MFS Intercorp Ltd. (Formerly known as Muskan Ferro Silicons Limited) was incorporated on January 14, 1986 as a Private Limited Company, The Company was converted into Public Limited Company on 14th May 1992.The Company was formed with an object to manufacture Ferro Silicon with a capacity of 5 M. Tons per day, but due to change in the demand pattern, the Company changed its product from Ferro Silicon to Silicon Manganese with an installed capacity of 13 M.T.