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Nishat Group is one of the leading and most diversified business groups in Pakistan. With assets over Prs 300 billion (US $5billion), it ranks amongst the top five groups of the country. The group has strong presence in Textiles, Insurance, Cement, Insurance and Financial Services. The Group is considered at par with multinationals operating locally in terms of its quality of products, services and management skills.
The group started its operations in 1951 when Nishat Mills was set up by Mian Mohammad Yahya (the founder of Nishat Group). The visionary leadership and undaunted spirit of its founder soon provided the impetus to the group and the activities soon expanded to ginning, cotton and jute textiles, chemicals and insurance.
Mian Mohammad Mansha, the Chairman of Nishat Group, continued the spirit of entrepreneurship and has led the Group successfully to make it the premier business house of the region. The group has become a multidimensional corporation and has played an important role in the industrial development of the country. In recognition of his unparalleled contribution, the Government of Pakistan has also conferred him with "Sitara-e-Imtiaz", one of the most prestigious civil awards of the country.

Copyright Business Recorder, 2005

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