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Dempo Mining Corporation Limited is a prominent
mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...
company from the western
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
n state of
Goa Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
. The mineral business was founded by Mr. Vasantrao S. Dempo in 1941 along with his younger brother Mr. Vaikuntrao Dempo. Mr. Vasantrao S. Dempo was the Founder Chairman of the company, who was succeeded by his son Mr. Vasudeva V. Dempo. Currently Shrinivas V. Dempo, son of Mr. Vasudeva V. Dempo is the chairman of Dempo Group.
Dempo Sports Club Dempo Sports Club, or simply known as Dempo, is an Indian professional football club based in Panjim, Goa, that competes in the Goa Professional League. The club is owned and sponsored by the Dempo Mining Corporation Limited. Popularly known ...
is linked to Dempo mining company. Dempo company has interests in many fields and the umbrella company is known as V.S. Dempo & Co. In June 2011,
Vedanta Limited Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. History Sterlite Industries Vedanta (then called ...
acquired Dempo Group's mining assets for .


Holding of Dempo House

Dempo recently has divested its mining assets and has entered many businesses The following are the companies which are fully or partially owned by the House of Dempo:


Hindustan Foods

:This Dempo Group company, established in 1988 as a joint venture with Glaxo, manufactures cereal-based food products including baby foods. Hindustan Foods manufactures high quality cereal- based food products for all age groups. The range encompasses baby foods, instant porridge, breakfast cereals and health drinks. The Vanity Case Group, led by Mr. Sameer Kothari, acquired a majority stake in 2013. The company is responsible for manufacturing about a third of Hindustan Unilever’s beverage business, like Bru coffee and Lipton tea. It also works with companies like Danone and US Polo.


Dempo Travels

: Sensing the tourism potential of Goa, the Dempo Travel Agency was established in 1960 as a travel division of the flagship V.S.Dempo & Company Pvt. Ltd, and has been one of the mainstays of Goan tourism industry. In 2000-01, a new company, Dempo Travels Pvt Ltd., was formed to handle this business independently.


Dempo Industries Newspaper Publishing

:The two main divisions under this company are the newspaper publishing division under the aegis of Navhind Papers and Publications and the Energy division. Apart from writers of national repute, it features the most respected writers of Goa. To cater to the needs of the Marathi speaking population "Navprabha" was launched in 1970. It is a respected Marathi newspaper in Goa, with editorials, supplements and special issues.


Dempo Ship Building

:There exist two group companies in this business, Dempo Shipbuilding and Engineering Pvt. Ltd. and Dempo Shipyard Pvt. Ltd. Another facility, on the banks of river
Zuari The Zuari River ''Zuvari,'' pronounced ) is the largest river in the state of Goa, India. It is a tidal river which originates at Hemad-Barshem in the Western Ghats. The Zuari is also referred to as the Aghanashani in the interior regions. It ...
, in the name of Dempo Shipyard Pvt Ltd has been added in recent years, to take advantage of the growing business in this industry. This company has already built a number of barges and has several orders in hand. The higher draft of the
Zuari River The Zuari River ''Zuvari,'' pronounced ) is the largest river in the state of Goa, India. It is a tidal river which originates at Hemad-Barshem in the Western Ghats. The Zuari is also referred to as the Aghanashani in the interior regions. It f ...
allows bigger barges to be constructed in this facility.


Goa Carbon

: :Manufacturer and marketer of Calcined Petroleum Coke, this Dempo Group company is listed on the Bombay Stock Exchange. Goa Carbon is the second largest manufacturer of Calcined Petroleum Coke in the country. Calcined Petroleum coke is a pure form of carbon and is used for making anodes for Aluminium smelting. It is also used as a source of carbon in the steel industry. Other specialty consumer segments include titanium dioxide and other chemicals. Goa Carbon was established in 1976. It has manufacturing facilities in Goa, Paradeep and Bilaspur. Total capacity is 240,000 MT per annum.


Aparant Iron and Steel

:This Dempo group company manufactures pig iron. Plans to add further value to the product are on the anvil. Based on Tata Korf technology, this mini blast furnace based plant has a capacity of 160,000 TPA.Aparant Iron and steel
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Devashri Nirman LLP

Devashri Real Estate Developers was launched by the Dempo family twenty five years ago, the developers have projects in
Panaji Panaji (; also known as Panjim) is the capital of the Indian state of Goa and the headquarters of North Goa district. Previously, it was the territorial capital of the former Portuguese India. It lies on the banks of the Mandovi river estuary ...
, Taleigao,
Porvorim Porvorim (pronounced ''Parvari '' ), is the ''De facto'' legislative and executive capital of the state of Goa, India, as both the Goa Legislative Assembly and Secretariat are functioning from the same complex in the region of Alto Porvorim in ...
, Vasco,
Caranzalem Caranzalem (pronaunced Caranzale the alphabet m is silent) is a neighborhood located on the west side of the city of Panaji, capital of the Indian state of Goa. It is completely located on the island of Tiswadi, one of the talukas in the state ...
and
Candolim Candolim is a census town in North Goa and is located in the Bardez taluka in the state of Goa, India. It is situated just south of Calangute Beach and North of Sinquerim. History During the late 16th century, Candolim became the first vill ...
.


External links


Dempos

Dempo Travels

Navhind Times


References

{{Vedanta Resources Mining companies of India Companies based in Goa Vedanta Resources 1941 establishments in Portuguese India