The trading firm STC is looking to get a turnover of around 21,000 crore rupees in the next fiscal. The primary business of the company is to import essential items from overseas and to export from Indian market. The traded commodities include bullion, hydrocarbons, petrochemicals, edible oils and agricultural products.

However, the company is now planning to diversify its business to some of the promising sectors of the country. It has been expected that STC will invest a huge amount in certain new areas like port development and overseas contract farming. According to an official statement, STC or the State Trading Corporation of India Ltd is moving forward to get massive revenue this year. The projected turnover is about to reach Rs 21,000 crore in 2010-11. The previous year turnover was of Rs 19,460 crore.

Hence an effective hike in revenue and net profit is expected in the current year. The firm's profit after tax has been estimated to increase by about 40%. The company is eyeing to expand certain business in this particular year.