Goa Carbon Ltd, the company set up by our group founder, the late Vasantrao S. Dempo and its co-founder, Vaikunthrao S. Dempo in the year 1967 has completed five decades, having been incorporated on the 22nd June that year!
Among the country’s largest makers of calcined petroleum coke, with plants spanning the two coasts of India as well as the country’s central region, Goa Carbon Ltd (GCL), a company in which the public is substantially interested, has a record of repaying investor confidence several fold.
While the age of an individual is measured in terms of years, entities such as companies are measured by decades, not years. The five-decade mark is a sign of stability, longevity, adherence to good practice, and the lasting nature of the Dempo ethos of ethics, responsibility and honest profit.
This tryst with history is a matter of rejoicing for all. Warm congratulations to each and every Dempo-ites on this historic milestone!
The milestone follows the golden jubilees of the group’s sports club, its two colleges, and the shipbuilding and newspaper businesses, all in recent years. These periodic milestones would surely make our founders proud.
The occasion is also a sign of continuity in change, exemplified by the leadership of Company (and Group) Chairman Shrinivas V. Dempo acknowledged across Asia in the form of the Asia Pacific Entrepreneurship Award for Entrepreneur of the Year recently. It is this continuity in the midst of change that has enabled GCL to weather not just business adversity, which is normal, but also changes in macro-economic policy, while ensuring that he company remained the supplier of choice to buyers of petroleum coke, both in India and abroad.
A large part of the credit for the company’s resurgence in recent years is down to the Goan Carbon team, headed by Jagmohan J. Chhabra, Executive Director, and comprising executives, staff, workmen and associates at the company’s headquarters as also its plants at Goa, Bilaspur and Paradeep.
Every Goa Carbon-ite is worthy of high appreciation for contributions towards furthering company objectives!