Inauguration of Sindri Fertilizer Factory on 2 March 1951, was the first Government owned company. It came into being in December 1951 as the first Public Sector Company in India.
In his inauguration speech, the then Prime Minister of India, Jawahar Lal Nehru said that he was not just inaugurating a fertilizer factory but he was inaugurating a temple of modern India. The Company Sindri Fertilizers and Chemicals Limited was merged in January 1961 with another fertilizer manufacturing company Hindustan Chemical and Fertilizers Limited floated by the Government of India in July 1959 to form a bigger Company the Fertilizer Corporation of India Limited.
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