Ghulam Muhammad A. Fecto
Encyclopedia
Fecto Group of Industries
The FECTO Group of Industries is a business group in Pakistan. It was established in 1952. It is currently engaged in such areas of industrial enterprise as Sugar, Particle Board, Medium Density Fibre Board-MDF.Fecto Group was founded by Ghulam Muhammad A...
was born in 1926 at Jetpur, in the India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n state
States and territories of India
India is a federal union of states comprising twenty-eight states and seven union territories. The states and territories are further subdivided into districts and so on.-List of states and territories:...
of Gujarat, into a Sunni Hanafi Memon family. In Mumbai he started business from a small shoe shop. The shop is still there with the same name of Coronation Footwear at Grand Road. He migrated from Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
to Dhaka
Dhaka
Dhaka is the capital of Bangladesh and the principal city of Dhaka Division. Dhaka is a megacity and one of the major cities of South Asia. Located on the banks of the Buriganga River, Dhaka, along with its metropolitan area, had a population of over 15 million in 2010, making it the largest city...
in former East Pakistan and started a trading business dealing in electrical goods and home appliances, Radios and TVs, Wire & Cable and Automobiles. Shortly afterwards, the business entered a joint venture with Japan to manufacture Toshiba radio sets. The company was a pioneer in setting up technical collaboration with Japan.
The business soon expanded and industrial activities commenced in the western wing of Pakistan, where he secured the agency of tractors. In fact, the Group’s pace of development was so fast that it soon flowered into two Sugar Mills, a Tractor Plant, Cement Plant, two Paper Sack Units and Particle Board Mills.
From 1970 onwards, the group has diversified its activities form trading to industrial production. This started with the acquisition of Adamjee (now FECTO) Sugar Mills Limited in early 1975, followed by the establishment of Baba Farid Sugar Mills Limited in 1978.
Bolstered by its initial successes, the group ventured into progressive manufacturing of agricultural tractors and farm equipment including agricultural implements of various types. This was the occasion of the opening of his tractor company which was performed by President General Mohammad Zia-ul-Haq
Muhammad Zia-ul-Haq
General Muhammad Zia-ul-Haq , was the 4th Chief Martial Law Administrator and the sixth President of Pakistan from July 1977 to his death in August 1988...
.
He became President of All Pakistan Memon Federation. Within three days of his election, on 7 March, in Lahore at a public function he announced a donation of Rs. 5 million on behalf of the Fecto Group to establish a polytechnic institute and an institute for the invalid and mentally retarded children.
He died peacefully on Friday, April 20, 2007, at 11:20 pm, in Karachi.