Company Overview
Founded in 1955 by Late Shri Durgaprasadji Saraf, expanded and diversified by Late Shri Umashankarji Agrawal, the eldest son of the founder and the Chairman & Managing Director of the Group. Ferro Alloys Corporation Limited, widely known as FACOR Group, today is one of the India's Largest and established producers and exporters of High Carbon Ferro Chrome/Charge Chrome worldwide, an essential ingredient for the manufacture of steel and stainless steel.
The Group that started its journey with a Ferro Manganese Plant in Shreeramnagar, Andhra Pradesh to produce Ferro Manganese, diversified into various types of Ferro Alloys. Further, it established a large Chrome Ore mining complex at Bhadrak in the State of Orissa followed by the first Charge Chrome plant in 1981. FACOR also diversified into alloys and steel production in Nagpur, Maharashtra.
FACOR Group exports its products to several countries like China, Germany, Korea, Japan, Italy, Netherland, Taiwan, Turkey and USA.
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Company Profile |
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| Ferro Alloys Corporation Limited (FACOR) incorporated in 1955 is one of the India's largest producers and exporters of Ferro Alloys, an essential ingredient |
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Expansion Plans |
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| The group plans to expand in the power sector and to capitalize on the opportunities in this sector, it has lined up major power ventures... |
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Beyond Business |
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| Alongwith strengthening its industrial activities, which include marketing, production and technology development, FACOR continuously.... |
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Investor Relations |
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| Creating value for our investors, partners, vendors and to the society at large, lies at the root of our fundamental business strategy... |
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