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Masood Textile Mills was founded in 1984. In 2014 it posted a pre-tax profit of Rs 1.1 billion, which was 13% higher than its pre-tax earnings in the preceding year. Shanghai Challenge Textile Company acquired 24.3% shares in Masood Textile Mills in a privately negotiated deal. [2] [3] It later acquired 52% stake of the company. [4]
Ruyi Masood Textile Park is an integrated industrial-textile park located in M-3 Industrial Estate in Faisalabad, Punjab province of Pakistan. [1] [2] References
The All Pakistan Textile Mills Association (APTMA) is an association for Textile industry in Pakistan.APTMA represents over 400 textile mills in Pakistan. [2]The textile industry is Pakistan's largest industry and textile is the most important export of Pakistan. [3]
The textile and apparel industry is the major industry in Faisalabad. It is also responsible for almost 60-80% of the export revenue [ citation needed ] of Pakistan. The Faisalabad Chamber of Commerce and Industry (FCCI) and Pakistan Hosiery Manufacturers Association (PHMA) are the regulatory bodies for all textile and apparel manufacturers in ...
Burewala Textile Mills, acquired in 1957 from Pakistan Industrial Development Corporation and later merged into Dawood Lawrencepur Limited in 2004 [6] [7] Central Insurance Company, now known as Cyan Limited [8] [9] Dawood Mines, it was established with a paid-up capital of Rs. 0.5 million and was involved in coal mining [10] [11]
Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 637 exclusive retail shops [5] in the domestic market itself. [6] Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India.
Nishat Group's origins goes back to a leather business in Calcutta, British India, established by Mian Muhammad Yahya. [6] Following the partition of India in 1947, Mian Muhammad Yahya and his three brothers, Mian Hameed, Mian Rafiq, and Mian Ayub, founded Nishat Mills in Pakistan in 1951. [6]
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