Fecto Group
| Company type | Corporate group |
|---|---|
| Founded | 1952 |
| Founder | Ghulam Mohammad A. Fecto |
| Headquarters | Lahore, Punjab, Pakistan |
| Products | Cement and tractors Particle Board |
| Website | fecto |
The Fecto Group (Urdu: فیکٹو گروپ) is a group of companies based in Lahore, Pakistan. It was founded in 1952 by Ghulam Mohammad A. Fecto.[1][unreliable source?]
It is currently engaged in manufacture of cement[2] and particle board.
History
[edit]Fecto Group was founded by Ghulam Mohammad A. Fecto.[1] He was born in 1922 in Jetpur in the British Indian state of Gujarat, into a Memon family. Fecto sold shoes out of a store in Mumbai called Coronation Footwear.[3] After the partition of India he migrated to Dhaka and started a trading business dealing in electrical goods and home appliances, radios and TVs, wire and cable.[3]
It then moved to western Pakistan where it transitioned into manufacturing, securing the agency of tractors in 1975. The company continued to transition and at different points manufactured with two sugar mills, a tractor assembly plant, a cement plant, two paper-sack and a particleboard units.[1]
In 1981 Fecto Cement was established and production commenced in 1990.[4] It is considered a small player in the domestic market holding a 1.3% market share.[5] [6]
Supply of Products
[edit]Fecto Cement's plant is located in Sangjani, Islamabad. It has an annual capacity of 800,000mt.[7]
References
[edit]- ^ a b c Profile of Fecto Group of Industries on Business Recorder Published 28 July 2016, Retrieved 21 November 2019
- ^ "Cement Plants located in Pakistan". CemNet.com. Retrieved 21 November 2019.
- ^ a b "Fecto Group".
- ^ Research, B. R. (28 September 2021). "Fecto Cement Limited". Brecorder. Retrieved 28 September 2021.
- ^ "A review of listed cement companies in Pakistan". International Cement Review. 7 April 2022. Retrieved 1 September 2024.
- ^ "Small cement becomes smaller". 2 March 2020.
- ^ "Press Release March 2024". Pacra.com. Retrieved 30 October 2024.