By: Muhammad Usman
Born like many others in a land full of surprises, Hyderabad gave birth to one of the biggest icons of futuristic corporate success on 28th of July, 1948. Amidst tirades of impeccable business opportunities rising in a developing rural country, Jahangir Siddiqui began his career in the field of business by becoming a distributor of Coca-Cola beverage in 1962. Given the amount of desperation dangling along the threshold of his sanity to get into the world of business, he opened a small café alongside the legendary Firdaus Cinema. Surprisingly, Jahangir earned 40,000 Rupees that year, including only a 6000 Rupees investment deficit. This level of desirable talent at such a tender age of existence speaks volumes for the man who would steer the economic fulcrum of Pakistan towards new heights of success.
The story begins when a young and ambitious Jahangir Siddiqui decides to regularly spend time at a friend’s shop after Maghreb prayers. Each day surpasses a land of new findings for the young entrepreneur, who steadily begins to understand a certain flow of money via some organized and clever methods of an out-sourced trading system. With an everyday engulfment into the folds of intellectual learning and street-level awareness limitations set into play, Jahangir decided to splash a 6000 Rupees investment into a business similar to his friend’s. Given the fact that he had no prior business training in the past, Jahangir soon realized that he could learn quite easily from his seniors who had already progressed into the generic folds of the corporate world.
With the advent of a prolific occupation side-lined with the attributes of a tender age, Jahangir Siddiqui opened a café in his father’s garage; the business was so well that he bought his father a new car upon arrival of the latest revenue stream. The flow kept on building and ascending towards a rather integrated system of business dealings; a few years later, Jahangir bought shares in Adamjee Sugar Mills and Mirpurkhas Sugar Mills. His first year in stocks yielded Rs. 200,000 from the sugar mill shares, not bad for a maiden turn up!
Jahangir Siddiqui has flourished from various gasps of foundering companies in the past, but that is only a small part of a rather gigantic web-work of corporate linkages which he has since developed from all his ventures. He contributed to Pakistan’s Stock Exchange system via countless means of approach and has continued to do so by detecting major elements of talent in the field and brokering exceptional financial bills to help manage that talent. His acts of sincerity to the country and his ambivalent contributions to the future of Pakistan’s economy have surely earned him a place in the history books. Today’s JS Group is an epitome of Jahangir Siddiqui’s thirst for corporate success, back and forth!