61 top businessmen pick up awards

Published: October 8, 2010

CEO Al-Karam Towel tops the list.

KARACHI: Some 61 top businessmen and industrialists have won awards in the 34th Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Export Awards for the year 2009-10 for their exceptional contribution to the economy.

Mehtabuddin Chawla, Chairman and CEO of Al-Karam Towel Industries Limited, won the top President of Pakistan Export Award for his contribution of Rs3.1 billion worth of exports to the textile made-up industry.

The Best Export Brand award and the Best Export Performance award went to Mehran Spice and Food Industries for making Rs1.8 billion worth of exports last year. The Best Export Performance award went to 26 other firms including Getz Pharma and Shan Foods.

Six men won the Businessman of the Year gold medal with Muhammad Nadeem Khan, CEO of Raaziq International, the top winner with the highest contribution of Rs7.7 billion worth of exports.

The Special Merit Export Award was presented to 15 companies, including Matco Rice Processing, DSI Group of Companies, Pak Denim, Silver Star Enterprises and Rafhan Maize Products Company.

Merit Export awards went to eight organisations of which Hamdard Laboratories (WAQF) Pakistan, manufacturers of Rooh Afza, was the first recipient with exports worth Rs318 million. The Best Regional Export Award went to Fazal Karim and Sons, Fauji Cement Company Limited and Naveed Enterprises.

Young Entrepreneurs awards went to Omar Najib Balagamwala, director of Global Commodities and Khalil-ur-Rehman, managing partner at KAS Exporters and Importers.

Muhammad Nadeem Khan, CEO of Raaziq International, Jawed Ali Ghori, MD of Matco Rice Processing and Gul Muhammad Lot, chairman of Mehran Spice and Food Industries each won two awards and were therefore top gainers of the evening.

Published in The Express Tribune, October 8th, 2010.

Reader Comments (4)

  • Pseudo
    Oct 8, 2010 - 10:50AM

    so how many of them pay taxes? What’s the quantum..Recommend

  • Oct 8, 2010 - 7:17PM

    Very small value of exports even by the top earners. In the shopping centers of Middle East and Africa, I have hardly seen any Pakistani products except Shan spices and Rooh Afza. There is a huge scope for so many consumer goods manufactured in Pakistan to be exported. Even the products of Pakistan’s famed fan manufacturers are hard to find. Pakistani motorcycle and rickshaw manufacturers can tap the vast potential of Nigerian and other African markets which are currently dominated by Bajaj of India. Recommend

  • Batoni.
    Oct 8, 2010 - 8:27PM

    What is use of comments section when ,truth can not be tolerated.
    Deleting some one true comments is not a good thing at all.
    ok ,print these nice things .happy go easy life .
    These business tycoon are patriotic pay there all taxes fairly , Pakistan is growing very fast ,and every one is happy in our country .No bribe or nepotism is allowed here .Recommend

  • Meekal Ahmed
    Oct 9, 2010 - 2:54AM

    Yes, these are small amounts. Really small.

    But these people should be encouraged and given even bigger awards. We should eulogize them in the media and elsewhere and ask they to do more.

    I am sure no media asks them for an interview. They are all so busy running down the country.

    Let us not put them down and make snide comments about their tax returns — or the absence of one.

    Exports are Pakistan’s life-blood — unless we have not figured that out 63 years hence. We should encourage them to do greater things. Recommend

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