Saddaruddin
Hashwani is Chairman
Hashoo Group is known for his dominance
in Pakistan 's hotel industry,
though Hashwanis are have huge strength
in real estate business too.
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Hashwanis are involved
in trading of cotton, grain and steel and till
the nationalization of cotton export in 1974, they
were widely being
dubbed as the Cotton Kings of Pakistan. Today, this
group has excelled
in export of rice, wheat, cotton and barley. It
owns textile units,
besides having invested billions in mines, minerals.
hotels,
insurance, batteries, tobacco, residential properties,
construction,
engineering and information technology. In 1984,
Hashwani defeated the
Lakhanis in the bid for Premier Tobacco but was
arrested along with
his brother Akbar in 1986 for allegedly evading
customs duty on
cigarettes. Sadarduddin' s brother Akbar and the
children of another
late brother Hassan Ali Hashwani together ma nage
around 45 companies.
Akbar runs the second Hashwani Group. He is one
of the most well-known
magnates in Pakistan who is a regular invitee at
the Diplomatic
Enclave. The list of local and international bigwigs
known personally
to Hashwani is unending