Nagina Group

Nagina Group

Type	Public corporation
Industry	textiles, energy, trading,
Founded	1972
Headquarters	Gulberg-III, Lahore, Pakistan
Key people	Shaikh Inam Ellahi, co-founder Shaukat Ellahi Shaikh, Shafqat Ellahi Shaikh, Shahzada Ellahi Shaikh, co-founder
Revenue	Rs. 832 million, $100 million USD (FY 2006)
Website	http://www.nagina.com/

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.

FORBES Global included the company in their list of "Best under a billion 200"^{[citation needed]}

External links

• Nagina website