CM Gujarat Calls GNFC to Scale Projects 10x to ₹70,000 Cr by 2047
Synopsis
Key Takeaways
The Chief Minister's Office of Gujarat announced on Tuesday, 16 June 2026 that Chief Minister addressed Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) at its Golden Jubilee celebration, calling on the company to scale its current project portfolio tenfold — from ₹7,000 crore to ₹70,000 crore — by 2047, in alignment with the national vision of a 'Viksit-Atmanirbhar Bharat @ 2047'.
Context
The Chief Minister described GNFC's five decades of achievement as a unique story of contribution to Gujarat's development, farmers' prosperity, and the broader goal of a self-reliant India. The occasion was notable for coinciding with the completion of 12 consecutive years of Prime Minister Narendra Modi's governance, which the Chief Minister called a 'fortuitous convergence' with GNFC's Golden Jubilee. The post, shared in Gujarati, quoted the Chief Minister as saying: 'Viksit-Atmanirbhar Bharat @ 2047 na sankalp maa utkrusht yogdan' (outstanding contribution to the resolve of a Developed, Self-Reliant India by 2047).
The Chief Minister urged the entire GNFC family to treat this milestone as a call to action — to realise an ambitious capital expansion that would make the PSU a cornerstone of India's chemical and fertilizer self-sufficiency over the next two decades.
Policy Backdrop
GNFC was incorporated on 10 May 1976 as a joint venture between the Government of Gujarat and the Gujarat State Fertilizers and Chemicals Limited (GSFC), and has since grown into one of India's significant fertilizer and chemical PSUs. The Atmanirbhar Bharat framework, announced in May 2020, placed domestic fertilizer production and chemical sector self-reliance at the centre of national economic policy, reducing dependence on imports.
The Chief Minister credited Prime Minister Modi's governance approach with making PSUs more efficient, transparent, competitive, and profitable through professional management — a reform thrust pursued since 2014 across central and state public sector enterprises.
Stakeholders and Impact
The Chief Minister specifically praised GNFC's work in supplying high-quality fertilizers to farmers to boost agricultural productivity, and its efforts to make India self-reliant in the chemical sector while maintaining environmental standards. A particular highlight was GNFC's Neem Project, which the Chief Minister described as a 'Bhagirath' (extraordinary) effort — empowering more than 4.50 lakh women economically through neem-coated urea-related value-chain activities, advancing both social and economic development goals.
The dual focus on farmers and rural women as primary beneficiaries underscores GNFC's positioning not merely as an industrial enterprise but as a vehicle for inclusive rural development in Gujarat and beyond.
What's Next
The Chief Minister's call to expand GNFC's project portfolio to ₹70,000 crore by 2047 sets a long-range benchmark for the company's capital planning, investment pipeline, and capacity additions. Observers will watch for concrete project announcements, state budget allocations linked to GNFC's expansion roadmap, and progress reports on the Neem Project's women's outreach targets.
The alignment of GNFC's trajectory with the Viksit Bharat 2047 national vision signals that Gujarat's industrial PSUs are expected to serve as anchor institutions in India's journey toward becoming a developed, self-reliant economy within the next two decades.