Who Owns Pakistan - Yimg

the verge of setting up a viscos plant as a joint venture with leading Hindu
industrialist Nagin Das Phool Chand when Pakistan came into existence and he
decided to migrate to Pakistan along " with his Chevy car".
Saigols had set up a Rubber Shoes Factory at Calcutta in 1930 and were
planning their first textile mills, also at Calcutta, when Pakistan was born. The
machinery was shifted to Pakistan to set up Kohinoor Textile Mills at Faisalabad
on personal intervention of the country's founder Quaid-e-Azam Mohammad Ali
Jinnah. Nasim Saigol of the Saigol group claimed in an interview with the author
that the first Letter of Credit opened with State Bank of Pakistan was for the
setting up of Kohinoor Textile Mills at Faisalabad.
Habib and Sons, the principal company of the House of Habib was incorporated
in 1920 and was leading in metal business including gold bricks with the " Loin of
Ali" embossed on it. An advertisement in daily Dawn of August 15, 1947 boasted
that Habib Bank has a paid-up capital of Rs 5 million and deposits of Rs 122
million. Yet it was considered as " the least of several projects the Habibians had
developed in India".
Bawanies had set up their first hosiery mill at Rangoon in Burma, in 1931. They
were first among the Memons to open a purchase office in the Japanese city of
Kobe and contribute in the construction of Japan's first mosque. Ahamd Karim
Bawany, founder of the Bawany dynasty, also financed the first Pakistani
delegation to United Nation in 1950, under the leadership of Dr Amanullah Khan.
In 1947, Mian Mohammad Ismaeel of the Colony group was operating a chain of
14 ginning factories and four flour mills while work was in progress on Colony
Textile Mills which was to become the first textile mill to be commissioned in
independent Pakistan.
Hashwanies slated to join the rank of the 22 families in the 1990 had migrated to
Karachi from Gujrat in 1885 and were representing Raleigh Brothers, in a joint
venture with two Hindu partners who left in 1947, leaving the business to Hussain
Hashwani, father of sadruddin Hashwnani who incorporated Hassan Ali and
Company.
The 1970 edition of the Biographical Encyclopedia of Pakistan, 1970 published
by international Publisher ( Pakistan) Ltd, Lahore included sketches of several
Muslim industrialists who were running business in India before Pakistan was
born. For example the Encyclopedia describes Abdul Sattar Ahmad son of Seth
Ahmad Abdul Karim of Jetpur, as one of the very few families who took to
industries before independence. When Pakistan was born, Abdul Sattar and his
family migrated to Pakistan " leaving behind vast moveable and immovable
property". Sattar himself moved to Dhaka where he set up Sattar Match Factory
at Shampur, 4 miles from Dacca, Karim Jute Mills, Dacca Jute Mills and Karim
Commercial Company.
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