Yousuf Dewan Companies
Dewan Mushtaq Group is an industrial group based in Pakistan. Its main fields of business cover textiles, sugar, automobiles, polyester staple fibre and equity participation in a private bank. The group is owned by Dewan Yousuf Farooqui. The mentor of this group has been the Sindh Minister for Local Bodies, Industries, Labour, Transport, sanitation, Mines & Minerals[citation needed]. The Dewan Mushtaq Group is one of Pakistan's largest industrial conglomerates in sectors like polyester acrylic fiber, manufacturing and automotives. Six of their companies are listed at the Karachi Stock Exchange[citation needed]. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea[citation needed]. Dewan Salman Fiber ranks 11th in the world in total production capacity[citation needed]. The group owns three textile units, a motorcycle manufacturing concern and the largest sugar unit in Pakistan [citation needed]. Dewans also have business interests in India. They possess shares of Saudi Cement and Pak land Cement[citation needed]. They finance some 40 medical dispensaries and over a dozen schools, and fund roads/drinking water and Bio-energy infrastructures[citation needed]. Dewans are on their way building a $10 million SME Resources with IFC investment of $3 million[citation needed]. Dewans are among few thriving Urdu speaking business houses in Pakistan [1]
The Dewan Mushtaq Group is listed on the Karachi stock exchange. The group is divided up into the following segments:
Automobile manufacturing
- Dewan Farooque Motors Pvt Ltd Dewan City
- Dewan Automotive Engineering HUB Karachi
- Dewan Motorcycles HUB Karachi
- Authorized Distributor of BMW Cars in Pakistan
- Delta innovations Limited
Polyester staple fibre manufacturing
- Dewan Salman Fibre Ltd.
- Dewan Chemicals
Sugar manufacturing
- Dewan Sugar Mills Pvt Ltd Dewan City
- Dewan Khoski Sugar Mills Pvt Ltd Khoski
- Dewan Bawany Sugar Mills Ltd, Talhar
Textile manufacturing
- Dewan Textile Mills Hyderabad
- Dewan Khalid Textile Mills Hyderabad
- Dewan Mushtaq Textile Mills
- Dewan Farooque Spinning Mills
- Dewan Weaving Mills Hyderabad
Cement manufacturing
- Dewan Cement (Ex-Pakland Cement)
- Dewan Cement (Ex-Saadi Cement)
References
- ^ Saad Hasan (12 May 2014). "Rise and Fall of Dewans". Tribune. Retrieved 7 August 2014.