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The Pakistan Textile City, situated in Karachi, Sindh, is an industrial zone dedicated to textile processing and related industries. Established in 2009, it spans 1,250 acres, [ 1 ] and is strategically located within the North Western Industrial Zone of Port Qasim , just 6 km from the N-5 National Highway .
Political instability in East Pakistan led the family to move to Karachi in 1970, where they acquired the Sapphire Textile Mill in Kotri, Sindh, in 1971, and later used it as the group identity. [4] In 2003, Sapphire made an equity investment of Rs300 million in the unlisted associated company, Sapphire Finishing Mills Limited. [5]
Bibojee Group, also known as Ghandhara Group, is a group of companies headquartered in Karachi. It is among the major enterprises in Pakistan, incorporating businesses in manufacturing – textiles, automotive vehicles, tyres, insurance, and construction industries. [1] [2]
Valika Textile Mills was the first to locate here in 1947 and the founder of Pakistan Muhammad Ali Jinnah was asked to lay the foundation stone of it. [3] One of the international companies, for example, located at SITE Karachi is Exide Pakistan Limited which manufactures and markets automotive batteries. [6]
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]
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It is a whole-owned subsidiary of public limited company Sapphire Textile. [1] ... Pakistan. [3] History. Sapphire Retail was founded in 2014. ... Karachi; Hyderabad ...
In 2010, the Lucky One Mall Project was conceived as a joint venture between Lucky Textile Mills and Fazal Textile Mills. [6] To manage the construction, development, and maintenance of the project, a special purpose vehicle (SPV) named Lucky One (Private) Limited was formed in August 2010, following shareholder approval. [ 6 ]