KARACHI: A.G.E Industries Pvt. Ltd – a trusted name in the Cable Industry in Pakistan, has now partnered with the Elahi Group of Companies (EGC) with the objective of increasing investments in their infrastructure to further excel in the cable industry after its acquisition of M/s Steel Complex (Pvt) Limited Pakistan’s leading aluminum conductor wire & PC Stand manufacturer.
The Elahi Group of Companies has decided to invest in A.G.E Industries and will bring its long-serving expertise to the organization. With this partnership, A.G.E is poised to becoming a formidable force in the cable industry utilizing Elahi Group’s expertise and specialization in supply chain business segment. EGC’s expertise include; procurement of raw materials for different manufacturing concerns including steel & aluminum wires, house hold appliances, transformer industry and food products, inventory management, storage and logistics of huge volumes.
Faisal Yousaf Zia, CEO of A.G.E Industries and Yazdani Zia, Director, said that this is the right strategic fit for the company to propel it into the next stage of development for A.G.E, leveraging EGCs’ expertise and specialization in a variety of segments, especially in steel & aluminum wires.
The CEO of EGC, Danish Elahi stated: “This partnership between Elahi Group and A.G.E Industries is a significant step taken towards the growth of both the enterprises. EGC has been operating in Pakistan for over four decades and has a strong track record with suppliers, creditors, and customers. EGC enjoys a relationship of trust and immense respect with all stake holders, and we look forward to the same with A.G.E.”