Jigme Industries Private Limited

M/s Jigme Industries Pvt.Ltd.

History:

After obtaining the mining lease of the Chunaikhola dolomite mines at Pagli under Samtse Dzongkhag, Dasho Ugyen Dorji, Chairman also established M/s Jigme Industries Pvt. Ltd. in June, 2005 as subsidiary company of M/s Jigme Mining Corporation Ltd. to carry out manufacturing process of dolo based products.

Vision & Target:

To be recognized for excellence in industrial entrepreneurship in mineral based industries. The Management aims to enhance production capacity to 2 million MT per annum by the end of year 2010 keeping in line with the policy of the RGoB & supply meeting International Standards & customer’s requirements.

Core Value, principle/purpose:

Most efficient usage of Low Silica Dolomite to  produce various assorted sizes in order to capture the market of Low Silica Dolomite in India in totality.

Products and Services:

The dolomite boulders are crushed and screened to produce assorted sizes of dolomites as per the market demand. The products are lumps (25-50mm), chips (10-25 mm, 5-25 mm, 5-12 mm &1-5 mm) & 60-80 mesh. The chips (1-5 mm) is dispatched to Powder Plant and pulverized to fine powder of 80-100 mesh.The chips & lumps are sent to different steel plants, ferro alloys plants & sponge iron plants as flux & refractories in India. The powder is used in agriculture especially in tea gardens to reduce the pH vaue of the soil.It is also used in fishery, paint and fertilizer industries.

Commitments:

  • producing &supplying low silica dolomite in accordance with the policy of RGoB.
  • Maintaining quality & sizes of products as per the requirement of the customers following the relevant international standards.
  • Improving the effectiveness of the system to continually enhance customer satisfaction.
  • 100% on time delivery.
  • Maintaining zero level of end user complaints.

Chairman:

As a Lessee of dolomite mine, Chairman Dasho Ugyen Dorji of Lhaki Group of Companies is one of the oldest in the Country having vast experience since September, 1974 till date, of mining dolomite & supplying the mineral in bulk quantities to most of the consumers in India.

Dasho Ugyen Dorji has held several prestigious portfolios at the highest level in Bhutan.

1. The Dy. Speaker of National Assembly (one tenure)

2. The Speaker of National assembly(two tenure)

3. The President of Bhutan Chamber of Commerce & Industry

4. Director in Financial Institutions.

He is the Founder Promoter & majority shareholder of all the Companies under the umbrella of Lhaki Group. It would be prudent to mention that Dasho Ugyen Dorji is a pioneer in dolomite mining in Bhutan. Since 1974 to 2004, Dasho had taken several dolomite mining on lease like Kale sore mine at Phuentsholing, Sunargaon Mines at Pagli in the name of erstwhile Bhutan Mining Enterprise & Jigme Mining Enterprise by auction.

Promoters/Co-Promoters & Share Holding pattern:

1. Dasho Ugyen Dorji                      – 40%

2. Dasho Ugen Tshechup               – 40%

3. Mr Rinzin Ongdra Wangchuk-20%

4. M/s JMCL                                       – 51%

Corporate Leaders (Directors):

1. Dasho Ugyen Dorji

2. Aum Dechen Jamyang

3. Mr.Rinzin Ongdra Wangchuk

Company Head (Management):

A team of professional management led by the Vice Chairman, Mr.Sonam Tobgay Dorji, an MBA from Australia having a decade of experience in General Management, manages the Company duely assisted by Mr. Phuntsho Wangyel Dorji, CEO. He has successfully led his team to harness their full potential. The team consists of professionals & technocrats in Mining, Mechanical, Electrical Engineering & marketing.

Revenue Earned:

Year

Total Turn Over

Sales Turn Over

Gross Block (asset)

PAT

2005

88721312.81

88721312.81

32214635.78

6196054.08

2006

207397820.90

207397820.90

41217733.02

32313696.94

2007

331196959.29

331196959.29

49752307.48

31323397.11

Quality assurance & certification: An ISO 9001:2000 & ISO 14001: 2004 certified manufacturing Comapany situated in Pagli Bhutan, 18 kms from the nearest Indian town, Birpara.

Environment responsibilities:

1. To minimize the negative impact on environment while crushing &sizing the dolomite.

2. To protect the environment by preventing pollution and improving greenery.

3. To comply with the applicable environmental, leagal & other requirements and continually improve the environmental performance by achieving the set targets.

Social responsibilities & cost incurred:

1. Employment & business opportunities are created & provided for the local people and others from close vicinity in Samtse Dzongkhag.

2. Local public are benefitted from construction & development of roads, river protection walls,

Check dams etc, taken up by the Company.

3. Selected national candidates from the job fair are being trained in mining & given employment opportunities.

Social Cost            Road Protection Wall TC, Medical & Staff Welfare

2005                     6977858.81                        2722000.00                                       373748.69

2006                         -                                    187663.95                                           946145.82

2007                          -                                    -                                                        1565393.60

Number of Employees:

Regular

Male

Female

Total

National

126

8

134

Non-Bhutanese

21

0

21

Total

147

8

155

Cost to Employees (include ratio to operating cost):

2005 2006 2007

2699808.34                       7906886.41                        12573811.58

0.03 %                                  0.04 %                                  0.04 %

Career Opportunities (employment):

As the Management has a plan in hand to increase production capacity by 2 million MT to 2010 end, employment opportunities for technicians, mill operators & management staff in different departments will be required.

Agents & Suppliers:

1. M/s Biringhee Commercial Pvt.Ltd (associated in supplying to Steel Plants under SAIL like Durgapur Steel Plant, Bokaro Steel Plant & Iisco Steel Plant).

2. M/s. Tata Refractories Ltd., Belpahar

3. M/s Subhadra Commercial Pvt.Ltd.

4. M/s Electro Steel Casting Ltd.

5. Mr. Basant Rathi

6. M/s Bikash Enterprise.

7. Mr. Bikash Goyal

8. M/s Jigme Polytex

9. M/s Kenpa Pvt.Ltd.

10. M/s Chhundu Enterprise

11. M/s Samdhen Dolomite

Rate & Prices: Chips & lumps are supplied @ nu.460/-, powder @ Nu.800/- and fines @ Nu.70/.

Contact addresses: 05-240158 & Fax # 05-240164

Submitted to ED, LGO, Thimphu for kind perusal.