Late Ghulam Muhammad Adamjee Fecto, the Founder and Chairman of FECTO Group of Industries was born in 1926 at Jetpur, in the Indian state of Gujarat, into a respectable Sunni Hanafi Memon family. In Mumbai he started business from a small shoe shop. The shop is still there with the same name of Coronation Footwear at Grand Road. He migrated from Mumbai to Dhaka in former East Pakistan and started a trading business dealing in electrical goods and home appliances, Radios and TVs, Wire & Cable and Automobiles. Shortly afterwards, the business entered a joint venture with Japan to manufacture Toshiba radio sets. The company was a pioneer in setting up technical collaboration with Japan.
The business soon expanded and industrial activities commenced in the western wing of Pakistan, where he secured the agency of tractors. In fact, the Group’s pace of development was so fast that it soon flowered into two Sugar Mills, a Tractor Plant, Cement Plant, two Paper Sack Units and Particle Board Mills.
The dynamic Mr. Fecto has enjoyed a very distinguished career. He is the visionary as well as the architect of the FECTO Group. It is because of his inspiring leadership and ground-breaking efforts that the Fecto Group today enjoys a leading position among Pakistan’s front-line industrial groups and has established very good working relationships with the government departments, banks, financing agencies, business and investment circles and the people at large.
Ever since the establishment of the group’s first sugar mill, the FECTO name has become a symbol of Faith and an identity for the Group management’s respected business practices both nationally and internationally.
From 1970 onwards, the group has diversified its activities form trading to industrial production. This started with the acquisition of Adamjee (now FECTO) Sugar Mills Limited in early 1975, followed by the establishment of Baba Farid Sugar Mills Limited in 1978. Bolstered by its initial successes, the group ventured into progressive manufacturing of agricultural tractors and farm equipment including agricultural implements of various types. This was the occasion of the opening of his tractor company which was performed by President General Mohammad Zia-ul-Haq.
Another major milestone in the Group’s forward march was the establishment of a most modern and pollution-free cement plant with 2000 tons per day capacity. This also made way for the launching of such allied industries as two Paper Sack Units that are located not too far from the cement plant.
He became President of All Pakistan Memon Federation. Within three days of his election, on 7 March, in Lahore at a public function he announced a donation of Rs. 5 million on behalf of the Fecto Group to establish a polytechnic institute and an institute for the invalid and mentally retarded children.
He died peacefully on Friday, April 20, 2007, at 11:20 pm, in Karachi.
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