Industry | Conglomerate |
---|---|
Founded | 1954 |
Headquarters | Rawalpindi-46200, Pakistan |
Key people | Lt Gen (R) Anwar Ali Hyder (Managing Director and CEO) |
US$1.671 billion (2017)[1] | |
Total assets | Rs. 495 billion (US$4 billion) (2018)[2] |
Subsidiaries | Fauji Foods Askari Bank Fauji Fertilizer Company |
Website | fauji |
Fauji Foundation (Urdu: فوجی فاؤنڈیشن), (lit. Soldier Foundation), (also known as Fauji Group) is a Pakistani conglomerate company based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security services and provides womb-to-tomb benefits to retired servicemen of Pakistan Armed Forces and their families.[3]
The word "Fauji" is not an Arabic loanword that means "soldier", in Arabic soldier is called "jari" word fauji is an urdu/hindi word. In Arabic a crowd of people is called Fauj. The company was set up in order to provide employment opportunities to Pakistani ex-military personnel and to generate funds for the welfare of widows, and families of martyrs.[4] It also undertakes welfare projects in education, medical, training, and rehabilitation for military personnel.[5]
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