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The latest textile unit to join Dewan Group is Dewan Khalid Textile Mills Limited. It was established in April 1978.

A yarn spinning plant with an installed capacity of 26,624 spindles was set up at Kotri near Hyderabad, Sindh, with Chinese assistance in the shape of supply of complete spinning equipment valued at RMB Yuan 6.763 million under Pay-As-You-Earn scheme. The whole of that loan stands retired now and was timely paid back in accordance with the originally agreed schedule.

The main building of the plant was completed in early 1979 and erection of machinery was started soon thereafter, which was completed by September that year; and within a month's time the commercial production commenced.

The company, and thereby Dewan Group, had a landmark experience on 11th July, 1979, when its subscription list opened for a day and Rs 58.381 million were received from the public at a large for an issue worth Rs 7.2 million only. Consequently, a computer draw was held for identification of successful allotees.

During the very first year of its operation in 1979-80, a sales figure of Rs 104.7 million was achieved. During the same year the production of yarn stood at Rs 87.8 million. The same unit now has gained size of Rs 332.5 million, the sales stood at over Rs 300 million and the production of yarn at 5.2 million kilograms. In the year 2000, the sales of Dewan Khalid Textile Mills Ltd., were over Rs.56 million.

The unit manufactures cotton and blended yarn using lint cotton both of local origin and of imported origin, Viscose Fibre, Acrylic Staple Fiber and Polyester Staple Fiber. The polyester staple fiber and acrylic staple fiber being used in yarn spinning is produced by the sister concern Dewan Salman Fibre Ltd.

The quality controls being applied are state-of-the-art and the product enjoys a high reputation. The labour management teaming up is also exemplary.

The corporate culture of the unit has been professionalized, resulting in cost effectiveness and quality consciousness which pervades through all echelons of the employees.

Protection of the employee's health, plant and machinery are above the set standards, aimed at environmental preservation. The company has plans to increase the capacity in near future.

 



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