Saraf Family, the Pioneers in Ferro Alloy Manufacturing industry in India, have started their first unit in a thinly populated with lesser than 500 residents and tiny village called GARIVIDI, in a remote and backward revenue district VIZIANAGARAM in Andhra Pradesh State in 1956. Within two decades from then, a modern township in a 250-Acre land was built by FACOR, with all the amenities including cable TV/Video facility expected from a cosmopolitan city. A green belt was developed in about 100 Acres. 1100 residential quarters for the benefit of employees and officers, fully furnished with continuous water and power supply at free of cost, were built and provided. FACOR was the first to extend satellite doordarsan facility in the township in early eighties, when none in revenue districts of AP state had.

This township has been named after the main pillar of the family as SHREERAMNAGAR.. Several play grounds, children parks are provided besides facilities for games like football, cricket, shuttle badminton and volleyball etc. FACOR’s focus areas in terms of CSR initiatives are health, welfare, education, communal harmony and recreation of the employees and their family members, besides sharing with outside public in the surrounding area.

The founder of the company Seth Durga Prasad Saraf lived up to the Gandhian philosophy of life, ‘ share a part of your wealth with people’ for betterment of their living standards. Guided by spirit of the founder, his son Mr.R.K.Saraf, the Chairman & Managing Director of FACOR has been quite instrumental and leading in realizing the goals of corporate social responsibility. Thus came into being various welfare projects such as Educational Institutions, Hospitals, community Hall, drinking water supply facilities, recreation and sports clubs and Places of worship for the public in the township.

The founder of the company Seth Durga Prasad Saraf lived up to the Gandhian philosophy of life, 'share a part of your wealth with people' for betterment of their living standards. Guided by spirit of the founder, his sons leading the reins have been quite instrumental in realizing the goals of Corporate Social Responsibility. Thus came into being various welfare projects such as Educational Institutions, Hospitals, community Hall, drinking water supply facilities, recreation and sports clubs and Places of worship for the public in the township. Shreeram Vidyapeeth runs educational institutions offering KG to PG courses of high standard benefiting 2000 students every year. About ninety percent of the students are from public and are receiving the best educational facilities comparable to any other in AP state, at free of / nominal cost.

The management is running English Medium School by name SGS High School affiliated to CBSE syllabus. This School expanded its services and is running a Cricket Academy for the benefit of the school going children in tie with SPORTS EDUCATION DEVELOPMENT INDIA LIMITED, (SEDIL) MUMBAI and AUSTRALIA CRICKET ACADEMY since 2016. About 200 students are getting trained in this field and some of them are selected for District/State level cricket Matches too

FACOR supported the executives of the company besides the local elite to start a Lions Club of Shreeramnagar, a voluntary service organization. Several Welfare projects such as Construction of school buildings, railway station approach road, bus shelters, Development of burial grounds with beautiful gardens and requisite facilities, Periodical health checkup camps and free medical treatment to the poor in the villages around are being organized by this club with the patronage from FACOR. This club has constructed a permanent service project called LIONS SULABH COMPLEX at a cost of Rs 6.0 Lac in the year 2011 in Garividi Village for the benefit of the public male and female citizens separately and is running the same in coordination with the local panchayat.

This club also runs a full fledged OEU Lions Eye Hospital with the infra structure and land donated by FACOR. This hospital is backed by qualified and experienced medical officers and para- medical staff besides full-fledged surgical and mobile medical treatment facilities and an eye bank. Several thousands of poor persons with partial/total blindness and serious eye ailments particularly living in the rural villages of north Andhra region, have been benefited free of cost every year. This eye hospital is rated one of the best in the state and won several laurels at the state, national and international lionistic forums. This hospital celebrated its Silver Jubilee in 2006. Our Eye Hospital is fully equipped and experienced Doctors and serving the needy in this rural area with corporate hospital level facilities at a nominal cost and at free of cost to the poor patients.