Nagina Group
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| Nagina Group | |
 |
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| Type of co. | Public corporation |
|---|---|
| Founded | 1972 |
| Headquarters | Gilburg-III, Lahore, Pakistan |
| Key people | Shaikh Inam Ellahi, co-founder Ashan Ellahi Shaikh, co-founder |
| Industry | textiles |
| Revenue |  Rs. 832 million,$13.7 million USD (FY 2006) |
| Website | http://www.nagina.com/ |
Nagina Group is a public corporation based in Pakistani that manufactures a wide variety of textile products. Founded in 1972 by Inam Ellahi Shaikh and Ashan Ellahi Shaikh, it was listed by Forbes Magazine as the best-performaning company with less than US$1 billion in revenue in 2003.
[edit] History
What is now known as The Nagina Group began as a single company, Nagina Mills Limited, established by Shaikh 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.
The company reformed in 1971 as the Nagina Group, consolidating its assets under a single umbrella corporation. The group currently manages Nagina Cotton Mills Limited, Ellcot Spinning Mills Limited, and Prosperity Weaving Mills Limited. Together, the facilities hold approximately 100,000 modern spindles, and produce forty-eight million pounds of carded and combed yarn anually.
Nagina Group also operates three private power plants to provide electricity for its mills. The installed capacity of its generators is 30.57 Megawatts. Excess energy is sold to other industrial facilities in the area.
