MMTC launches its first exclusive franchise in Delhi
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).