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Vasantrao S. Dempo

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Vasantrao S. Dempo
Born
Vasantrao Shrinivas Sinai Dempo

(1916-02-04)4 February 1916[1]
Died9 November 2000(2000-11-09) (aged 84)
Occupations
  • Industrialist
  • philanthropist
Years active1941–1990s
Known forFounder and owner of Dempo Group, and Dempo S.C.
AwardsPadma Shri (1991)

Vasantrao Shrinivas Sinai Dempo (4 February 1916 – 9 November 2000) was an Indian industrialist and philanthropist, who founded the Dempo Group of Industries.[2] The mining business he founded in 1941 has now grown to include interests in shipbuilding, minerals, foods, iron and steel, education, travels and construction.[3] After annexation of Goa, he was amongst the richest people in India,[4] his family remains the wealthiest in Goa today.[5] His family were awarded a barony in Goa as landholders in 1873 by Luís I of Portugal.[6]

Career

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He was the founder of the Dempo S.C., a popular football club based in Goa, which he nurtured after acquiring the local club, Bicholim SC.[7] Vasantrao Dempo Reflective Chair, an endowment professorship at the Tepper School of Business of the Carnegie Mellon University is named after him and is funded by the endowment of Dempo Group.[8] Dempo Charities Trust, the philanthropic arm of the Group runs several educational institutions in Goa.[2][9] Dempo was a pioneer in Indian and European co-operation as globalization was taking off, forming the Centro de Estudos Voicuntrao Dempo (Voicuntrao Dempo Indo-Portuguese Centre, named for his brother Voicuntrao Dempo a member of Parliament in Portugal,[10] in 1987, with himself as President, Dr. Jose Rangel of Tipografia Rangel as Director and Adv. Manohar Usgaonkar as a Trustee.[11] The Government of India awarded him the fourth highest civilian honour of the Padma Shri in 1991.[12]

On 4 March 2016, a commemorative postage stamp was released in his honour.[13]

References

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  1. ^ "India Post Released Stamp on Vasantrao S Dempo | Phila-Mirror". philamirror.info. Retrieved 7 September 2017.
  2. ^ a b "Tributes paid to the great visionary Vasantrao Dempo". NavHind Times. 5 March 2009. Retrieved 14 October 2015.
  3. ^ "Our Companies". House of Dempo. 2015. Retrieved 14 October 2015.
  4. ^ "New breed of millionaires in Goa in the offing". India Today. 11 March 2014. Retrieved 26 March 2025.
  5. ^ "Srinivas Dempo only Goan to feature in India's rich list". The Goan EveryDay. Retrieved 26 March 2025.
  6. ^ Technologies, Sancoale (14 October 2000). "Kalpavriksha Family". The House of Dempo. Retrieved 26 March 2025.
  7. ^ "Dempo SC". Dempo SC. 2015. Retrieved 14 October 2015.
  8. ^ "Carnegie Mellon, Shrinivas V. Dempo Announce $3 Million Gift To Endow Chair at Tepper School of Business". Carnegie Mellon University. 2015. Retrieved 14 October 2015.
  9. ^ "S. S. Dempo College of Commerce & Economics". S. S. Dempo College of Commerce & Economics. 2015. Retrieved 14 October 2015.
  10. ^ CSR (24 April 2019). "Dempo H S School of Science named after Group Co-founder Voicuntrao Sinai Dempo". The House of Dempo. Retrieved 26 March 2025.
  11. ^ Rodrigues, Maria de Lourdes Bravo da Costa (2000). "The Status of Portuguese Language and Some Other Cultural Aspects in Goa". Lusotopie. 7 (1): 597–609.
  12. ^ "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Retrieved 21 July 2015.
  13. ^ "Postage Stamps:: Postage Stamps, Stamp issue calendar 2014, Paper postage, Commemorative and definitive stamps, Service Postage Stamps, Philately Offices, Philatelic Bureaux and counters, Mint stamps (unused stamps)". postagestamps.gov.in. Retrieved 7 September 2017.