Kohinoor Industries Limited
1948 – The First raindrop!
This is 1948, Pakistan, just a few months old, has yet to see acultivator of its parched industrial scene. Saigols having inherited thebusiness tradition from their forefathers an erstwhile family of tradesin Calcutta, have chosen Lyallpur (Later named Faisalabad) as theirbase. Taking the initiative, they are setting up under the umbrella of Kohinoor Industries Limited, the country’ first major textile mill –Kohinoor Textile Mills in Lyallpur.Let’s come to 1950, KTM, with a unique edge of location in the heart of cotton growing area of Pakistan, has started its production with ahumble capacity of 25,000 spindles. But through a rapid process of consolidation and expansion extending over a few years it grew into aprestigious giant of 147,000 spindles and 2,300 Auto power Looms,with Latest facility for bleaching, mercerizing, continuous dyeing, androller printing, finishing including Eva set and a large make updepartment to handle its production.It was a very strong group and enjoyed leadership up till 1965 andafter it began to become financially weak. In 1971 nationalizationstarted by Bhuto and this industry took a lot of
UNIVERSITY OF AGRICULTURE FAISALABD