Bangladesh is growing faster than most other developing counties in the world. Recently, It has become a lower middle-income country. And called the new Asian Tiger. In Bangladesh, some private business group of companies is playing a significant role in its economy. They are working for the welfare of the country’s economy. With the Gross National Income per capita, 617.1 billion PPP dollars (2016) & GDP 7.1% Bangladesh is showing promises to the world. Here, we showcase the list of 10 group of companies in Bangladesh. This group of companies is pushing our economy to a new level.
List of 10 group of companies in Bangladesh:
1. PRAN-RFL GROUP
PRAN stands for “Program for Rural Advancement nationally”. It was established in 1981 by retired Major General Amjad Khan Chowdhury. It is a food product corporation in our country. PRAN started in 1981 as a processor of fruits and vegetables. On the other hand, RFL started its operation into the PVC category in 1996. And the first shipment was worth 3 million USD. It is continuously increasing its product line these days.
Recently, PRAN’s exports had reached 10 billion takas by 2016. PRAN has 80 thousand direct employees and 200 thousand indirect employees to run their companies. These days, Pran exports to 118 different countries around the world. The biggest market for the company is in India, Saudi Arabia, UAE, Malaysia & Oman. Recently, Pran started to export cassava to New Zealand in April 2016. The Products of the PRAN groups are Juice, Drinks, Bakery, Electronics, E-commerce, Coca-Cola Bangladesh, Snacks, Culinary, Frozen Food, Noodles, Spices, Agro products, Confectionery, Biscuits, Dairy, Plastic products, Furniture, Cycles, Super shops, Sweets and bakery stores, Textile and Online shops.
2. ACI GROUP
ACI stands for “Advance Chemical Industries“. It is one of the leading conglomerates in Bangladesh, founded by Mr. M Anis Ud Dawla, with a multinational heritage. It was founded as the part of Imperial Chemical Industries (ICI) in East Pakistan in 1968. ACI was integrated into Bangladesh in 1973. The company operates through three reportable segments: Pharmaceuticals, Consumer Brands, and Agribusiness, it has over 7,275 employees. Household Insecticides, Antiseptic, Personal Care, Home Care, Kitchen Care, Fabric Care, Female Hygiene Commodity, Foods, ACI Consumer Electronics, ACI Electrical Division, Mobile & Electronics, chemicals, foods, pharma, consumer products, logistics, consumer electronics, automobile services are provided by the group. It has over 7,275 employees.
Taka 500 Million
Paid Up Capital
Taka 398 Million
Taka 17,853 Million [June 2016]
3. Navana GROUP
NAVANA was founded in 1964 by Mr. Jahurul Islam. It was the largest business group in Bangladesh. It’s now handled by Mr. Shafiul Islam Kamal (Chairman). Moreover, it has emerged as a separate physical entity from Islam Group after the death of its Chairman. At the present time, Navana Group comprises a number of companies, has diversified its activities in various areas like product and project marketing, construction and real estate business, international trading, distributions and production of various items and already attained significance in the business arena of Bangladesh.
It has 15 types of Industries: Automobile, Industrial Equipments, Battery, Real Estate Construction, Electrical and Electronics, Furniture, Food, Medical Equipments, Petroleum Products, International Freight Forwarding, Oil & Gas, Plastic, Renewable Energy, Security & Protection.
GROUP COMPANIES: Aftab Automobiles Ltd, (Automobile Assembling Unit)· Aftab Automobiles Ltd. (Paint Unit),Aftab Automobiles Ltd. (Battery Unit), Aftab Automobiles Ltd.(Furniture Unit), Navana Limited, Navana Limited (CNG Unit), Navana Real Estate Ltd, Navana Construction Ltd, Navana Computers & Technologies Ltd, Biponon Ltd, Navana Interlinks Ltd, Navana Taxi Cab Co. Ltd, Navana Electronics Ltd, Navana Distributions Ltd, Navana Textiles Ltd, Navana Aviation Ltd.
RELATED ACTIVITY: Automobile Assembling, Automobile Manufacturing, Paint Manufacturing, Marketing & Sales, Battery Manufacturing, Marketing& Sales, Automobile Marketing & Sales, Real Estate Development, Construction, Computer Hardware & Accessories, Trading, Project Marketing, Taxi Cab Sales & Marketing, IPS, UPS, Stabilizer Manufacturing, Sales & Marketing, Commodity Products Sales & Marketing,Tyre Sales & Marketing, Medical & Scientific Equipment Sales & Marketing, Lubricant Marketing & SalesBANKERS , IFIC Bank Ltd, Agrani Bank Ltd, Pubali Bank Ltd, Sonali Bank Ltd, Muslim Commercial Bank Ltd. , Dutch Bangla Bank Ltd, National Bank Ltd, Arab Bangladesh Bank Ltd, Standard Chartered Bank Ltd, The City Bank Limited, Prime Bank Limited, Eastern Bank Ltd.
4. Abul Khair GROUP
Abul Khair Group operates as an industrial conglomerate. It started its journey as a tobacco marketing. And, it was founded in 1953. It’s based in the commercial capital Chittagong. Abul Khair Group is one of the nation’s fast-growing business conglomerates, engaged in manufacturing & marketing of many diversified fast moving consumer goods (FMCG), such as Beverage, Juice, snacks and Branded Tea, Cement, Ceramic, Ready Mix Concrete, Tobacco, and Cigarettes- “from Seed to Smoke”Matches, Biris (Hand Rolled Tobacco Smoking product). Shipping line and logistics operations and General Trading OperationsThe group provide employment to approximately 38,000 people across all its operations.
The companies listed under Abul Khair Group are Abul Khair Condensed Milk Industries Ltd, Abul Khair Tea Limited, Shah Dairy Products Ltd, Abul Khair Steels Ltd, Abul Khair Condensed Milk and Beverage Industries, Smark Coconut Oil Products Ltd, Shah Dairy Foods Ltd, A.K Properties Limited, A.K Corporation Ltd, Abul Khair Tobacco Company Ltd
5. Bashundhara GROUP
One of the largest industrial conglomerates of Bangladesh, founded by Ahmed Akbar Sobhan. In the beginning, It started in 1987 as a real estate company venture under the name East West Property Development Limited (EWPD). The first project of EWPD turned out to be very successful. A number of employees over 15000 (founded by Ahmed Akbar Sobhanand present Chairman began in 1987 as real estate venture. Shafiat Sobhan Sanviris is the Vice Chairman of Bashundhara Group. After its first successful project, Bashundhara invested in new fields, including manufacturing, industry, and trading. More enterprises were established in the early 1990s; these included cement, paper, pulp, tissue paper and steel production, as well as LP Gas bottling and distribution. Bashundhara received permission from Bangladesh Economic Zones Authority Setup two specialized economic zones in Keraniganj, Dhaka, Bangladesh. Bashundhara Group now operates over 20 major concerns: East-West Property Development, Bashundhara Cement Industries Limited, East West Media Group, Social Islami Bank Limited, Bashundhara Kings, Rangpur Riders, Meghna Cement Mills Ltd. (a member of the Bangladesh Cement Manufacturers Association) and Bashundhara City (Bengali:বসুন্ধরা সিটি); the second-largest shopping mall of Bangladesh. Bashundhara Group is continuously expanding its business in various sectors starting from the real estate sector to the steel industry. In 2009, they started a new enterprise, East-West Media GroupLtd. It now owns four big media houses of Bangladesh.
6. Beximco GROUP
The largest and most diversified industrial conglomerates of Bangladesh. ASF Rahman founded it in 1972. Beximco Group has almost 50,000 employees. The group is listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange, with a market capitalization of over US$ 300 million. Its pharmaceutical division- Beximco Pharma, is listed on the London Stock Exchange. Its chairman and vice-chairman both have a net worth of over US$ 2 Billion. BEXIMCO is just not a company anymore; it has become a symbol of creativity, honesty, and standard. Everything associated with the group has to be described in a superlative manner. The group has the largest textile industry not just in Bangladesh but in entire South Asia. It is also Bangladesh’s largest exporter in the pharmaceuticals sector. They are the largest ceramic exporters. GMG Airlines, a concern of BEXIMCO Group, is the largest private aviation airline in Bangladesh. The group also owns the Westin Hotel, one of the grandest hotels of Dhaka.
This group’s key businesses include ceramics, pharmaceuticals, textiles, jute, information technology, aviation, media, finance, real estate, construction, and energy.
7. Square GROUP
Samson H founded Square Group in 1958. Chowdhury along with three of his friends as a private firm. It went public in 1991 and is currently holding the strong leadership position in the pharmaceutical industry. It is in the 1st position since 1985. Square Group is now on its way to becoming a high-performance global player. Square becomes more than just an organization, it is an institute. In a career spanning across four and half decades, it has pioneered the development of the local business in fields as diverse as Pharmaceuticals, Toiletries, Garments, Textile, Information Technology, Health Products, Food Products, Hospital, etc.
8. City GROUP
Fazlur Rahman a business magnate in the private sector of Bangladesh established City Group. It began on 6 February 1972 as a mustard oil company venture under the name City Oil Mills. After the success of the first project of City Oil Mills, the company started to grow very quickly. City Group invested in new fields including manufacturing, industry, and trading. It established more enterprises in the early 1990s; these included consumer goods, foods, steel, printing & packaging, shipping, power and energy, shares and securities, insurance, media, and healthcare. It presently owns more than 23 major concerns located throughout Bangladesh for which it stands as one of top ten business houses in Bangladesh. The total workforce of the city group is about 10000.
9. Partex GROUP
This conglomerate industry includes foods and beverages, steel, real estate, furniture, agribusiness, plastics, etc. It started in 1959 by industrialist M A Hashem with tobacco trading. Now, it owns over 40 subsidiaries from tobacco to consumer goods, furniture, textile and the IT sector. These days it has split into two groups to improve management of its subsidiaries.
Partex’s companies are market leaders in nearly all sectors, including food and beverages, plastics, fabrics, cotton, sugar, paper, jute, shipping, furniture, real estate, media, and education.
List of companies: Partex Cables Limited, Star Particle Board Mills Limited, Partex Furniture, Partex Builders Limited, Star Gypsum Board Mills Limited, Partex Laminates Limited, Partex Impregnation Limited, Partex PVC Industries Limited, Partex Agro Limited, Partex Limited, Partex Housing Limited, Danish Condensed Milk (BD) Ltd, Danish Foods Limited, Danish Distribution Network Limited, Danish Milk Bangladesh Limited.
10. Ananda GROUP
The first Ananda Company was established in 1983 as the Ananda Builders by Abdullah Bari Farina. The diverse business areas of the group include shipbuilding, heavy engineering, textiles, real estate and shipping. The most well-known concern under the group is Ananda Shipyard and Shipways Ltd which is the largest of the private shipyards in Bangladesh. Ananda Aqua ExportsAnanda FisheriesAnanda HatcheriesAnanda InnAnanda Bhagavati FoodsAnanda BiotechAnanda EnterprisesAnanda Raju Rice MillsAnanda PoultryDevee BiologicalsPadmavathy PolymersSurya BiotechIndus Mega Food ParkGodavariMega Aqua Food Park
Source: Wikipedia & Companies Website
Contributor: Sunzida Ferdous
Studying at Mawlana Bhashani Science & Technology University, Bangladesh.