The Dawood Group is a group of companies headquartered in Karachi. It is active in diverse businesses and industries of the Dawood family-business and is owned by Dawood family.

History

Dawood Group was founded by Ahmed Dawood. Ahmed Dawood was one of the country's senior industrialists who was by 1933 with his firm the biggest supplier of imported yarn to the textile mills in India. He left India after the partition and migrated with his three brothers Suleman Dawood, Siddique Dawood, and Sattar Dawood. The Dawood Corporation was the first entity set up in Karachi and Manchester, UK, to start business activities in 1948. It started initially from a small office and a shop in Karachi but their business grew over the coming decades. While in 1970 all the undertakings together made it count as one of the largest business groups in the country, the following year marked an abrupt change: Following the creation of Bangladesh in 1971, almost 60% of the businesses led by Ahmed Dawood and all investments in East Pakistan were lost due to the nationalisation there. The remaining enterprises in Pakistan suffered further setbacks after the nationalisation in the early-mid-1970s.

Former subsidiaries

West Pakistan (later Pakistan)

East Pakistan (later Bangladesh)