Mian Muhammad Mansha
This is a collection of articles archived for the excellence of their content. Readers will be able to edit existing articles and post new articles directly |
How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires
Moinak Mitra, ET Bureau | Mar 14, 2014
Nishat-e-Pakistan
Mian Muhammad Mansha, chairman of the $10 billion Nishat Group in Pakistan. His links with the incumbent Prime Minister Nawaz Sharif is well-known and both hail from the Punjab. But what sets him apart as a leader is the way he's trodden the delicate balance of power while building a cement-to-banking empire.
Mansha lost a chunk of the business in 1971 that his father and uncles had painstakingly set up, owing to the separation of East Pakistan (Bangladesh) and Zulfikar Ali Bhutto's nationalization drive. "I had a tough time after the death of my father in 1969. First, the family suffered because of the fall of Dhaka and lost its textile, jute and soda caustic business there, and later, the government nationalized part of whatever was left of it here," he says.