GSFC was incorporated in 1962 and its plants went into the 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 the joint sector, the first company to set up fertilizer plants within a short span of two years of getting requisite approvals. It was also 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 manufacturing of Ammonia.

GSFC has set up the first DAP fertilizer complex in India at Sikka, Jamnagar on the west coast of Gujarat. Its technical edge as well as engineering resources acquired during its very first decade have been catalysts in providing impetus to the expansion and diversification strategies spread over the next four decades.