Gul Ahmed and Al Karam Essay Example

decided to utilize its know-how and experience by entering the field of manufacturing. As a result, Gul Ahmed textiles Limited was incorporated as a private limited company in 1953.

Gul Ahmad was established in 1953 as a private limited company with a capital of Rs eight million. It has now become a composite unit with 88,000 spindles, 108 air-jet looms, and 297 conventional looms. The group has also been involved in power generation and its directors have held prominent positions in textile bodies and export committees. They have also played a role in assisting the government of Pakistan during important negotiations with the EU and US. The group is currently preparing to launch Excel Insurance Company after completing all necessary licenses and documentation.

In 1972, the Gul Ahmed Group was listed on the Karachi Stock Exchange. Bashir Ali Mohammad, born on February 6, 1947, is a prominent business leader in Pakistan. He serves as the chairman of both the Gul Ahmed Group and the Pakistan - Britain Advisory Council. Bashir Ali Mohammad's father, Haji Ali Mohammad, was a well-known memon philanthropist and entrepreneur who introduced Pakistan's first national branded drink, Pakola. As the chairman of the Gul Ahmed Group, Bashir Ali Mohammad's main business interests include Gul Ahmed Textile Mills Limited, Gul Ahmed Energy Limited, Metropolitan Bank Limited, Swisstex Chemicals (Pvt) Limited, and Arwen Tech (Pvt) Limited.

Bashir Ali Mohammad is known for his contributions in assisting government delegations during negotiations in foreign countries. He has previously served as the chairman of All Pakistan Textile Mills Association and as a member of the Export Promotion Bureau of Pakistan. While Bashir Al Muhammad

leads Gul Ahmad, Umar Haji Karim controls the Al-Karam faction. In addition to being one of the largest textile concerns in Pakistan, Al-Karam also produces high-quality yarn and owns Amna Industries, Orient Textiles, Imran Crown Cork, Gul Agencies, Dabheji Salt Works, and Pakistan Synthetics.

The Al Karam group, established in March 1986, aims to be a global provider of creative textile solutions. It also operates Pakistan Dairy Products Limited. Under the leadership of Moeen Qureshi, Alt Muhammad became Vice Chairman of Export Promotion Bureau. Our company manufactures and supplies unique fabric for clothing, home, and industrial markets, serving clients worldwide.

Al Karam is a textile factory with a constructed area of over one million square feet. It has the capacity to fulfill small, medium, and large-scale orders. Over the years, AL-KARAM has grown into a full-scale factory with skilled employees and modern technology. Under the name "Ideas by Gul Ahmed", the company has founded a chain of retail outlets. Additionally, the group owns Swisstex Chemicals (Private) Limited, a large chemical distribution company with exclusive rights to supply Ciba Speciality Chemicals in Pakistan. The group has also expanded into the information technology sector and invested significantly in Arwen Technologies, which was featured in the 9 May 2005 issue of Business Week for its role in Pakistan's outsourcing sector. Due to their association with the Pakola beverage, his family is known as Pakolawala’s. He is also a member of the fund raising board for Aga Khan University Hospital.

The family is well-known for their generosity and conservative nature in Pakistan. They continue to support the people through their charitable institutions, particularly in the establishment

of medical centers and provision of funds for education and housing. Additionally, the Gul Ahmed Group is recognized for creating numerous employment opportunities for the public. A recent achievement for Bashir Ali Mohammad includes being awarded the Sitara-e-Imtiaz, the highest civilian honor, by Pakistan's President Musharraf.