FINOLEX CABLES-New Joint Ventures

EPW Research Foundation GSFC Best Ever Performance A MAJOR player in the fertiliser industry, Gujarat State Fertilisers Company (GSFC) manufactures fertilisers, petrochemicals, chemicals and industrial products. While fertilisers (mainly phosphatic) contribute 58 per cent of total revenue, petrochemicals (especially caprolactam) contribute 30 per cent and industrial products account for the balance. With the decontrol of phosphatic and potassic fertilisers earlier, all the fertilisers manufactured by the company (except for urea) are out of price control. The Gujarat government holds a 42.2 per cent stake in this diversified company.