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Gul Ahmed Textile Mills Ltd's Profile
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| About Us
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Company History
The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900’s. With all it’s know-how and experience, the group decided to enter the field of manufacturing and Gul Ahmed Textile Mills Ltd. was incorporated as a private limited company, in the year 1953. In 1972 it was subsequently listed on the Karachi Stock Exchange. Since then the company has been making rapid progress and is one of the best composite textile houses in the world. The mill is presently a composite unit with an installed capacity of 103,000 spindles, 220 wide width air jet looms, 90 Sulzer’s, 297 conventional looms and a state of the art processing and finishing unit.
Corporate Profile - Major Companies
The following is a list of the major companies which comprise the group:
Gul Ahmed Textile Mills Limited
Gul Ahmed Energy Limited
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Corporate Profile - Business Activities
Textiles
In the textile field, activities start from the spinning of cotton as well as man made fibers and extend to weaving, processing and finishing of all types of cotton and blended fabrics, bed linen, home furnishings, garment manufacturing, etc.
Power
The group has been a pioneer in the field of power generation. The textile mill runs on self-generation with an installed capacity of more than 20 MW. Gul Ahmed Energy operates a power plant of 136 MW capacity with a project cost of US$140 million located at Korangi, Karachi. The sponsors of this project include the IFC and Tomen Corporation. The project has been in commercial operation since November 1997.
Management
Management of the group is professionally qualified and broadly experienced. The directors have held top positions in various textile bodies, export committees and have also assisted the Government of Pakistan in some of the major trade talks with EC and USA authorities.
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Joint Ventures & Licensing
The group is further diversifying itself through joint ventures with foreign-based multinationals in areas such as chemical industry, power generation and insurance.
Bankers
Main bankers of the group are:
ABN AMRO Bank
American Express Bank Limited
Standard Chartered Grindlays Bank Limited
Bank AL Habib Limited
Bank of America NT&SA
Citibank
Deutsche Bank AG
Faysal Bank Limited
Habib AG Zurich
Habib Bank Limited
Societe General the FIB
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List of Membership of Trade Bodies and Organization
The Karachi Stock Exchange (Guarantee) Limited.
Lahore Stock Exchange (Guarantee) Limited.
All Pakistan Textile Mills Association.
Pakistan Cotton Fashion Apparel Manufacturers & Exporters Association.
All Pakistan Bed sheets & Upholstery Manufacturers Association.
Karachi Cotton Association.
Chamber of Commerce & Industry, Karachi.
Employees Federation of Pakistan.
All Pakistan Textile Processing Mills Association
Others
The group also extends into the financial sector. Excel Insurance Company Limited has received its license from the Controller of Insurance and has commenced underwriting general insurance risks.
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| Company Basic Information |
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CEO Name
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Mr. Bashir H. Ali Mohammad
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Year Establish
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1953 |
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Company Sale
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1000000 |
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Key Products
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Bed-Linen, Curtain, Fabric, Yarn, |
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Company Size
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25 |
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Industry Focus
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ManufacturerTextile |
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Contact Information
Company Contact Information
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Company Name:
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Gul Ahmed Textile Mills Ltd |
First Name:
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Imran |
Last Name:
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Ahmed |
Email:
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imran_ahmed@gulahmed.com |
Telephone:
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92-21-111-485-485 |
FAX:
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Address:
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Landhi Industrial Area Karachi Pakistan
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Location:
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Pakistan, Karachi |
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