MICA INDUSTRY

Unbroken Grip of Monopoly Arun Sinha THE Mica Trading Corporation (MITCO), a state trade enterprise created as a subsidiary of Mineral and Metals Corporation in 1975, has never been liked by the monopoly exporters of mica. The Mica Syndicate, an earlier enterprise set up in 1962 by the Bihar government, was destroyed by these same interests: but just as they were celebrating the death of the Mica Syndicate, MITCO was born' Naturally, MITCO has been under constant attack.