Product & Business News
October 31, 2017

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. Nagina Cotton/Yarns (a subsidiary of Nagina Group) was listed by Forbes magazine as among the best-performing-companies with less than US $1 billion in revenue in 2003.

History

The Nagina Group began as a single company, Nagina Mills Limited, established by Sheikh 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. In 2006, Managing Director of Nagina Group, Shafqat Ellahi Shaikh was elected Chairman of All Pakistan Textile Mills Association.

Nagina Group of companies

The company restructured itself in 1972 as the Nagina Group, consolidating its assets under a single umbrella organization.

The group currently manages these subsidiaries:

  • Nagina Cotton Mills Limited
  • Ellcot Spinning Mills Limited
  • Prosperity Weaving Mills Limited (incorporated on 20 November 1991) – listed and traded on Karachi Stock Exchange with ticker symbol PRWM. Mills location is in Sheikhupura District, Punjab, Pakistan. As of 2014, this production facility has 340 textile looms with annual capacity of 55 million linear meters of fabric. This company exports its products to customers in Europe, North America and the Far East countries.

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