KDS Group

Last updated

KDS Group
Company typePrivate company
Industry Conglomerate
Founded1983;41 years ago (1983)
FounderKhalilur Rahman
Headquarters255 Nasirabad I/A Baizid Bostami Road,
Chittagong
,
Bangladesh
Key people
Khalilur Rahman (Chairman)
Products Garments, textile, trims and packaging, steel, logistic and shipping
RevenueIncrease2.svgUS$150 million (2012)
Number of employees
25000
Website http://www.kdsgroup.net/

KDS Group is a business and industrial conglomerates of Bangladesh, which is based in Chittagong [1] but with extensive operations in Dhaka as well. [2] It has also established offices and agencies in India, Hong Kong and is currently expanding into Europe and North America. [3]

Contents

History

The group was founded in 1983, through the establishment of one of the first garments industries of Bangladesh. [4] The founder of the group was Khalilur Rahman. [4]

KDS Textiles was established in 2000. [4] The same year, KDS Steel established KYCR Coil Industries Limited. [4] In 2001, the Cold Rolling Mills Complex was established by KDS group. [5]

In March 2009, KDS Logistics began operations of its Inland Container Depot near Chittagong Port. [6] The group had invested three billion BDT to establish the depot. [6] The Group was awarded the national export trophy in 2010 by Prime Minister Sheikh Hasina. [7]

KDS Accessories established a new factory in Gazipur District in September 2016. [8]

In February 2017, Khalilur Rahman, chairman of KDS Group, was elected chairman of AIBL Capital Market Services Limited, a subsidiary of Al-Arafah Islami Bank. [9] It announced plans to invest 10 million USD in the Bangabandhu Hi-Tech City. [10]

The Department of Environment implicated KDS Textile Mills Limited of polluting Halda River in a report of the agency. [11] In November 2019, KDS Accessories approved 15 per cent dividend for stock holders. [12]

In August, the managing director of the group, Salim Rahman, was made the chairman of Al-Arafah Islami Bank. [13]

KDS Accessories Limited profit increased 6 per cent in 2022 from 2021. [14] The rising cost of raw materials had reduced the bottom line for the company. [15]

Businesses

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References

  1. ↑ Khan, Jasim Uddin (6 March 2008). "New pvt inland container depots in Chittagong". The Daily Star. Retrieved 25 January 2023.
  2. ↑ "Tk 300cr logistics yard set for launch". The Daily Star. 16 March 2009. Retrieved 26 August 2018.
  3. ↑ "KDS group to set up Tk 1400cr HR coil, sugar refinery plants". New Age. Dhaka. Archived from the original on 22 December 2005.
  4. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 "KDS". www.kdsgroup.net. Retrieved 25 January 2023.
  5. ↑ "Corrugated sheets shine". archive.thedailystar.net. Retrieved 25 January 2023.
  6. 1 2 "Tk 300cr private ICD starts operation in Chittagong today". The Daily Star. 21 March 2009. Retrieved 25 January 2023.
  7. ↑ "Prime Minister Sheikh Hasina presents the national export trophy to KDS Group Chairman Khalilur Rahman at Osmani Memorial Auditorium in Dhaka yesterday". archive.thedailystar.net. Retrieved 25 January 2023.
  8. ↑ "KDS Accessories eyes Tk 100cr from new unit". The Daily Star. 28 September 2016. Retrieved 25 January 2023.
  9. ↑ "Khalilur Rahman elected chairman of AIBL Capital Market". The Daily Star. 28 February 2017. Retrieved 25 January 2023.
  10. ↑ "Nine firms get land at Bangabandhu Hi-Tech City". The Daily Star. 26 September 2018. Retrieved 25 January 2023.
  11. ↑ Yousuf, Mostafa (22 March 2019). "Big industries killing Halda". The Daily Star. Retrieved 25 January 2023.
  12. ↑ Staff Correspondent; Ctg (8 November 2019). "KDS Accessories approves 15pc dividends". The Daily Star. Retrieved 25 January 2023.
  13. ↑ "Al-Arafah bank gets new chairman, vice-chairman". The Daily Star. 11 August 2021. Retrieved 25 January 2023.
  14. ↑ "KDS Accessories' profit up 6pc". The Daily Star. 4 October 2022. Retrieved 25 January 2023.
  15. ↑ "Raw material price hike eats into KDS Accessories profits". The Business Standard. 2 October 2022. Retrieved 25 January 2023.
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