Location: Lahore, Punjab, Pakistan
Master Group is one of the most dynamic and diverse business groups of Pakistan. The Group started its operations by entering the bedding industry in 1963 as a licensee of Bayer A.G. (Germany) to manufacture foam mattresses in Pakistan and became a pioneer in the market. Today, Master Moltyfoam has become a household name,synonymous with the highest quality products in the Pakistani market. The Group controls a large asset base of over PKR 20 billion and has an annual turnover of over PKR 25 billion. Master Group is not only the leading player in the bedding market, but has also diversified over the period into the textile, automobile, engineering and energy sectors. Master Group is committed to play its part in the development of Pakistan’s various sectors. Realizing the role of clean energy in development of the nation, we ventured into the power generation sector by developing a 50 MW wind power project in Jhimpir, Sindh. Master Wind Energy Limited (MWEL) successfully commenced operations in October 2016. Master Green Energy Limited (MGEL) is the Sponsor’s second project in the wind power sector, which is expected to achieve financial close by December, 2017. A number of hydro power projects are also in the pipeline.