Fecto Group of Industries
Encyclopedia
The FECTO Group of Industries is a business group in Pakistan. It was established in 1952. It is currently engaged in such areas of industrial enterprise as Sugar, Particle Board, Medium Density Fibre Board-MDF.
Fecto Group was founded by Ghulam Muhammad A. Fecto
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Bolstered by its initial successes, the group ventured into progressive manufacturing of agricultural tractors and farm equipment including agricultural implements of various types.
Another major milestone in the Group’s forward march was the establishment of a most modern and pollution-free cement plant with 2000 tons per day capacity. This also made way for the launching of such allied industries as two Paper Sack Units that are located not too far from the cement plant.
The Group manages two public-listed and Two private companies besides having substantial stakes in many other projects.
The Group currently employs about 1500 people.
Fecto Group was founded by Ghulam Muhammad A. Fecto
Ghulam Muhammad A. Fecto
Ghulam Muhammad Adamjee Fecto, the Founder and Chairman of FECTO Group of Industries was born in 1926 at Jetpur, in the Indian state of Gujarat, into a Sunni Hanafi Memon family. In Mumbai he started business from a small shoe shop. The shop is still there with the same name of Coronation Footwear...
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Directors
The following are the Directors of the Group:- Munawar Ali Fecto, Managing Director / CEO
- Kaiser Mahmood Fecto, Deputy CEO
An Engine of National Economic Growth
From 1970 onwards, the group has diversified its activities form trading to industrial production. This started with the acquisition of Adamjee (now FECTO) Sugar Mills Limited in early 1975, followed by the establishment of another sugar mill in 1978.Bolstered by its initial successes, the group ventured into progressive manufacturing of agricultural tractors and farm equipment including agricultural implements of various types.
Another major milestone in the Group’s forward march was the establishment of a most modern and pollution-free cement plant with 2000 tons per day capacity. This also made way for the launching of such allied industries as two Paper Sack Units that are located not too far from the cement plant.
The Group manages two public-listed and Two private companies besides having substantial stakes in many other projects.
Major projects of the Group
- Fecto Sugar Mills LimitedFecto Sugar Mills LimitedFecto Sugar Mills Limited is a Public Limited Company and is listed at Karachi, Lahore and Islamabad Stock Exchanges and is a part of Fecto Group of Industries.The Sugar Mill was acquired in 1975 by the Fecto Group...
- Fecto Boards (Private) Limited
- Ghulam Muhammad Fecto Foundation
The Group currently employs about 1500 people.