Vasudev Salgaocar Vasudev Salgaocar Vasudev M. Salgaocar (1916-1984) was an Indian businessman, and the founder and chairman of the V. M. Salgaocar Group of Companies, active mainly in iron ore mining, but also in coal mining and wind energy. He also founded Salgaocar Football Club in 1956, a professional football club who play in the I-League, are based in Vasco, Goa, and are owned by the V. M. Salgaocar Group of Companies. Since his death, the company has been led by his two sons, Shivanand V. Salgaocar, and Dattaraj V. Salgaocar, joint managing directors. His other son was Anil Vasudev Salgaocar (1940-2016).
Salgaocar F.C. of the original 12 clubs in the National Football League and finished 3rd in Group A but finished 7th in the Final Round. In the 2010–11 season Salgaocar played in the I-League which is India's biggest football competition. After 26 rounds, Salgaocar SC won the title and they qualified for the 2012 Asian Champions League qualifying round. On 29 September 2011, Salgaocar won their second trophy in four months by winning the 2011 Indian Federation Cup by beating East Bengal in the Final 3–1. This was the first time in Salgaocar history that they had completed a double of league