The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900â€™s. With all itâ€™s know-how and experience, the group decided to enter the field of manufacturing and Gul Ahmed Textile Mills Ltd. was incorporated as a private limited company, in the year 1953. In 1972 it was subsequently listed on the Karachi Stock Exchange. Since then the company has been making rapid progress and is one of the best composite textile houses in the world. The mill is presently a composite unit with an installed capacity of 103,000 spindles, 220 wide width air jet looms, 90 Sulzerâ€™s, 297 conventional looms and a state of the art processing and finishing unit.
Corporate Profile - Major Companies
The following is a list of the major companies which comprise the group:
- Gul Ahmed Textile Mills Limited
- Gul Ahmed Energy Limited
In the textile field, activities start from the spinning of cotton as well as man made fibers and extend to weaving, processing and finishing of all types of cotton and blended fabrics, bed linen, home furnishings, garment manufacturing, etc.
The group has been a pioneer in the field of power generation. The textile mill runs on self-generation with an installed capacity of more than 20 MW. Gul Ahmed Energy operates a power plant of 136 MW capacity with a project cost of US$140 million located at Korangi, Karachi.