Dempo Mining Corporation Limited is a prominent

mining Mining is the Resource extraction, extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agriculture, agricultural processes, or feasib ...

company from the western Indian 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 bound by the Indian states of Maharashtra to the north, and Karnataka to the ...

. The mineral business was founded by Vasantrao S. Dempo in 1941, along with his younger brother Vaikuntrao Dempo. Vasantrao was the founding chairman of the company, succeeded by his son Vasudeva V. Dempo. Currently, Shrinivas V. Dempo, son of Vasudeva, is the chairman of Dempo Group. In June 2011,

Vedanta Limited Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. History Sterlite Industries Vedanta (then called Sterlit ...

acquired Dempo Group's mining assets for .

Holding of Dempo House

Dempo has divested its mining assets and entered different 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 GSK plc (an acronym from its former name GlaxoSmithKline plc) is a British multinational pharmaceutical and biotechnology company with headquarters in London. It was established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham, wh ...

, manufactures

cereal A cereal is a grass cultivated for its edible grain. Cereals are the world's largest crops, and are therefore staple foods. They include rice, wheat, rye, oats, barley, millet, and maize ( Corn). Edible grains from other plant families, ...

-based food products including baby foods. The range encompasses instant

porridge Porridge is a food made by heating, soaking or boiling ground, crushed or chopped starchy plants, typically grain, in milk or water. It is often cooked or served with added flavourings such as sugar, honey, fruit, or syrup to make a sweet cereal ...

, breakfast cereals and health drinks. The Vanity Case Group, led by Sameer Kothari, acquired a majority stake in 2013. The company is responsible for manufacturing about a third of Hindustan Unilever’s beverage business. It also works with companies like

Danone Danone S.A. () is a French multinational corporation, multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock mark ...

and

Lipton Lipton is a brand named after its founder, Sir Thomas Lipton, Tom Lipton, who started an eponymous grocery retail business in the United Kingdom in 1871. The brand was used for various consumer goods sold in Lipton stores, including tea from 1 ...

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 Navhind Papers, and Publications and Energy division. Apart from writers of national repute, it features the most respected writers of Goa. To cater to the needs of the

Marathi Marathi may refer to: *Marathi people, an Indo-Aryan ethnolinguistic group of Maharashtra, India **Marathi people (Uttar Pradesh), the Marathi people in the Indian state of Uttar Pradesh *Marathi language, the Indo-Aryan language spoken by the Mar ...

speaking population, "Navprabha" was launched in 1970. It is a respected Marathi newspaper in Goa, with editorials, supplements and special issues.

Dempo Shipbuilding

Dempo

Shipbuilding Shipbuilding is the construction of ships and other Watercraft, floating vessels. In modern times, it normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation th ...

and

Engineering Engineering is the practice of using natural science, mathematics, and the engineering design process to Problem solving#Engineering, solve problems within technology, increase efficiency and productivity, and improve Systems engineering, s ...

Pvt. Ltd., and Dempo

Shipyard A shipyard, also called a dockyard or boatyard, is a place where ships are shipbuilding, built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Compared to shipyards, which are sometimes m ...

Pvt. Ltd. are the main companies in this sector. 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 fl ...

, in the name of Dempo Shipyard Pvt. Ltd., has been added to take advantage of the growing business. This company has already built a number of barges.

Goa Carbon

Manufacturer and marketer of calcined

petroleum coke Petroleum coke, abbreviated coke, pet coke or petcoke, is a final carbon-rich solid material that derives from oil refinery, oil refining, and is one type of the group of fuels referred to as Coke (fuel), cokes. Petcoke is the coke that, in parti ...

, 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. Goa Carbon was established in 1976. It has manufacturing facilities in Goa,

Paradeep Paradeep, also spelled Paradip (originally Paradweep, also spelled Paradwip), is a major industrial seaport town and municipality, nearly 80 km from Cuttack city, in Jagatsinghpur district of Odisha, India. Paradeep was constituted as an NAC o ...

, and Bilaspur. Total capacity is 240,000 MT per annum.

Aparant Iron and Steel

Based on Tata korf technology, this mini blast furnace-based technology 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 with 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 est ...

, Taleigao,

Porvorim Porvorim (pronounced ), is the '' de facto'' legislative and executive capital of the state of Goa as both the Goa Legislative Assembly and Secretariat are functioning from the same complex in the region of Alto Porvorim in porvorim.(Alto � ...

, Vasco,

Caranzalem Caranzalem (pronounced Caranzale) is a neighborhood located on the west side of the city of Panjim, the capital of the state of Goa. It is situated on the island of Tiswadi and is known for its beach with same name. The neighborhood has a bea ...

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, Calangute Beach and North of Sinquerim. History During the late 16th century, Candolim became the ...

External links

Dempos

References

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