Yousuf Dewan Companies Explained

Yousuf Dewan Companies
Former Name:	Dewan Mushtaq Group
Foundation:	^[1]
Founder:	Dewan M Mushtaq Farooque
Location:	Karachi, Pakistan
Key People:	Dewan Mohammad Yousuf Farooqui (CHAIRMAN)
Num Employees:	3,400 (2019)^[2]
Owner:	Dewan Yousuf Farooqui

The Yousuf Dewan Companies (YDC) is a conglomerate company based in Karachi, Pakistan.^[3] It is currently owned by the former Sindh Finance Minister, Dewan Mohammad Yousuf Farooqui.^[4] It was previously known as Dewan Mushtaq Group.^[3]

History

The conglomerate was founded in 1912 as Sh Dewan Muhammad Mushtaq.^{[3] [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

• Dewan Motors Private Limited ^{[8] [9]}
• Dewan Mushtaq Motor Company (Pvt.) Ltd.
• Dewan Automotive Engineering Limited (defaulter)^[10]
• Dewan Farooque Motors Limited^{[11] [12]}
• Daehan-Dewan Motor Company (Pvt.) Ltd.

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:

• Shaheed Benazir Bhutto Dewan University^[17]

External links

• Yousuf Dewan Companies
• Shaheed Benazir Bhutto Dewan University

Notes and References

1. Web site: history. www.yousufdewan.com.
2. Web site: Home. www.yousufdewan.com.
3. News: The rise and fall of Dewans . Saad Hasan. The Express Tribune (newspaper). 11 May 2014. 23 August 2020.
4. Web site: our team. www.yousufdewan.com. 2020-05-28.
5. Web site: Dewan Mushtaq Group . 21 February 2009. 13 July 2001. https://web.archive.org/web/20090221094920/http://www.dewangroup.com.pk/about.htm . 23 August 2020.
6. News: Dewan Cement Limited . Business Recorder (newspaper). 2020-06-06. en-US.
7. Web site: Merger Information.
8. https://www.newsweekpakistan.com/dewan-motors-wins-bmw-award/ Dewan Motors Wins BMW Award
9. Web site: DMPL. www.yousufdewan.com. 2020-05-28.
10. Web site: Dewan Automotive Engineering Company Profile: Stock Performance & Earnings | PitchBook.
11. Web site: Members – PAMA – Pakistan Automotive Manufacturers Association.
12. Web site: DFML. www.yousufdewan.com. 2020-05-28.
13. Web site: DEWAN TEXTILE MILLS LIMITED | JamaPunji.
14. Web site: DEWAN KHALID TEXTILES MILLS LIMITED | JamaPunji.
15. Web site: DEWAN MUSHTAQ TEXTILE MILLS LIMITED | JamaPunji.
16. https://fp.brecorder.com/2019/08/20190820507413/ Dewan Sugar Mills Limited
17. Web site: SBBDU Home. www.sbbdewanuniversity.edu.pk. 2020-05-28.