Founded | 1952[1] |
---|---|
Founder | Ghulam Mohammad A. Fecto[1] |
Headquarters | Lahore, Punjab, Pakistan |
Products | Cement (Portland brand), and paper sack, particle board and medium density fiberboard manufacturing units |
Website | fecto |
The Fecto Group is a Pakistani company which was founded in 1952 by Ghulam Mohammad A. Fecto.[1]
It is currently engaged in Cement,[2] Particle board and Medium Density Fiberboard (MDF).
The group was founded by Ghulam Mohammad A. Fecto.[1] He was born in 1922 in Jetpur in the British Indian state of Gujarat, into a Memon family. Fecto sold shoes out of a store he owned in Mumbai called Coronation Footwear.[3] After the partition of India he migrated from Mumbai to Dhaka in former East Pakistan and started a trading business dealing in electrical goods and home appliances, radios and TVs, wire and cable.[3]
It then moved to western Pakistan where it transitioned into manufacturing, securing the agency of tractors in 1975. The company continued to transition and at different points manufactured with two sugar mills, a tractor plant, cement plant, paper-sack and hardboard units.[1]
In 1981 Fecto Cement Ltd. was established and production commenced in 1990.[4] It is considered a small player in the domestic market holding a 1.3% market share.[5] [6]
Fecto Cement Limited's northern plant in Khyber Pakhtunkhwa supplies cement to Punjab, Khyber Pakhtunkhwa and Azad Kashmir areas in the domestic market.