In 1952, the vision, business acumen and spirit of enterprise of the Founder Chairman Mr. Vassudev M. Salgaocar laid the foundation for the development of a thriving mining industry and export trade of the company, V. M. Salgaocar & Bro. Pvt. Ltd. After the passing away of the Founder Chairman in 1984, the company has been led by his two sons, Mr. Shivanand V. Salgaocar, Managing Director and Mr. Dattaraj V. Salgaocar, Managing Director.

Never looking back since its inception, the Company is one of the leading Indian suppliers of processed iron ore to NSC and POSCO, which are amongst the world's largest steel makers, besides other steel mills in China, Romania, and the Middle East.

The commercial activities are not just limited to mining, but have been expanded to include various ventures in the fields of hospitality, travel & tourism and real estate.

The company is deeply committed to protecting and preserving the natural environment not only by employing sustainable techniques in the mining operations, but also by exploring renewable sources of energy like Wind Energy Generators.

Apart from these business activities, the company lays great emphasis on contributing to the society. The V.M.Salgaocar Hospital, the V.M. Salgaocar College of Law, the V.M. Salgaocar Foundation and the Salgaocar Sports Club are concrete expressions of the group's social concerns.

Drawing from the rich experience of an illustrious past, the Company has a clear vision for the future. This vision is backed by an enlightened leadership, a talented team of executives and a committed work-force, enhanced by modern technology and business practices.