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![]() Servis outlet at Lucky One Mall | |
Service Industries Limited | |
Company type | Public |
PSX: SRVI KSE 100 component | |
Industry | Leather |
Founded | 1941 |
Founders | Chaudhry Nazar Mohammad Chaudhry Muhammad Hussain Chaudhry Mohammad Saeed |
Headquarters | Gulberg, Lahore , Pakistan |
Area served | Worldwide |
Key people | Chaudhry Ahmed Javed (chairman) Chaudhry Omar Saeed (CEO) |
Products | Shoes, tyres, and tubes |
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Total equity | ![]() |
Owner | Hassan Javed (19.29%) National Investment Trust (10.94%) Omar Saeed (10.14%) Arif Saeed (10.14%) |
Number of employees | 1,905 (2024) |
Subsidiaries | Service Tyres Service Retail Service Industries Capital SIL Gulf FZE Dongguan Service Global Service Global Footwear (79.43%) Service Long March Tyres (32.09%) |
Website | servisgroup |
Footnotes /references Financials as of 31 December 2024 [update] [1] |
Service Industries Limited, doing business as Servis, is a Pakistani shoes and tire manufacturer which is based in Lahore, Pakistan. [2] [3]
Service factories are located in the Pakistani cities of Gujrat, Muridke, Nooriabad, Raiwind, Negombo, Sri Lanka. [3] The company had humble beginnings in 1941. Servis Shoes is a shoe manufacturing company and Servis Tyres is a tire manufacturing company working under the Servis Industries Limited. [4]
Service Industries Limited (SIL) was founded in 1941 by a group of college friends, namely Chaudhry Nazar Mohammad, Chaudhry Muhammad Hussain, and Chaudhry Mohammad Saeed. [5] It initially produced handbags and sports goods. [6] During World War II, Service supplied boots to the British Indian Army. [6] In 1953, the company established Halal Tanneries, and in 1954, it opened a shoe manufacturing plant in Gulberg industrial area of Lahore. [6]
In 1959, Service relocated its operations to Gujrat, where it opened Pakistan's first organized shoe factory. [6]
From the 1960s to the 1980s, Service diversified its product portfolio to include textiles, motorcycle tires, and gas masks. [6] In 1965, the company formed a retail subsidiary called Service Sales Company (SSC), which opened stores near those of its competitor, Bata Pakistan. [6] By 2007, SSC had surpassed Bata in sales, and by 2010, SIL had become a major shoe exporter and had over 450 retail outlets in Pakistan. [6]
In 2011, Service's ownership was passed to the founders' descendants, with Omar Saeed, a third-generation family member, becoming the CEO. [6] Under Saeed's leadership, SIL introduced changes in its retail operations, such as adopting a new store format under the Shoe Planet brand, which contributed to business growth. [6] During this period, SSC also made changes in its managerial practices and product offerings. [6]