Ashraf Group of Industries had established in early 1980's with the following divisions in Punjab & Sindh province in the name of Ashraf Sugar Mills Limited & HM Iqbal Coal Mines (Pvt) Ltd. However the erection of the Sugar Mills was started in august, 1981 and accomplished in a record time of 13 months under the proficient guidance of its founder, Similarly Coal Mines Project started in 1970's