Servis group
Servis Group
- Incorporated as a Private Limited Company in 1957 and listed on Stock Exchange in 1970.
- Annual turnover of around PKR 40 Billion (US$ 220M) with a footwear manufacturing capacity of 13.2 million pairs per annum and tyre manufacturing capacity is 19 million tyres per annum.
- The main Segments of revenue are Footwear (45%) and Tyre & Tube (55%). Servis Group is the largest exporter of Footwear exporting around PKR 13 Billion (US$ 71M) & the largest exporter of tyres & tubes from Pakistan as well.
- The exports constitute 55% of the total exports of tyres & tubes from Pakistan, exporting to 27 countries including Brazil, Turkey, Egypt, Kenya, Afghanistan.
- The Footwear division of the group contributes 45% of total Footwear exports in Pakistan.
- Moreover, the leading share in motorcycle tyre and tube market & third largest market share in motorcycle parts are also owned by the group.
- The Group’s Average Employee strength is more than 15,000.