History
About Company
Founded in 1952, Faizi Industries began manufacturing electrical power distribution equipment under the FICO brand to support Pakistan’s growing industrial needs and reduce dependence on imports. Over the years, the company expanded its product portfolio, including low- and medium-voltage switchgear, fuse systems, and instrument transformers.
Following several organizational developments, the company adopted a divisional structure in 1997 to enhance quality and efficiency. In 2002, the MV/LV Switchboard Division was incorporated as FICO Engineering Co. (Pvt.) Ltd., becoming part of the FICO Group and continuing its commitment to delivering reliable, high-quality electrical solutions.
Company History
1952
A registered company; Faizi Industries (Brand Name; FICO), was established by Late Ch.Abdul Aziz, to meet the emergent needs of LV power distribution.
1958
The company became a private limited company, now launching Medium Voltage (MV) power equipment to broaden their scope.
1990
The company was converted into an unlisted public limited company.
1992
Due to replacement of its then management and change in its Board of Directors, its name was change to FICO LIMITED.
1997
Independent divisions were established for quality control & improvement:
- MV/LVSwitchboard
- Instrument Transformer
- Dropout Cutout
- Fuse Switch
2002
Independent Divisions led to 3 independent companies which arises as unregistered FICO GROUP. MV/LV switchboard Division became known as FICO Engineering Co. (Pvt) Ltd.