PSU NEWS
KIOCL Celebrates its 44th Foundation Day
Bengaluru: The Pellet Production of KIOCL Limited, a Central PSE which manufactures and sells high quality of Iron oxide pellets has surpassed 2 million tonnes Pellet Production. Speaking on its 44th 'Foundation Day Celebration' held on 2nd April 2019 at KIOCL Mangaluru, Chairman -cum -Managing Director, Shri M V Subba Rao said, in the FY 2018-19, Company has produced 2.24 Million Tonne Pellet, surpassing the MoU target of 2.17 million tonnes, while the turnover was 1860 Crores, 15% higher than the FY 2017-18. He also said that KIOCL has entered into new markets like Peru, Japan, South Korea, Europe etc and established a strong market network.
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