Nagina Group is a
public corporation based in
Pakistan that manufactures a wide variety of
textile products. Founded in 1972 by Inam Ellahi Shaikh and Ashan Ellahi Shaikh, it was listed by
Forbes Magazine as the best-performing company with less than US$1 billion in revenue in 2003.
History
The Nagina Group began as a single company, Nagina Mills Limited, established by Shaikh Inam Ellahi and Ashan Ellahi Shaikh in 1967. Focusing on the production of
cotton yarn, it grew with the acquisition of
tanneries,
factories that produced shoes and ice, and Pakistan's largest
jute mill. These assets were lost, however, when
East Pakistan separated from the Pakistani Federation to become
Bangladesh in 1971.
The company reformed in 1971 as the Nagina Group, consolidating its assets under a single
umbrella organization. The group currently manages Nagina Cotton Mills Limited, Ellcot Spinning Mills Limited, and Prosperity Weaving Mills Limited. Together, the facilities hold approximately 100,000 modern
spindles, and produce forty-eight million pounds of carded and combed yarn annually.
Nagina Group also operates three private
power plants to provide electricity for its mills. The installed capacity of its generators is 30.57
Megawatts. Excess energy is sold to other industrial facilities in the area.
Nagina Cotton Mills Limited is the mother company of the Group, established in 1967. The company operates spinning machinery comprising 47,040 Spindles with related process machines.
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