Following the Call of Opportunity!
DEMPO have never been one to rest on their oars when it comes to new industrial ventures. In the course of their seven- decade history, they have had recourse to start-ups, strategic divestments, acquisitions and mergers, all with the aim of maximising stakeholder advantage in terms of Profit, People and Planet. On the anvil, are ventures into new lines of activity as well as into a line of activity that the Group had made its own, each at various stages of development…
Recent Acquisition
Goa Medical Research Pvt. Ltd
It is a state-of-the-art Clinical Trial (Research) facility at Corlim Goa (Built up area 4,500 m2), currently leased out.
Some Medical research activities are planned in future at this facility.
Emerging Businesses
V. S. Dempo Mining Corporation Pvt. Ltd
Memorandum of Understanding signed in October 2006 with the ‘Government of Maharashtra’, to set up the processing plant facilities for processing of Low Iron content material in Sindhudurg District.
The project envisages identification, prospecting of Banded iron Formation and developing Mines to ensure raw material supply to the process plant of Mega Project Status (Government of Maharashtra) to produce high iron value concentrate for domestic use and abroad.
Luxury Resort in South Goa
Dempo owns a pristine piece of beachside land at Varca/Carmona in South Goa spread over an area of 8 hectares. Plans are afoot to develop a luxury resort housing 150 rooms, convention centre and around 35 modern villas with all 5* plus amenities.
The project is planned to be implemented in a joint development mode with a creditable partner operating in realty and hospitality. The project has received an in principle approval from IPB Goa. The regulatory process for certain clearances is on with GOG.
K12 School and Sports Academy at Ella Tiswadi, Goa
Dempo proposes to build an education complex comprising of a K12 School (Elementary to Standard XII) & a Football Academy on its land of appx 12 acres at Ella, Tiswadi, Goa. The school on 5 acres land would provide holistic education comprising of balance of academic, co curricular and extracurricular activities coupled with sports.
The student would be exposed to modern learning systems & activity based stress free learning to make them future ready citizens.
The School is designed by renowned award winning architects keeping in mind the needs of all ages of students with attention to challenged. The building houses courtyards and a rotunda which will host the libraries, cafeteria and opens into an open air amphitheatre. Classrooms will be supported by activity rooms, laboratories, computer and math labs, an assembly holding area.
A Swimming pool and multipurpose hall to suit both indoor games and performing arts & drama will be added in phases. An air conditioned Amphitheatre is also planned. Students will be encouraged to use common transport buses.
A school partner having strong presence in India has been identified to provide all the school facilities and ramp up of school.
The project has received an in principle approval from IPB (Investment Promotion Board), Goa. Presently some regulatory permissions need to be obtained before breaking ground.
