Yousuf Dewan Companies

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Yousuf Dewan Companies
FormerlyDewan Mushtaq Group
Founded1912; 112 years ago (1912)[1]
FounderDewan M Mushtaq Farooque[2]
HeadquartersKarachi, Pakistan
Key people
Dewan Mohammad Yousuf Farooqui (CHAIRMAN)
OwnerDewan Yousuf Farooqui
Number of employees
3,400 (2019)[3]
Websiteyousufdewan.com

The Yousuf Dewan Companies (YDC) (یوسف دیوان کمپنیز) is a conglomerate company based in Karachi, Pakistan.[2] It is currently owned by the former Sindh Finance Minister, Dewan Mohammad Yousuf Farooqui.[4] It was previously known as Dewan Mushtaq Group.[2]

History[edit]

The conglomerate was founded in 1912 as Sh Dewan Muhammad Mushtaq.[2][5]

Companies[edit]

The group owns the following companies:

Cement[edit]

Dewan Karachi Plant established in 1982, having total capacity of 5880 tons/day. Dewan Hattar Plant established in 1995, having total capacity 3780 tons/day. Yousuf Dewan Companies acquired the Pakland Cement Limited, Karachi and Saadi Cement Limited, Hattar on May 17, 2004.[6] Dewan Hattar Cement Limited merged Dewan Cement Limited on 22-Oct-2007.[7]

Automotive[edit]

Textile[edit]

  • Dewan Textile Mills Limited (defaulter)[13]
  • Dewan Khalid Textile Mills Limited (defaulter)[14]
  • Dewan Mushtaq Textile Mills Limited (defaulter)[15]
  • Dewan Farooque Spinning Mills Limited (defaulter)
  • Dewan Salman Fibre Limited (defaulter)

Sugar[edit]

  • Dewan Sugar Mills Limited (defaulter)[16]

Educational institutes[edit]

The group owns the following educational institutes:

References[edit]

  1. ^ "history". www.yousufdewan.com.
  2. ^ a b c d Saad Hasan (11 May 2014). "The rise and fall of Dewans". The Express Tribune (newspaper). Retrieved 23 August 2020.
  3. ^ "Home". www.yousufdewan.com.
  4. ^ "our team". www.yousufdewan.com. Retrieved 28 May 2020.
  5. ^ "Dewan Mushtaq Group". 13 July 2001. Archived from the original on 21 February 2009. Retrieved 23 August 2020.
  6. ^ "Dewan Cement Limited". Business Recorder (newspaper). Retrieved 6 June 2020.
  7. ^ "Merger Information" (PDF).
  8. ^ Dewan Motors Wins BMW Award Newsweek (Pakistan) website, Published 25 May 2017, Retrieved 23 August 2020
  9. ^ "DMPL". www.yousufdewan.com. Retrieved 28 May 2020.
  10. ^ "Dewan Automotive Engineering Company Profile: Stock Performance & Earnings | PitchBook".
  11. ^ "Members – PAMA – Pakistan Automotive Manufacturers Association".
  12. ^ "DFML". www.yousufdewan.com. Retrieved 28 May 2020.
  13. ^ "DEWAN TEXTILE MILLS LIMITED | JamaPunji".
  14. ^ "DEWAN KHALID TEXTILES MILLS LIMITED | JamaPunji".
  15. ^ "DEWAN MUSHTAQ TEXTILE MILLS LIMITED | JamaPunji".
  16. ^ Dewan Sugar Mills Limited Business Recorder, Published 20 August 2020
  17. ^ "SBBDU | Home". www.sbbdewanuniversity.edu.pk. Retrieved 28 May 2020.

External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Yousuf_Dewan_Companies&oldid=1218740749"