-Mall for B2B segment for metal related items.  He further added that it is an unique platform for selling and buying experience of bulk material and offers credible, hassle free, and time efficient business transaction along-with cost effectiveness. He stated that in future, the product range will be increased to cater to the needs of buyers for various products in metal sector.

The members of associations actively participated in the interactive session where suggestions and feedback made by them were taken for incorporation in the portal by MSTC to enhance the efficacy of the proposed portal. The concept and initiative taken by MSTC for e-mall was highly applauded and appreciated by all the members present. The workshop was first of its own kind in the state of Punjab and was a grand success being an informative event for the participants. They also evinced interest for utilizing the portal for augmenting their business.

MSTC Ltd., a Government of India Enterprise, under the administrative control of Ministry of Steel, is already known and renowned name in Punjab for its e-Commerce activities.