2Introduction of Nishat Group:2
4History of Nishat group:2
13Results by pie chart:7
Our group decided to research about Nishat group of Pakistan ltd. This company has largest network in Pakistan. Its products are food and easy to accessible. It is one of the famous company in Pakistan, it serve the Pakistan in three ways. * Textile mills
* Finical services
We also know that we’ll learn very much with this project. That’s why we chose this topic. Introduction of Nishat Group:
Nishat group is one of the leading and most spread business groups in south East Asia. With assists over PRs. 300 billions, it ranks amongst the top five business houses of Pakistan. The group has strong presence in three most important business sectors of the region namely textiles, cement and finical services. In addition, the group has also interest in insurance, power generation, paper products and aviation. It also has a distinction of being one of the largest players in each sector. The group is considered at par with multinationals operating locally in terms of its quality of products and services and management skills. Organization Objective
When a formal HR department is created to help managers, the managers remain responsible for employee performance. The HR department exists to help manager achieve the objectives of the organization.HR management is not an end in itself; it is only a means of assisting managers with their human resource issues. For example, NISHAT HR department found that it could enhance it contribution to the organization through complicated information systems that allowed the department to cut #35million a year from its budget. Simply stated, an HR department exists to serve the rest of the organization. History of Nishat Group:
Nishat Mills Limited, the flagship company of the group, was established in 1951. With a production facility of 270,000 spindles, 740 looms, and a dyeing & printing capacity of 7 million meters (7.65 million yards), NML is the largest composite textile set up in Pakistan.
D.G. Khan Cement Company Limited (DGKCC), a unit of Nishat group, is the largest cement-manufacturing unit in Pakistan with a production capacity of 5,500 tons clinker per day. It has a countrywide distribution network and its products are preferred on projects of national status both locally and internationally due to the unparallel and consistent quality. It is listed on all the Stock Exchanges of Pakistan. Financial services
Muslim Commercial Bank (MCB) is one of the leading banks with a deposit base of about Rs.230 billion (US$ 3.8 billion). MCB has more than 1200 branches and is the largest private bank of Pakistan also operating internationally. MCB was also the first Pakistani bank to be listed at London Stock Exchange in October 2006 after attracting US $700 million worth of demand for its US $ 150 million GDR issue. Mission Statement
“To provide quality products to customers and explore new markets to promote/expand sales of the Company through good governance and foster a sound and dynamic team, so as to achieve best possible prices of products of the Company for sustainable and equitable growth and prosperity of the Company.” Vision Statement
“To transform the Company into a modern and dynamic yarn, cloth and processed cloth and finished product manufacturing Company with highly professionals and fully equipped to play a meaningful role on sustainable basis in the economy of Pakistan” Strengths
* ISO 9001 and IKO-TEX 100 Certified:
As NML is mainly focusing on international...