Milestones

 

Milestones 2Nishat Chunian Group has an enviable business history of over two decades. From a modest start in 1990 with a spinning mill of only 14,400 spindles, the group today has a vertically integrated textile company which prides itself of being the fourth largest textile company in Pakistan (in terms of turnover). In 2007, the group diversified into the power sector by setting up a 200 MW Independent Power Plant, followed by incorporation of Nishat Chunian USA Inc. in 2013. Another company was added in 2014- NC Electric, a captive power plant, the first coal fired power plant in the textile industry. The group further branched out into the entertainment industry by setting up NC Entertainment in 2015.

Today, Nishat Chunian Group consists of five companies – Nishat Chunian Limited (a textile company), Nishat Chunian Power Limited (a power generation company), Nishat Chunian USA Inc. (incorporated in USA), Nishat Chunian Electric Corporation Ltd.(a captive power generation company) and Nishat Chunian Entertainment Pvt. Ltd. (an entertainment company).

 

2016   Entered the retail market with opening of The Linen Company (TLC).

2016   NCE started commercial operations.

2015   Diversified into entertainment business with acquisition of NC Entertainment Pvt. Limited (NCE).

2014   Setup a 46 MW Coal Fired Power Plant as a wholly owned subsidiary NC Electric Corporation Limited (NCECL).

2013   Acquired two spinning mills comprising of 38,000 spindles.

2013   Setup a new spinning mill comprising of 20,000 spindles.

2013   Nishat Chunian USA Inc. incorporated in USA for textile supplies to the international retail market.

2010   NCPL started commercial operations.

2007   Diversified into Power Business with the incorporation of Nishat Chunian Power Limited (NCPL).

2006   Diversified into Home Textiles Business.

2005   Acquired operating assets of Umer Fabrics Limited.

1998   Diversified into Weaving Business.

1991   First spinning unit started commercial production.

1990   Nishat Chunian Limited (NCL) incorporated as a public limited company.