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Mian Muhammad Latif

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Mian Mohammed Latif
Born (1952-08-28) 28 August 1952 (age 72)
CitizenshipPakistani
OccupationFounder of the Chenab Group
ChildrenMian Farhan Latif
Mian Faisal Latif
Mian Rizwan Latif
Mian Zeeshan Latif (sons)
RelativesChaudhry Muhammad Ashfaq (brother)

Mian Muhammad Latif (Template:Lang-ur) is a Pakistani businessman who is the founder of Chenab Group.[1][2] He is the father of Pakistani politician Mian Farhan Latif.

Early life and career

Mian Muhammad Latif was born in 1952 in Toba Tek Singh to an Arain family. His father Haji Muhammad Saleem was a cotton industrialist and an entrepreneur. He later moved to Faisalabad for studies and after graduating in 1974, he started textile business by setting up a small processing unit that has, over the years, become one of the largest vertically integrated textile group of Pakistan known as Chenab Group. This business group's industrial units are involved in cotton yarn spinning, fabric weaving as well as fabric stitching processes.[3] Chenab Group processes 50 million square meters of weaved fabric and 75 million square meters of dyed fabric every year. It has established a global sales network in all the continents of the world. This group is mainly engaged in manufacture and distribution of clothing, furniture, household quilts and curtains.[3]

In 1997, Mian Latif introduced the concept of ChenOne retail stores in Pakistan which was the first direct retail outlet concept for a large manufacturer in Pakistan.[4] The venture turned out to be successful and today has a good reputation and is a well-known brand inside and outside Pakistan.[4]

Awards and recognition

Mian Latif was awarded with Tamgha-e-Imtiaz civil award (Medal of Excellence) by President Pervez Musharraf, on 23 March 2004, for his services to the industry.[5] He had been a close friend of many Pakistani politicians including Benazir Bhutto, Pervez Musharraf, Shaukat Aziz and Yousaf Raza Gillani. His younger brother Chaudhry Muhammad Ashfaq is an ex-MNA (Member of National Assembly or Parliament) and a former 'District Nazim' of Toba Tek Singh. His son Mian Farhan Latif was the youngest MNA during PML-Q (Pakistan Muslim League party) tenure of 2002-2008. He had also been awarded the 'Businessman of the Year Gold Medal' by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) for investment, industry and trade consecutively during the years 1998 to 2002.

References

  1. ^ Profile of Mian Muhammad Latif on the 'Pakistan's Rich List of 2008 Published 8 December 2007, Retrieved 21 September 2020
  2. ^ Naqvi, Hassan (10 February 2020). "Neck-deep in debt, is ChenOne and its parent company about to make a comeback?". Profit by Pakistan Today. Retrieved 26 October 2022.
  3. ^ a b "Chenab Limited :: Home". www.chenabgroup.com. Retrieved 8 May 2020.
  4. ^ a b 'Textile industry has the largest potential to boost Pakistan's exports', interview with Mian Muhammad Latif on Pakistaneconomist.com website Published 16 October 2000, Retrieved 21 September 2020
  5. ^ Tamgha-e-Imtiaz Award (Medal of Excellence Award) info listed on Dawn (newspaper) Published 14 August 2003, Retrieved 21 September 2020