Nitin Kumar Yadav Gets One-Year Extension as CMD of MMTC, PEC, and STC
IAS officer Nitin Kumar Yadav gets one-year extension as CMD of MMTC, PEC, and STC under Ministry of Commerce and Industry.
The Ministry of Commerce and Industry has extended the tenure of IAS officer Nitin Kumar Yadav as Chairman and Managing Director (CMD) of three major state-run trading enterprises — MMTC Limited, PEC Limited, and STC Limited — by an additional year. Yadav will continue to oversee the strategic and operational direction of these public sector undertakings, each of which plays a critical role in India's foreign trade architecture. The extension comes amid ongoing government deliberations on restructuring, potential disinvestment, and the revival of trading PSUs in the context of evolving global trade dynamics and supply chain realignments. The move reflects institutional confidence in Yadav's leadership and his ability to steer multiple complex organisations simultaneously.
