Union Minister for Steel and Heavy Industries, Shri H.D. Kumaraswamy, inaugurated the new corporate office of MSTC Ltd at Narojinagar, World Trade Center, New Delhi.

The event also marked the official launch of the Upkaran E-Portal, a major step in MSTC’s digital service offerings.

MSTC’s Digital Evolution: From Scrap Trading to National Enabler-Founded in 1964 as a scrap trading agency, MSTC has evolved into a Mini Ratna CPSE and one of the country’s most trusted digital auction platforms. 

With an ISO-certified infrastructure and over 4 lakh auctions completed, MSTC has emerged as a pivotal player in public asset monetisation, spectrum sales, and coal block auctions.

The transformation of MSTC aligns with the broader vision of Hon’ble Prime Minister Shri Narendra Modi avaru, whose leadership has emphasized technology, transparency, 

and efficiency in public service delivery. MSTC’s role as a digital enabler reflects this governance model delivering accountability and inclusiveness across sectors.

The newly launched Upkaran E-Portal, a digital marketplace that will serve as a bridge between industry and innovation, supporting MSMEs and promoting transparent, efficient trade in vital sectors.