Trade Masters Background

Company Background

M/S Trade Masters was formed as a partnership concern in 1988 with an initial capital of Rs. 7.500 Million. The sector chosen for the business activity was primarily Liquefied Petroleum Gas (LPG) as an alternate vehicle fuel. In order to ensure the supply of quality equipment for the end users of the specified field a sole Agent-ship contract was negotiated with M/S Lovato of Italy. The story of Trade Masters progressing in business activity goes along with the history of Alternate Vehicle Fuel Industry in Pakistan.

At the time of this initial phase of Trade Masters, the use of LPG as alternate fuel was gaining currency in Pakistan. Having sound technical background and by applying right marketing strategies, Trade Masters managed to be a firm marketing LOVATO LPG KITS as a monopoly product within a short span of time. It was since 1990 and onwards that LOVATO was considered to be the only solution for using LPG as an alternate fuel for vehicles all over the country.

In 1994 the sale of LPG kits reached to the highest level but after that there was a downfall in the sale volume due to the non-availability of LPG and increase in its rates in Pakistan. Among several other factors effecting the sale of LPG kits in Pakistan the most important one was the government policy discouraging such usage.

With the decline of LPG usage as alternate vehicle fuel the most encouraging trend was the increasing use of CNG (Compressed Natural Gas) as an alternate vehicle fuel. This trend gave birth to the new era to the alternate fuel usage in Pakistan.

With the start of this new era Trade Masters couped up with the new emerging trend and broadened its technical and commercial resources to encompass the field of CNG. With the passage of time by the Grace of Almighty Allah now Trade Masters has become one of the leading firm is this sector with a sound technical and commercial backup.

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