Portfolio

Kashvi Power & Steel Pvt. Ltd.

  • Incorporated: 2009
  • Business Focus: Trading and exporting iron ore fines

Kashvi Power & Steel Pvt. Ltd, established in 2009, specializes in the trading and export of iron ore fines. The company primarily exports to China, sourcing minerals from regions such as Joda and Barbil in Odisha.

Export Milestones:

  • 2013-14: Became India's No. 1 iron ore fine exporter with a revenue of ₹535 crore
  • 2020-21: Ranked third among Indian iron ore exporters with 2.5 million tonnes exported
  • 2021: Exported 2.5 million tonnes of iron ore fines
  • Future Plans: Aiming to exceed 10 million tonnes in FY 2025-26

In the fiscal year ending in 2021, the company set a record by exporting 2.5 million tonnes of iron ore fines and plans to surpass 10 million tonnes in FY 2025-26. Notably, during the financial year 2013-14, it emerged as India's top iron ore fine exporter, generating revenue of ₹535 crore. By 2020-21, it ranked third among Indian iron ore exporters, reinforcing its significant presence in the market.

Expansion Plans:

  • Currently exporting manganese ore from the Siljoda-Kalimati Iron Ore & Manganese mines through MMTC Ltd. from Paradip Port.
  • This expansion will enhance the company's growing business capabilities.

To further enhance its operations, the company is in the process of exporting manganese ore from the auctioned Siljoda-Kalimati Iron Ore & Manganese mines via MMTC Ltd. from Paradip Port, adding new dimensions to its business capabilities.



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