Who Owns Pakistan - Yimg

the pioneer Muslim industrialist in textile in the area now comprising Pakistan. He
lost his speech in a paralysis attack but continued to work till his death by issuing
directives in writing.
When the Packages group was planning the setting up of Abbasi Textile Mills at
Bahawalpur, they came to Mohammad Ismaeel to seek his advice and guidance.
" My father wrote on the paper that the people seeking his advice were his longtime
employers for a few rupees", Farooq A Sheikh reminisced in an interview
with the author.
Sheikh Fazal Hussain of Fazal (Fatima) group of Industries was working as a
helper on grocery store of a Hindu merchant and launched his own business
after he was sacked because of loss of eye sight.
Yunus Brothers is Pakistan's biggest Export House, accounting for annual
turnover of several billion rupees but its founder and Chairman, Yunus Taha has
never been to the United States.
In 1972 when Bhutto nationalized Ittefaq Foundary, the House of Ittefaq decided
to set up a steel re-rolling mill in the United Arab Emirates. Mian Mohammad
Sharif, father of Prime Minister Nawaz Sharif vowed that he would not return to
Pakistan till the project was completed. Eye witness said he used to stand in the
scorching heat with the labourers and the factory was completed in record time.
Monnoos have grown on tax holidays and exemptions but have the reputation
that they take care of their employees as welfare states take care of their
citizens. The building for their industrial projects bespeak of great architectural
tastes and aesthetic sense of their builders.
Crescent, perhaps the soundest of all the industrial groups today has the
reputation of being " the exemplary taxpayers" in Pakistan.
Both M A Rangoonwala and C M Latif emerged as towering personalities among
the 22 families of the pre-1971 era and had an abundance of " extra elements,
that touch of talent and ability" which Dwijendra Triparthe had found among the
biggest achievers of the business communities in 17-18th century India. But
more about them and their likes, later in these pages.
Like buildings built brick by brick, several of the present day empires owe their
existence to a small trading company, set up way back in the early years of
Pakistan. Thus Crescent has grown around Mohammad Amin, Mohammad
Bashir & Company and Dawood around Dawood Corporation, Habib around
Habib Sons incorporated in 1922, Nishat around Nishat Corporation, Tawakkal
around Tawakkal Enterprise, Schon around Schon Export House, Hashwani
89