- Chenab Group
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Chenab Group Type Public Traded as KSE: CLCPS Industry Textile
Fashion
RetailingFounded 1974 Founder(s) Haji Muhammad Saleem and Mian Muhammad Latif Headquarters Faisalabad, Pakistan Area served Worldwide Key people Mian Muhammad Latif - Chairman, Mian Muhammad Naeem - Director Marketing and CEO Chen One, Mian Javaid Iqbal - Director Operations Employees 12,000 Divisions Chenab Limited, Chen One and CGI Limited UAE Website www.chenabgroup.com Contents
Brief Intro
Chenab Group is one of Pakistans leading textile group and one of the largest exporters of home textile products from Pakistan. It was set up in 1974 as Chenab Fabrics & Processing Mills Limited and later converted to Chenab Limited. It was founded by Mian Muhammad Latif and his father Late Haji Muhammad Saleem who was a cotton industrilist in Toba Tek Singh District.
History
Mian Muhammad Latif, the group's chairman, laid the foundation by setting up a processing unit in Faisalabad later joined by his younger brothers Mian Muhammad Naeem and Mian Javed Iqbal. Chenab Group soon started exporting its products worldwide and by 1990s it started exporting to 35 countries worldwide.Chenab is a vertically integrated unit with having complete operation range from ginning to retailing.
Equipments
Chenab's textile unit processes and converts more than 70 million meters of fabric every years into made ups and garment products. Chenab is capable of producing all kinds of made ups and garments products. Chenab has 19,000 spindles at its Spinning unit with house space of 520,000 square feet (48,000 m2). Chenab's weaving unit is equipped with 120 airjet looms and 400 auto looms. Chenab's processing unit is considered one of the best in the counry with a complete processing range from dying to finishing. Chenab is also equipped with a stitching unit for ready mades and garments.
Other Businesses of the Group
Chenab Group also introduced concept of Chen One Stores in Pakistan and Middle East. Chen One is Pakistan's first home textile brand. Chenab Group also owns several other companies such as CGI Limited UAE, InterFab in Australia, ChenSoft and Chenab USA.
Management team
The group's chairman Mian Muhammad Latif was awarded with Tamgha-e-Imtiaz by the former President of Pakistan Pervez Musharraf. Mian Muhammad Naeem and Mian Javaid Iqbal the group's core directors also won businessman of the year award on several occasions from several Heads of State of Pakistan. Mian Latif's brother Chaudhry Muhammad Ashfaq (Director Procurement) was also awarded by WWF for producing most organic cotton bales in the world in 2009, Chaudhry Ashfaq is an ex-MNA, former District Nazim of Toba Tek Singh and Senior vice-President of PML-Q Punjab. Mian Latif's son Mian Farhan Latif is an ex-MNA(youngest member of 2002-2008 National Assembly) and now looks after processing unit of the business. Mian Latif and his family is considered 14 richest family of Pakistan according to a report issued by CBR in 2009.
Work for Environment
Chenab Group is an environment friendly Group. Chenab was the first textile mill in Pakistan to install a wastage water treatment plant which cleans the wastage water of the mill biologically,chemically and ensure pollution free wastage of water. The plant was bought from NIJHUIS Water Technology at Rs 700 million.
External links
Categories:- Companies listed on the Karachi Stock Exchange
- Companies established in 1974
- Textile companies of Pakistan
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