The (late) Mian Muhammad Shafi, along with his sons founded the Group in 1940. What began as a trading house in hides and skins over six decades ago is today acknowledged as the premier house in leather, textiles, dairy and rice processing. The Shafi Group was established with Muhammad Shafi Tanneries being the flagship company. Since then, the group has grown from strength to strength, diversified into other new industries, and is recognized as a leading light among Pakistan’s industrial community. Shafi Group of companies includes three tanneries which produce various types of leathers, a footwear unit, one textile unit ,one glucose and rice syrup production unit. It has also entered the dairy farming business by setting up a large dairy farm. The total turnover of the group is Approximately US$ 100 million, a very major part of which is for export. Major markets are Germany, France, Italy,China, other Far Eastern, European and South and North American Countries. Muhammad Shafi Tanneries (Pvt.) Ltd. (MST), the flag-bearer company of the group, is pioneer in production of goat leather for shoe industries and is one of the best known goat tanneries in the world. It started production and export in 1959 and now “MST” is the most prestigious and widely known trademark from Pakistan and is synonymous with the best in quality of leather and reliability in business.