Draft:Master Group of Industries
| Submission declined on 15 August 2024 by DoubleGrazing (talk). This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies. This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
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| Submission declined on 5 August 2024 by Wikishovel (talk). This submission is not adequately supported by reliable sources. Reliable sources are required so that information can be verified. If you need help with referencing, please see Referencing for beginners and Citing sources. This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies. Declined by Wikishovel 37 days ago. | |
Comment: This is just ADMASQ. The sources are a mix of routine business reporting, sponsored content, and close primary sources, none of which establishes notability per WP:NCORP. DoubleGrazing (talk) 12:12, 15 August 2024 (UTC)
 | This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (August 2024) |
| Company type | Corporation |
|---|---|
| Founded | 1963 |
| Founder | Riaz Malik |
| Headquarters | Lahore, Pakistan |
| Products | Mattress, Pillow, Furniture, Chemicals, Automobiles, Wind Energy |
| Website | https://master.com.pk/ |
About
[edit]Master Group of Industries is a privately-owned conglomerate based in Lahore, Pakistan, founded in 1963. The company operates across various sectors, including foam manufacturing, textiles, automotive, chemicals, furniture, and renewable energy..[1].
History
[edit]Founding and Early Years (1960s-1970s)
Master Group of Industries was founded in 1963, initially focusing on foam manufacturing, producing mattresses, cushions, and other comfort-related items. By the late 1970s, the company had established itself as a key player in the Pakistani comfort and bedding market. [2]
Expansion and Diversification (1980s-1990s)
During the 1980s, Master Group expanded its operations to include textile production. In the 1990s, the company diversified further by entering the industrial chemicals sector, producing adhesives, sealants, and other chemical products for the construction and manufacturing industries.
Technological Advancements and Modernization (2000s)
In the early 2000s, Master Group invested in modernizing its manufacturing processes and adopting new technologies. The company also expanded its automotive division, which began assembling and distributing commercial vehicles. Partnerships with companies like Changan Motors enabled the introduction of light vehicles and passenger vehicles into the Pakistani market[3].
Recent Developments (2010s-Present)
In recent years, Master Group has entered the renewable energy sector through its subsidiary, Master Energy, which focuses on wind power projects. The group has also expanded its international footprint, exporting products to various markets and establishing strategic collaborations with global companies.
Business Divisions
[edit]- Master MoltyFoam: Established in 1963, this division produces mattresses, pillows, and foam-based sleep accessories, including orthopedic and healthcare bedding solutions.[4]
- Master Textile: Since 1993, Master Textile has been involved in spinning, weaving, dyeing, and finishing textile products, serving both domestic and international markets. In 2019 VIS Credit Rating Company Limited has assigned initial entity ratings of single A/A-One to Master Textile Mills Limited[5][6]
- Master Chemical: Established in 1988, this division produces industrial chemicals, adhesives, thermal shields, and sealants.
- Master Motors: This division assembles and distributes commercial vehicles, including buses and trucks. In partnership with Changan Motors, it introduced light vehicles, SUVs, and passenger vehicles to the Pakistani[7] market.[8]
- Master Energy: Since 2005, Master Energy has been involved in renewable energy projects, with a focus on wind power.[9]
Corporate Social Responsibility (CSR)
[edit]- Education Initiatives: The master group partnered with PDP to establish schools in different areas for the disabled community[10].
- Healthcare Initiatives: The group has set up hospitals and clinics to provide medical services to underserved communities. It also organizes health camps and medical outreach programs[11], such as MoltyFoam's, and collaborates with Pink Ribbon for a massive breast cancer awareness drive[12].
- Women Empowerment: Masters partnered with SDSM to train women and midwives[13].
- Community Development: Master Group teamed with KDA and established a windmill project in Jhimpir[14].
- Disaster Relief and Humanitarian Aid: The group provides financial assistance, essential supplies, and logistical support during natural disasters and emergencies.
Awards and Recognition
[edit]- Quality and Excellence Awards: Includes ISO certifications and Pakistan Standards and Quality Control Authority (PSQCA) awards.
- Industry-Specific Awards: Includes Best Mattress Brand Award for Master MoltyFoam[16] and Export Performance Award for Master Textile.
- Best Ecommerce Brand: Masters group was awarded as the “best Ecommerce brand” in 2023[17]
- Effie Award Pakistan: MoltyFoam 2021 TVC won Effie 2022 award in the furnishing and appliances category[18]
- ^ "Master Group of Industries". www.master.com.pk.
- ^ "Master Group of Industries". www.master.com.pk.
- ^ Hanif, Usman. "Master Motor to start assembling pickups and vans in April". The Express Tribune.
- ^ "Master Molty Foam". www.moltyfoam.com.pk.
- ^ Jabri, Parvez (April 18, 2019). "VIS assigns initial ratings to Master Textile Mills Limited".
- ^ "Master Textile". www.mastertex.com.
- ^ "Master Motors". www.mmcl.com.pk.
- ^ Hanif, Usman (March 29, 2019). "Master Motor to start assembling pickups and vans in April".
- ^ "Here's how Master Group is producing 4 times more renewable energy than it consumes". April 4, 2022.
- ^ "Master Group partnered with PDP".
- ^ "SINA clinic sponsored by Master Molty Foam opened".
- ^ "MoltyFoam collaborates with Pink Ribbon for massive awareness drive". November 5, 2019.
- ^ "Master MoltyFoam teams up with SDSM to train over 100 Pakistani midwives". March 8, 2022.
- ^ "Master Group to set up 49.50 MW wind energy project at Jhimpir". January 12, 2015.
- ^ "Master Foundation". www.masterfoundation.com.pk.
- ^ "Brand Icon of Pakistan Award 2021 for Bedding & Mattress goes to "Master Molty Foam"". March 16, 2022.
- ^ "Awarded 'Best Ecommerce Brand of the Year 2023". July 18, 2023.
- ^ Zubairi, Muaaz (July 15, 2023). "MoltyFoam's Award-Winning TVC at Effie Awards 2022".