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Faisalabad is as an industrial center with industries like processing mills, engineering, industrial goods, textile manufacturing including cotton and silk textiles, super phosphates, apparel and hosiery, industrial chemicals and dyes, pulp and paper, agricultural research and equipment, oil and ghee (clarified butter), and concentrated beverages.
Hyundai Nishat Motor (Private) Limited. Hyundai Nishat (Urdu: ہیونڈے نشاط) is a Pakistani automobile manufacturer based in Faisalabad, Pakistan. [2][3] It is part of Nishat Group. Hyundai Nishat is the authorized assembler and manufacturer of Hyundai vehicles in Pakistan and began production from its Faisalabad plant in 2019. [4][5]
Interloop Limited (Urdu: انٹرلوُپ لمیٹڈ) is a Pakistani textile manufacturer based in Faisalabad, Pakistan. [2] It supplies socks and leggings to retailers consisting of Nike, Adidas, H&M, Puma, Levi's, Reebok and Target. [3][4] The company has five hosiery manufacturing divisions, located in Pakistan, Bangladesh and Sri Lanka. [5]
Total assets. US$6 billion (2021) Number of employees. 43,000 (2021) Website. nishatmillsltd.com. Nishat Group (Urdu: نشاط گروپ) is a group of companies headquartered in Lahore, Pakistan. [1][2] The company was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mian Muhammad Mansha is the current chairman of the group.
Number of employees. 12,000. Divisions. Chenab Limited, Chen One and CGI Limited UAE. Website. Official website. Chenab Limited, commonly known as Chenab Group (Urdu: چناب گروپ), is a Pakistani conglomerate based in Faisalabad. [1] It was one of the largest exporters of home textile products from Pakistan before its default in 2013.
Pakistan is the eighth largest exporter of textile commodities in Asia. Its contribution to the economy is approximately 8.5% of the total GDP. The textile sector employs about 45% of the total labor force in the country. In 2017-2018, Pakistan exported $3.5 billion worth of cotton, accounting for 6.5% of the world’s total cotton exports.
24,000. Website. masoodtextile.com. Masood Textile Mills (MTM) (Urdu: مسعود ٹیکسٹائل ملز) is a Pakistani vertically-integrated textile manufacturing company based in Faisalabad. [1] It has yarn, yarn, knitting, fabric dyeing, processing, laundry and apparel manufacturing facilities. MTM is publicly listed on the Pakistan Stock ...
The idea of establishing a Textile Institute of world fame was conceived by a group of visionary industrialists in 1954. To realise this idea the Government of Punjab joined hands with the leading textile industrialists to form an Institute of Textile Technology in Faisalabad (then Lyallpur) and provided sixty-two acres of state owned land free of cost.