BHUBANESWAR: Indian Metals and Ferro Alloys (IMFA), a leading manufacturer of ferro alloys, on Saturday celebrated its golden jubilee here. The foundation day coincides with the birthday of company’s Founder-Chairman Bansidhar Panda. At a function held at Jaydev Bhawan, the Founder-Chairman said, much before terms like value addition and corporate social responsibility (CSR) were included in the corporate lexicon, IMFA founders began working in the field. “In the past five decades, we have acquired significant competence in mining and power generation which we are now looking to leverage into standalone businesses. We are targeting a global footprint starting with acquisition of coal concession in Indonesia,” he added.As the chief guest, Governor MC Bhandare lauded the IMFA management for impressive periphery development and CSR activities.Even as Union Home Minister P Chidambaram and Chief Minister Naveen Patnaik were scheduled to attend the jubilee celebration, they could not do so for pressing engagements in Delhi and health condition respectively. The Governor felicitated the four recipients of the Professor Ghanashyam Dash Scholarship for Higher Education for meritorious students qualifying for professional courses like medical and engineering degrees. Going further in its commitment to society, IMFA has started extending scholarship to deserving children of poor families other than IMFA employees. Late Prof Ghanashyam Dash was a historian of international repute who was associated with several educational institutions after graduating from London University. He is father of late Ila Panda, Founder-Director of the IMFA Group. Around 210 employees of the company were also felicitated in the function for their dedicated service.
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