Yousuf Dewan Companies
FormerlyDewan Mushtaq Group
Founded1912 (1912)[1]
FounderDewan M Mushtaq Farooque[2]
HeadquartersKarachi, Pakistan
Key people
Dewan Mohammad Yousuf Farooqui (CHAIRMAN)
OwnerDewan Yousuf Farooqui
Number of employees
3,400 (2019)[3]
Websiteyousufdewan.com

The Yousuf Dewan Companies (YDC) (یوسف دیوان کمپنیز) is a conglomerate company based in Karachi, Pakistan.[2] It is currently owned by the former Sindh Finance Minister Dewan Mohammad Yousuf Farooqui.[4] It is previously known as Dewan Mushtaq Group.[2]

History

The conglomerate was founded in 1912 as Sh Dewan Muhammad Mushtaq.[2][5]

Companies

The group owns the following companies:

Cement

  • Dewan Cement Limited
  • Pakland Cement, 1984

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.[6] Dewan Hattar Cement Limited merged Dewan Cement Limited on 22-Oct-2007.[7]

Automotive

Textile

  • Dewan Textile Mills Limited (defaulter)[13]
  • Dewan Khalid Textile Mills Limited (defaulter)[14]
  • Dewan Mushtaq Textile Mills Limited (defaulter)[15]
  • Dewan Farooque Spinning Mills Limited (defaulter)
  • Dewan Salman Fibre Limited (defaulter)

Sugar

  • Dewan Sugar Mills Limited (defaulter)[16]

Educational institutes

The group owns the following educational institutes:

References

  1. ↑ "history". www.yousufdewan.com.
  2. 1 2 3 4 Saad Hasan (11 May 2014). "The rise and fall of Dewans". The Express Tribune (newspaper). Retrieved 23 August 2020.
  3. ↑ "Home". www.yousufdewan.com.
  4. ↑ "our team". www.yousufdewan.com. Retrieved 28 May 2020.
  5. ↑ "Dewan Mushtaq Group". 13 July 2001. Archived from the original on 21 February 2009. Retrieved 23 August 2020.
  6. ↑ "Dewan Cement Limited". Business Recorder (newspaper). Retrieved 6 June 2020.
  7. ↑ "Merger Information" (PDF).
  8. ↑ Dewan Motors Wins BMW Award Newsweek (Pakistan) website, Published 25 May 2017, Retrieved 23 August 2020
  9. ↑ "DMPL". www.yousufdewan.com. Retrieved 28 May 2020.
  10. ↑ "Dewan Automotive Engineering Company Profile: Stock Performance & Earnings | PitchBook".
  11. ↑ "Members – PAMA – Pakistan Automotive Manufacturers Association".
  12. ↑ "DFML". www.yousufdewan.com. Retrieved 28 May 2020.
  13. ↑ "DEWAN TEXTILE MILLS LIMITED | JamaPunji".
  14. ↑ "DEWAN KHALID TEXTILES MILLS LIMITED | JamaPunji".
  15. ↑ "DEWAN MUSHTAQ TEXTILE MILLS LIMITED | JamaPunji".
  16. ↑ Dewan Sugar Mills Limited Business Recorder, Published 20 August 2020
  17. ↑ "SBBDU | Home". www.sbbdewanuniversity.edu.pk. Retrieved 28 May 2020.
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