Dewan Mushtaq Group
Encyclopedia
The 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. 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. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea. Dewan Salman Fiber ranks 11th in the world in total production capacity. The group owns three textile units, a motorcycle manufacturing concern and
the largest sugar unit in the country. Dewans also have business interests in India. They possess shares of Saudi Cement and Pak land Cement. They finance some 40 medical dispensaries and over a dozen schools, and fund roads/drinking water and Bio-energy infrastructures. Dewans are on their way building a $ 1O million SME Resources with IFC investment of $ 3 million.
The Dewan Mushtaq Group is listed on the Karachi stock exchange
. The group is divided up into the following segments:
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
. Its main fields of business cover textiles, sugar
Sugar
Sugar is a class of edible crystalline carbohydrates, mainly sucrose, lactose, and fructose, characterized by a sweet flavor.Sucrose in its refined form primarily comes from sugar cane and sugar beet...
, automobiles, polyester
Polyester
Polyester is a category of polymers which contain the ester functional group in their main chain. Although there are many polyesters, the term "polyester" as a specific material most commonly refers to polyethylene terephthalate...
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. 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. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea. Dewan Salman Fiber ranks 11th in the world in total production capacity. The group owns three textile units, a motorcycle manufacturing concern and
the largest sugar unit in the country. Dewans also have business interests in India. They possess shares of Saudi Cement and Pak land Cement. They finance some 40 medical dispensaries and over a dozen schools, and fund roads/drinking water and Bio-energy infrastructures. Dewans are on their way building a $ 1O million SME Resources with IFC investment of $ 3 million.
The Dewan Mushtaq Group is listed on the Karachi stock exchange
Karachi Stock Exchange
The Karachi Stock Exchange or KSE is a stock exchange located in Karachi, Sindh, Pakistan. It is Pakistan's largest and oldest stock exchange, with many Pakistani as well as overseas listings. Currently located in Stock Exchange Building on Stock Exchange Road, in the heart of Karachi's Business...
. 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
Sugar Manufacturing
- Dewan Sugar Mills Pvt Ltd Dewan City
- Dewan Khoski Sugar Mills Pvt Ltd Khoski
- Dewan Bawany Sugar Mills Ltd, Talhar
- Al-Asif Sugar Mills Ltd Garho
Textile Manufacturing
- Dewan Textile Mills Hyderabad
- Dewan Khalid Textile Mills Hyderabad
- Dewan Mushtaq Textile Mills
- Dewan Farooque Spinning Mills
Cement Manufacturing
- Dewan Cement (Ex-Pakland Cement)
- Dewan Cement (Ex-Saadi Cement)