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Yousuf Dewan Companies

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Yousuf Dewan Companies
FormerlyDewan Mushtaq Group
Company typeCorporate group
Founded1912; 112 years ago (1912)
FounderDewan M Mushtaq Farooque
HeadquartersKarachi, Pakistan
Key people
Dewan Mohammad Yousuf Farooqui (Chairman)
OwnerDewan Yousuf Farooqui
Number of employees
3,400 (2019)
Websiteyousufdewan.com

The Yousuf Dewan Companies (YDC) (Urdu: یوسف دیوان کمپنیز) is a group of companies headquartered in Karachi, Pakistan.[1]

History

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The conglomerate was founded in 1912 as Sh Dewan Muhammad Mushtaq.[1][2]

Companies

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The group owns the following companies:

Cement

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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.[3]

Dewan Hattar Cement Limited merged Dewan Cement Limited on 22-Oct-2007.[4]

Automotive

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Textile

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  • Dewan Textile Mills Limited (defaulter)[7]
  • Dewan Khalid Textile Mills Limited (defaulter)[7]
  • Dewan Mushtaq Textile Mills Limited (defaulter)[7]
  • Dewan Farooque Spinning Mills Limited (defaulter)[8]
  • Dewan Salman Fibre Limited (defaulter)[9]

Sugar

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  • Dewan Sugar Mills Limited (defaulter)[10]

Educational institutes

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The group owns the following educational institutes:

References

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  1. ^ a b Saad Hasan (11 May 2014). "The rise and fall of Dewans". The Express Tribune. Retrieved 23 August 2020.
  2. ^ "Dewan Mushtaq Group". 13 July 2001. Archived from the original on 21 February 2009. Retrieved 23 August 2020.
  3. ^ "Dewan Cement Limited". Business Recorder. Retrieved 6 June 2020.
  4. ^ "Merger Information" (PDF).
  5. ^ Dewan Motors Wins BMW Award Newsweek (Pakistan) website, Published 25 May 2017, Retrieved 23 August 2020
  6. ^ "Members – PAMA – Pakistan Automotive Manufacturers Association".
  7. ^ a b c "Dewan group may merge cos in DSFL". DAWN.COM. 11 June 2002.
  8. ^ Research, B. R. (28 March 2024). "Dewan Farooque Spinning Mills Limited". Brecorder.
  9. ^ "Dewan Salman Fibre". DAWN.COM. 26 January 2003.
  10. ^ Dewan Sugar Mills Limited Business Recorder, Published 20 August 2020
  11. ^ "SBBDU | Home". www.sbbdewanuniversity.edu.pk. Retrieved 28 May 2020.
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