[citation needed][2] KRIBHCO was incorporated on 17 April 1980 as a national level Multi State Cooperative Society under the central ministry of cooperative by Paul Pothen to implement first gas based high capacity Fertilizer Complex consisting of 2 x 1890 MTPD Ammonia plants and 4 x 1662.5 MTPD Urea plants each with annual installed capacity of 8.91 Lakh MT Ammonia and 14.52 lakh MT of Urea at Hazira District-Surat, Gujarat, India based on natural gas from Bombay High/ South Bassein.

The Hazira Fertilizer Complex was subsequently revamped in 2013 to increase its production capacity by 4.65 LMTPA of Urea.

Expansion & Diversifications KRIBHCO has also made realignment in its corporate strategy and internal operations revamping to meet the challenges in the liberalized/globalized economy.

As a part of above initiative, KRIBHCO entered into overseas Joint Ventures, diversification into Power Sector, Logistics Business, Agribusiness, Green Energy etc In 2005, KRIBHCO’s Joint Venture project with Oman Oil Company came on stream in Sultanate of Oman.

KRIBHCO has diversified into power sector by investing in Gujarat State Energy Generation (GSEG).

Recently It has diversified into Agribusiness and Green energy by establishing two wholly owned Subsidiaries.

The society has three units to manufacture bio-fertilisers at Hazira (Gujarat), Varanasi (Uttar Pradesh) and Lanjha (Maharashtra).

KRIBHCO is also marketing high yielding Hybrid seeds of various crops like Bt Cotton.

Organic Agriculture has emerged as a feasible option to address concerns relating to land degradations.