Tracing it's roots to way back in 1942, when Seth Pannalalji Kankariya set up his first cotton processing and Oil Mill in Rajasthan, FAITH is credited with being India's first integrated wax processing unit. FAITH Group of Companies has strived hard and has been successful in becoming India's only composite entity that manufacturers a range of value added wax based Performance Additives for various industrial sectors.
- FAITH Group started its first production of Paraffin Wax with BIS certification.
- FAITH Group added range of Microcrystalline Waxes in its product range and become the first producers of the same in India.
- As a next development FAITH Group put up the first Chlorinated Paraffin Wax plant in Gujarat State
- FAITH later started manufacturing specially designed for PVC lubricants and soon become the largest suppliers of the same in India.
- As a first diversification, FAITH started the manufacturing of new generation Hot Melt Adhesives.
- Sensing the spurt in Infrastructural Development in India, FAITH developed a new division in the company Traffic Safety System and ventured into the manufacturing and application of Thermoplastic Road Marking Paint
- FAITH was appointed as Official Converter by world leaders
 for Retro Reflective Signages and other products.
- FAITH added the manufacturing of world class PVC Stabilizers with instant recognition world wide.
- FAITH added a new product line of Epoxidised Soya Bean Oil at its Santej Unit.
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