According to reports, The State Trading Corporation of India Ltd. (STC), a government-owned company that mainly deals in bulk international trade, said it plans to enter into several new sectors, including the import of rough diamonds for cutting, polishing and re-export. %% The STC has projected a turnover of Rs.10,000 crore ($2.31 billion) to be achieved during 2007-08, an increase of 11 per cent over the previous year, excluding the wheat import turnover. The STC’s profit before tax is projected to reflect an increase of 18 per cent. Exports and domestic sales are slated to grow by 20 per cent over 2006-07.