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Service Industries Limited, doing business as Servis, is a Pakistani shoes and tire manufacturer which is based in Lahore, Pakistan. [2] [3] Service factories are located in the Pakistani cities of Gujrat, Muridke, Nooriabad, Raiwind, Negombo, Sri Lanka. [3] The company had humble beginnings in 1941.
Saigol, anticipating the division and independence of British India, moved his assets to Lahore in the early 1940s. After the independence of Pakistan in 1947, with the help of his younger brothers Yousuf and Bashir, he set up their first textile spinning mill in Lyallpur (now called Faisalabad ) in 1949. [ 3 ]
In 2003, Sapphire made an equity investment of Rs300 million in the unlisted associated company, Sapphire Finishing Mills Limited. [5] In 2009, Sapphire invested 980,000 Danish krone in Beirholms Sapphire A/S, a company registered in Denmark. [6] In 2014, the retail division of the company, Sapphire Retail, was founded by Nabeel Abdullah. [7]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
Batapur is a town near the city of Lahore, Pakistan. It was established as a residence for the workers of a Bata shoe factory. The nearest airport is the Allama Iqbal International Airport in Lahore, an approximately 20-minute drive on the Lahore Ring Road.
Atoms was founded by husband and wife Waqas Ali and Sidra Qasim in San Francisco. [3] In 2012, they started their first footwear company as students at Forman Christian College University, Lahore [4] named 'Markhor' (originally Hometown) in Pakistan, while working with craftsmen in their hometown of Basirpur in Okara, Pakistan. [5]