SOCIEDADE DE FOMENTO INDUSTRIAL PVT. LTD.

Fomento group of companies is a leading producer of iron ore from goa, for last 5 decades and accounts for an export of 1.5 million tons of iron ore per year which is nearly 3% of india?s current annual iron ore exports.

Fomento has, over the last three decades, established strong associations with major japanese steel mills. Fomento group of companies operates from goa, india, having iron ore operations in goa as well as in karnataka.

Improved facilities for run-of-mine extraction, beneficiation plants equipped with modern technology to produce iron concentrates of higher grades, meticulous quality control, timely management projections, a team of dedicated personnel, all attribute to the company?s success to meet the ever growing demands of the world steel industry.

The company?s processed iron ore products are as follows:

With restriction

62% fe 60%fe 58%fe

Fe 62%fe min.60%fe min.58%fe min

Al2o33.0% max.3.5% max.4.5% max sio24.0% max.5% max.6% max

P0.075%max.0.075%max.0.075% max

S0.05% max.0.05% max.0.05% max

H2o10% max.10% max.10% max

+ 10mm5% max.5% max.5% max

- 100

Mesh40% max.40% max.40% max

Honoured with the ?confederation of export units?(ceu) award in 1993-94 only proves fomento?s excellence in exports. Besides the core business of iron ore production and exports, the group has diversified in successful ventures, hospitality in the form of a luxurious five star beach resort, the cidade de goa, river fleet operations, tourism and training.