Bengal Group of Industries

Last updated
Bengal Group of Industries
Formation1969
Headquarters Dhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
Website www.bengalgroup.com

Bengal Group (also known as Bengal group of Industries) is a Bangladeshi conglomerate. [1] [2] It was established in 1969. It includes Bengal Plastic the largest plastic manufacturer in Bangladesh. [3] [4] Morshed Alam, a member of parliament from Awami League, is the chairman of the Bengal Group of Industries. [5] The Vice chairman of the group is Md Jashim Uddin, younger brother of Morshed Alam. [6] [5]

Contents

History

Bengal Group of Industries was established in 1969 by Morshed Alam in rented factory in Old Dhaka. [7]

In 2004, Jashim Uddin became the president of Bangladesh Plastic Goods Manufacturers and Exporters Association. [8] In June, Bengal Group purchased Rahmania Biscuit and Bread Industries. [9]

In March 2007, a fire started at the headquarters of the group in first floor of BSEC Bhaban in Karwan Bazar leaving four dead and 36 injured. [10] The office of Dandy Dying also burned down on the eight floor. [10]

In 2008, The Daily Star and DHL Express awarded Enterprise of the Year 2007 to Bengal Plastic. [11]

Morshed Alam was elected chairman of Mercantile Bank in 2011. [12]

In February 2015, Bengal Plastic announced a 500 million expansion plan. [1] It raised 500 million taka through Commercial papers for Bengal Plastic. [13] Bengal Plastics manufactures products for Mainetti Group. [14]

Humayun Kabir Bablu, Director, Bengal Group of Industries, receiving the CIP award-2021 Humayun Kabir Bablu.jpg
Humayun Kabir Bablu, Director, Bengal Group of Industries, receiving the CIP award-2021

In September 2017, Bengal Group signed an agreement to receive a loan from International Finance Corporation and FMO (Netherlands) to build a luxury hotel, Swissôtel Dhaka, in Dhaka. [15] The loan will be arranged by Mutual Trust Bank Limited. [15] Bengal Group requested permission to open a bank. [16] Bengal Group signed an agreement Dhaka Power Distribution Company Limited to build rooftop power plants and sell the electricity to Dhaka Power Distribution Company for 9.8 taka per unit. [17] Bengal Group would own and operate the solar cells built on the buildings of Bangladesh Institute of Bank Management, Department of Fisheries, Directorate Of Secondary & Higher Education, Shaheed Suhrawardi Indoor Stadium, Shilpakala Academy, and Uttara Haji Camp. [17]

In February 2020, Bangladesh Bank approved the request for Bengal Bank Limited with a paid up capital of 5 billion taka. [6] [5]

Shikha Bhaban (Directorate Of Secondary & Higher Education), one of the government buildings where Bengal is setting up a solar plant on the roof. Shikkha Odhikar.jpg
Shikha Bhaban (Directorate Of Secondary & Higher Education), one of the government buildings where Bengal is setting up a solar plant on the roof.

Bengal Cement signed an agreement to supply cement for the Dhaka Elevated Expressway in 2022. [18] It flew dealers of Bengal Plastic on a trip to Nepal. [19] Bengal Plastic was awarded gold in export trophies for 13 years in a row. [20] The 24 outlet of Happy Mart opened in October in Mohammadpur. [21]

List of business and concerns

Related Research Articles

<span class="mw-page-title-main">Chuadanga District</span> District of Bangladesh in Khulna Division

Chuadanga, is a district of the western Khulna Division of Bangladesh. It is bordered by the Indian state of West Bengal to the west, Meherpur District to the northwest, Jessore District to the south, Jhenaidah District to the east, and Kushtia District to the north. Before partition Chuadanga was one of the five subdivisions under Nadia district.

<span class="mw-page-title-main">Sirajganj</span> City in Rajshahi Division, Bangladesh

Sirajganj is a city in north-western Bangladesh on the right bank of the Jamuna River. It is the administrative headquarters of Sirajganj District, and with a population of 167,200 is the fourteenth most populous city in the country. It is about 110 kilometres (68 mi) north west of the capital, Dhaka. It is the city where Pakistani Brig. Jehanzeb Arbab looted the bank back in 1971 during Bangladesh liberation war. It was once a principal centre of the jute trade.

Prime Bank Limited is a private commercial bank in Bangladesh with its headquarters in Dhaka. With 146 branches and 170 ATM the bank has operation in corporate, consumer, MSME and sustainable banking. Tanjil Chowdhury, managing director of East Coast Group, is chairman of Prime Bank.

Southeast Bank Limited is a private commercial bank in Bangladesh. Alamgir Kabir is chairman of the bank and M Kamal Hossain is the managing director of the bank.

<span class="mw-page-title-main">S. Alam Group of Industries</span> Bangladeshi industrial conglomerate

S.Alam Group is a Bangladeshi industrial conglomerate. S. Alam Group also has investment in banking, leasing, insurance, stock brokering, and merchant banking. The industries under this group include food and allied products, steel, banking, consumer products, sugar, cement, power, energy, transportation, shipping, manufacturing, hospitality, financial institution, agro, trading, oil, and gas.

Confidence Group of Companies Limited is a Bangladeshi company, involved in manufacturing mid-tech manufacturing engineering products. The conglomerate commenced its operation in 1991 with cement manufacture, and is involved with power generation and the manufacture of Spun Pre-stressed Concrete (SPC) poles. As of 2017, the conglomerate claims to consist of 8 operational business entities.

Bashundhara Group is a Bangladeshi conglomerate. It is one of the largest manufacturing companies in Bangladesh. It was incorporated in 1987 as a real estate company venture under the name East West Property Development Ltd (EWPD). The first project of EWPD turned out to be very successful. After then, the company grew very quickly. It presently owns more than 50 major concerns located throughout Bangladesh.

<span class="mw-page-title-main">Mercantile Bank (Bangladesh)</span>

Mercantile Bank Limited is a commercial bank headquartered in Dhaka, Bangladesh.

<span class="mw-page-title-main">Orion Group (Bangladesh)</span>

Orion Group is one of the largest Bangladeshi industrial conglomerates. The industries under this conglomerate include Orion Pharma Ltd, chemicals, pharmaceuticals, infrastructure development, agribusiness, hospitality, textiles, aviation etc. Orion was established by Obaidul Karim, the chairman of the group, and Salman Obaidul Karim, his the managing director. It built the Mayor Hanif flyover in Dhaka. The tallest building in Bangladesh, City Centre Dhaka is built by this group. The company is also the sole franchisee of Krispy Kreme and Fish & Co. restaurants in Bangladesh.

<span class="mw-page-title-main">Partex Group</span>

Partex Group is one of the largest family-run conglomerates in Bangladesh, consisting of over 70 factories. The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, plastics, etc.

First Security Islami Bank Limited is a public limited bank in Bangladesh which was founded on 29 August 1999 provides sharia compliant banking. Mohammed Saiful Alam, chairman of S. Alam Group of Industries, is the chairman of First Security Islami Bank Limited. The bank experienced a cash crunch in 2022 after proving large unsecured loans.

Morshed Alam is a Bangladeshi business magnate, politician and the incumbent Member of Parliament from Noakhali-2. He was declared a Commercially Important Person (CIP) for the fiscal year of 1996–1997, 1999–2000, 2008–2009 & 2010–2011 (export) by the Ministry of Commerce, Government of the People's Republic of Bangladesh. He is also the recipient of the Prime Minister's National Export Trophy, for which he won gold and silver four times and bronze once. In 1969 he founded Bengal Group and it is one of the largest plastic and manufacturing groups in Bangladesh today.

Anwar Group of Industries is one of the largest and oldest Bangladeshi conglomerates. It consists of 18 subsidiaries that are servicing consumer goods, steels, cement, textile, finance and automotive industry. Manwar Hossain is the Chairman of Anwar Group.

Doreen Group is a Bangladeshi diversified conglomerate based in Dhaka. Nur-E-Alam Siddique is chairperson of the group. Parveen Alam Siddique is the senior vice chairperson. Tahzeeb Alam Siddique is the managing director and Tanzeer Alam Siddique is the vice-chairperson.

Metro Group is a Bangladeshi diversified conglomerate based in Dhaka. It is the parent company of Best Holding Limited which owns Le Meridien Dhaka.

MIDAS Financing Limited is a major non-bank financial institution in Bangladesh.

Union Bank Limited is a fourth-generation private Islamic bank in Bangladesh. It is listed on the Dhaka Stock Exchange.

Saudi-Bangladesh Industrial and Agricultural Investment Company Limited is an investment and finance company owned by the government of Bangladesh and the government of Saudi Arabia.

Aviva Finance Limited is a sharia complaint major non-bank financial institution in Bangladesh. It was formerly called Reliance Finance Limited. Mohammed Saiful Alam is the chairman of Aviva Finance Limited and also S. Alam Group. The former managing director of Reliance Finance Limited, Proshanta Kumar Halder, embezzled from Reliance and other financial institutions in Bangladesh through fraudulent loans. According to the Anti-Corruption Commission Proshanta Kumar Halder had stolen 102 billion taka. The Daily Star gave Proshanta Kumar Halder the name sultan of swindle.

Bengal Commercial Bank Limited is a fifth generation private commercial bank in Bangladesh. Md. Jashim Uddin, Vice Chairman of Bengal Group of Industries, is chairman of Bengal Commercial Bank Limited. Ghulam Mohammed Alomgir, the chairman of Max Group, is the vice chairman of Bengal Commercial Bank Limited.

References

  1. 1 2 "Bengal Plastics to spend Tk 50cr on expansion". The Daily Star. 2015-02-23. Retrieved 2020-11-28.
  2. ↑ "DSE to invite big firms to market". The Daily Star. 2021-12-14. Retrieved 2022-11-07.
  3. ↑ "Bangladesh Business Awards 2007". The Daily Star. Retrieved 2022-11-07.
  4. ↑ Saha, Suman (2014-08-12). "Product varieties raise demand for plastic goods". The Daily Star. Retrieved 2022-11-07.
  5. 1 2 3 "Another new bank opens for business". The Daily Star. 2021-03-11. Retrieved 2022-11-07.
  6. 1 2 3 "Bengal bank gets final approval". New Age. Retrieved 2020-11-28.
  7. ↑ "Bengal Group of Industries". www.bengalgroup.com. Retrieved 2022-11-07.
  8. ↑ "New president of plastic goods manufacturers' association". The Daily Star. Retrieved 2022-11-07.
  9. ↑ "Rahmania Biscuit re-introduces its products". The Daily Star. Retrieved 2022-11-07.
  10. 1 2 "Probe fails to find cause of BSEC fire". The Daily Star. Retrieved 2022-11-07.
  11. ↑ "Bengal Plastic, Ikebana and Viyellatex Group honoured". The Daily Star. 2008-04-26. Retrieved 2022-11-07.
  12. ↑ "New vice chairmen for Mercantile Bank". The Daily Star. 2011-04-25. Retrieved 2022-11-07.
  13. ↑ Saha, Suman (2015-03-18). "Commercial papers: short-cut to funds". The Daily Star. Retrieved 2022-11-07.
  14. ↑ "Mainetti USA chief in town to visit factory of Bengal Plastics". The Daily Star. 2015-10-21. Retrieved 2022-11-07.
  15. 1 2 "Bengal Group gets $36m from IFC, Dutch govt for luxury hotel". The Daily Star. 2017-09-29. Retrieved 2022-11-07.
  16. ↑ "3 new banks to get licenses: Muhith". The Daily Star. UNB. 2017-11-27. Retrieved 2022-11-07.
  17. 1 2 "Solar power likely from June". The Daily Star. UNB. 2017-10-14. Retrieved 2022-11-07.
  18. ↑ "Bengal Cement to be used in elevated expressway". The Daily Star. 2022-04-25. Retrieved 2022-11-07.
  19. ↑ "Dealers of Bengal Plastic Pipes are now in Nepal". Dhaka Tribune. 2022-10-16. Retrieved 2022-11-07.
  20. ↑ "Bengal Plastics Ltd receives Leed-gold certificate". Dhaka Tribune. 2022-08-10. Retrieved 2022-11-07.
  21. ↑ "Happy Mart opens new outlet at Mohammadpur". The Business Standard. 2022-10-20. Retrieved 2022-11-07.
  22. ↑ "Bengal Plastics Ltd". bengalgroup.com. Retrieved 2022-11-07.
  23. ↑ "Bengal – Decorate your home with us!" . Retrieved 2022-11-07.
  24. ↑ "Bengal Windsor Thermoplastics Ltd". www.windsor.bengalgroup.com. Retrieved 2022-11-07.
  25. ↑ "Welcome to Bengal Adhesive & Chemical Product Ltd. | Just another site" . Retrieved 2022-11-07.
  26. ↑ Habib, Ahasan. "Bengal Melamine – Bengal Melamine" . Retrieved 2022-11-07.
  27. ↑ Chakma, Jagaran (2021-10-19). "Melamine market growing steadily". The Daily Star. Retrieved 2022-11-07.
  28. ↑ "Bengal Corrugated Carton Industries Ltd". bengalgroup.com. Retrieved 2022-11-07.
  29. ↑ "Hamilton Metal Corporation Limited". bengalgroup.com. Retrieved 2022-11-07.
  30. ↑ "Bengal Retails Limited (Happy Mart) - A Sister concern of Bengal Group". Happy Mart. Retrieved 2022-11-07.
  31. ↑ "Bengal Plastic Pipes Ltd |" . Retrieved 2022-11-07.
  32. ↑ "Plastic pipe market thrives with time". The Daily Star. Retrieved 2022-11-07.
  33. ↑ "Bengal Cement" . Retrieved 2022-11-07.
  34. ↑ "Bengal Poly & Paper Sack Ltd" . Retrieved 2022-11-07.
  35. ↑ "Home -BENGAL FlexiPak LIMITED". flexipak.bengalgroup.com. Retrieved 2022-11-07.
  36. ↑ "Romania Food & Beverage Ltd. |" . Retrieved 2022-11-07.
  37. ↑ Parvez, Sohel (2008-07-15). "Local biscuit makers feel pinch of price hike of essentials". The Daily Star. Retrieved 2022-11-07.
  38. ↑ "Lexus Biscuits - Vegetable, calcium, Zero Completes one's satisfaction". Lexus Biscuits. Retrieved 2022-11-07.
  39. ↑ "Designer Fashion | Home". www.designerfashion.com.bd. Retrieved 2022-11-07.
  40. ↑ "Bengal Feed & Fisheries Ltd". bengalgroup.com. Retrieved 2022-11-07.
  41. ↑ "Euphoria Apparels Ltd". www.euphoriaapparels.com. Retrieved 2022-11-07.
  42. ↑ "Designer Washing & Dyeing Ltd". dwdl.com.bd. Retrieved 2022-11-07.
  43. ↑ "Bangladesh News Online | Online Newspaper BD - RTV". RTV Online. Retrieved 2022-11-07.
  44. ↑ "Look @ Me Magazine". lookatme.com.bd. Retrieved 2022-11-07.
  45. ↑ ".:: Future Infrastructure Limited ::". bengalgroup.com. Retrieved 2022-11-07.
  46. ↑ "bengal". bengalgroup.com. Retrieved 2022-11-07.
  47. ↑ "Linnex – Electronics & Home Appliences" . Retrieved 2022-11-07.
  48. ↑ Ahasan. "Home Linnex Mobile – Linnex" . Retrieved 2022-11-07.
  49. ↑ "Index of /". www.bengallpg.com. Retrieved 2022-11-07.
  50. ↑ "Bengal Solar". bengalsolar.com.bd. Retrieved 2022-11-07.
  51. ↑ "Bengal Solar". www.bengalsolar.com.bd. Retrieved 2022-11-07.
  52. ↑ "AJ Overseas Company Ltd". bengalgroup.com. Retrieved 2022-11-07.
  53. ↑ "Swissotel – Hotels & Resorts" . Retrieved 2022-11-07.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.