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Organisation

Organization

The company has employed 1224 Staff and Mazdoors and is one of the leading mining industry of the State. In addition to mining and quarrying, Karnataka State Minerals Limited is owning a mineral based Stone Ware Pipe Factory at Bageshpura and also a 100% Export Oriented Unit, Granite Cutting and Polishing Unit at Hassan(non -working at the present). 

The following are the major minerals Produced and Marketed by Karnataka State Minerals Corporation Limited.

  • Chromite
  • IronOre
  • Limestone
  • Dolomite
  • Magnesite
  • China Clay
  • Aluminous Clay
  • Quartz
  • Feldspar
  • Bauxite
  • Dunite
  • Manganese (closed on account of F.C. Act, 1980)

Similarly, the following are the major colored granites produced by KSMCL.

  • Ruby Red(llkal)
  • Fish Belly(Mudgal)
  • Multicolour(Kanakapura)
  • Juprana(Kanakapura)
  • Hassan Granite(Chamarajanagar and Kanakapura)
  • Chocolate Brown(Badanahatti)
  • Pink Panther(Koppal)

In the present growing financial status of the company, its inbuilt technical know how, implementation of corporate strategy and good governance with its strength of possessing fairly good Mining Leases and opportunity of demand in the market for various minerals products, the company can go a long way in achieving self sufficiency and sustainance.

Company Profile

Karnataka State Minerals Corporation Limited, a Government of Karnataka undertaking was incorporated under the Companies Act in 1966 and taken over the assets of the board of Mineral Development with a main aim to exploit the available mineral resources in various regions of our state to cater to the needs of local industry and to create employment opportunity of the mineral regions also is the objective of achieving the Social and Economic obligation of the State in the Mining Sector.

Karnataka State Minerals Corporation Limited is engaged in scientific and eco-friendly exploration, exploitation and marketing of various minerals in the State of Karnataka.

At present Karnataka State Minerals Corporation Limited has 40 Mining Leases covering an area of 5377.83 hectares and 38 quarry leases covering an area of 294.30 acres for various minerals and granites as mentioned above.

In the present growing financial status of the company, its inbuilt technical know how, implementation of corporate strategy and good governance with its strength of possessing fairly good Mining Leases and opportunity of demand in the market for various minerals products, the company can go a long way in achieving self sufficiency and sustainance.

The corporate strategy to operate the mines and quarries, profitability has been formulated and implemented.

With the dynamic modification of business strategy, based on the changing scenario the company poised to achieve a turnover of Rs.111.184 crores during 2004-2005, Rs. 197.100 Crores during 2005-06, Rs. 172.77 Crores during 2006-07, Rs. 334.966 during 2007-08, Rs. 268.316 Crores during 2008-09 and Rs. 306.660 Crores during 2009-10.

Training programmers are being conducted to motivate as well as multi-skill the personnel.

The company is one of the largest producers of chromite, Magnesite, Limestone, dolomite, Iron Ore, clay and Granite in the state.

The company’s last three years production & sales 

With the above production and market strategy of the company could able to make profit.

 

Last Updated: 20-08-2019 03:49 PM Updated By: Rajashekar bullapur Approver


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