GSFC was incorporated in 1962 and its plants went into production of fertilizers in 1967 In its very first decade of existence  GSFC became known for its path-breaking achievements  to name a few  it was the first industrial complex in the country set up in joint sector  first company to set up fertilizer plants within a short span of two years of getting requisite approvals  it was the first industrial project to secure direct and active equity participation of farmers  the first fertilizer unit to get assistance from IDBI's Assistance Fund  and the first Company to adopt the Steam Naphtha Reforming process for manufacture of Ammonia