India
Panduronga Timblo Industrias (PTI), a subsidiary of the Panduronga Timblo Group, was founded in 1961 during the Portuguese regime and later registered under the Partnership Act of India in 1932. The company is one of the growing iron ore producers and exporters in Goa. PTI operates 16 leases, covering an area of 1114.82 hectares, and currently operates four mines. In this year, the company achieved an export volume of 1.6 million metric tons and plans for higher targets in the coming year. PTI possesses four river jetty facilities, two of which are located in the north and two in the south. The company is a member of the Mineral Foundation of Goa.
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