Yousuf Dewan Companies

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]

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

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. 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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