The Hyderabad Deccan Cigarette Factory was established in 1930 at Musheerabad a suburb of Hyderabad by Janab Mohammad Abdus Sattar. The factory also known as Golconda Factory owns Golconda brand of cigarette. The road junction Golconda X Roads is named after then popular brand manufactured by this company. The factory which used to manufacture the popular Golconda brand and Amar brand of cigarettes, is now a contract manufacturer of cigarettes for ITC Limited.
Mr. Sattar's son-in-law, Shah Alam Khan had been running the factory since 1946.
The factory in its present form as a privately held company was incorporated in September 1972.