Small, medium and large family owned conglomerates dominate over Bangladesh's economy. [1] Most of these businesses in Bangladesh are grouped as conglomerates unlike other countries. [2]
Small, medium and large family owned conglomerates dominate over Bangladesh's economy. [1] Most of these businesses in Bangladesh are grouped as conglomerates unlike other countries. [2]
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
| Name | Industry | Sector | Headquarters | Founded | Notes |
|---|---|---|---|---|---|
| A K Khan & Company | Conglomerates | - | Chittagong | 1945 | Textiles, logistics, water, financial services, telecoms, agriculture |
| Aarong | Consumer goods | Personal & household goods | Dhaka | 1978 | General retail |
| Abul Khair Group | Conglomerates | - | Chattogram | 1953 | Steel, cement, tobacco, food & beverage, consumer product, automobile |
| Adamjee Jute Mills | Consumer goods | Clothing & accessories | Narayanganj | 1951 | Jute mill, defunct 2002 |
| Advanced Chemical Industries (ACI) | Conglomerates | - | Dhaka | 1968 | Chemicals, foods, pharma, consumer products, logistics, consumer electronics, automobile services, communication |
| Agamee Prakashani | Consumer services | Publishing | Dhaka | 1986 | Publishing |
| Agrani Bank | Financials | Banks | Dhaka | 1972 | State-owned bank |
| Airtel Bangladesh | Telecommunications | Mobile telecommunications | Dhaka | 2007 | 4G cellular, part of Axiata (Malaysia) |
| Akij | Conglomerates | - | Dhaka | 1940 | Textiles, tobacco, food & beverage, cement, ceramics, printing, pharma, consumer products, automobile, hospital |
| Alim Industries Limited | Industrials | - | Sylhet | 1990 | Agricultural machinery |
| Amar Desh | Consumer services | Publishing | Dhaka | 2004 | Newspaper |
| Asian TV | Consumer services | Broadcasting & entertainment | Dhaka | 2013 | Satellite television channel |
| ATN Bangla | Consumer services | Broadcasting & entertainment | Dhaka | 1997 | Cable television channel |
| Bangladesh Bank | Financials | Banks | Dhaka | 1971 | State bank |
| Bangladesh Machine Tools Factory | Industrials | Defense | Gazipur City | 1979 | Defense vehicles |
| Bangladesh Petroleum Corporation | Oil & gas | Exploration & production | Dhaka | 1976 | State-owned petrochemical |
| Bangladesh Shipping Corporation | Industrials | Marine transportation | Chittagong | 1972 | State-owned shipping |
| Banglalink | Telecommunications | Mobile telecommunications | Dhaka | 1996 | 4G cellular |
| Banglalion | Telecommunications | Mobile telecommunications | Dhaka | 2008 | 4G LTE wireless broadband |
| Banglavision | Consumer services | Broadcasting & entertainment | Dhaka | 2006 | Satellite TV channel |
| Bashundhara Group | Conglomerates | - | Dhaka | 1987 | Property development, cement, paper, steel, food |
| Best Air | Consumer services | Airlines | Dhaka | 2007 | Private airline, defunct 2009 |
| Beximco Pharma | Health care | Pharmaceuticals | Gazipur City | 1980 | Pharmaceuticals, part of Beximco |
| Beximco | Conglomerates | - | Dhaka | 1972 | Pharmaceuticals, textiles, ceramics, aviation, media, finance, real estate, construction" |
| Bikroy.com | Technology | Software | Dhaka | 2012 | E-commerce |
| Biman Bangladesh Airlines | Consumer services | Airlines | Dhaka | 1972 | Flag carrier airline |
| Bismillah Airlines | Consumer services | Airlines | Dhaka | 1998 | Airline |
| Bismillah Group | Consumer goods | Clothing & accessories | Dhaka | 1988 | Textiles and towels |
| BRAC Bank Limited | Financials | Banks | Dhaka | 2001 | Private commercial bank |
| BSRM | Basic materials | Iron & steel | Chittagong | 1952 | Steel products |
| BTCL | Telecommunications | Fixed line telecommunications | Dhaka | 1971 | Fixed line, broadband Internet |
| Building Technology & Ideas | Financials | Real estate holding & development | Dhaka | 1984 | Financial services, real estate |
| Channel 9 | Consumer services | Broadcasting & entertainment | Dhaka | 2011 | Satellite TV channel |
| Channel i | Consumer services | Broadcasting & entertainment | Dhaka | 1999 | Private television network |
| City Group | Conglomerates | - | Dhaka | 1972 | Consumer goods, foods, steel, printing & packaging, shipping, power & energy, financials |
| Citycell | Telecommunications | Mobile telecommunications | Dhaka | 1989 | CDMA mobile communications |
| Concord Group | Conglomerates | - | Dhaka | 1973 | Construction, real estate, architecture & design, communication, entertainment, hospitality, garments |
| Confidence Group | Conglomerates | - | Dhaka | 1991 | Engineering, concrete, energy, paints |
| Cooper's | Consumer goods | Food & beverage | Dhaka | 1984 | Bakery |
| Credit Rating Information and Services Limited (CRISL) | Financials | Consumer finance | Dhaka | 1992 | Credit ratings |
| Delta Brac Housing Finance Corporation | Financials | Consumer finance | Dhaka | 1996 | Financial services |
| Desh TV | Consumer services | Broadcasting & entertainment | Dhaka | 2009 | Television network |
| Dhaka Bank Limited | Financials | Banks | Dhaka | 1995 | Private commercial bank |
| Dragon Group | Consumer goods | Clothing & accessories | Dhaka | 1980 | Clothing |
| Dutch Bangla Bank | Financials | Banks | Dhaka | 1995 | Private commercial bank |
| Eastern Bank Limited | Financials | Banks | Dhaka | 1992 | Private commercial bank |
| Eastern Housing Limited | Financials | Real estate holding & development | Dhaka | 1965 | Real estate |
| Ekushey Television | Consumer services | Broadcasting & entertainment | Dhaka | 2000 | Satellite TV channel |
| Eskayef Bangladesh | Health care | Pharmaceuticals | Dhaka | 1990 | Pharmaceuticals |
| EXIM Bank | Financials | Banks | Dhaka | 1999 | Private commercial bank |
| FMC Dockyard Limited | Industrials | Commercial vehicles & trucks | Chittagong | 1998 | Shipyard |
| General Pharma | Health care | Pharmaceuticals | Dhaka | 1984 | Pharmaceuticals |
| Globe Janakantha Shilpa Paribar | Conglomerates | - | Dhaka | 1969 | Construction, engineering, electrical cables, information technology, printing, media |
| GMG Airlines | Consumer services | Airlines | Dhaka | 1997 | Airline, defunct 2012 |
| Grameen Bank | Financials | Banks | Dhaka | 1983 | Microfinance |
| Grameenphone | Telecommunications | Mobile telecommunications | Dhaka | 1997 | 4G cellular |
| Habib Group | Conglomerates | - | Chittagong | 1947 | Aviation, cement, paper, energy, steel, textile |
| Ha-meem Group | Consumer goods | Clothing & accessories | Dhaka | 1984 [3] | Textiles, leather, jute mill |
| HRC Group | Conglomerates | - | Dhaka | 1991 | Shipping, Media, real estate, agri-products, IT |
| IDLC Asset Management Limited | Financials | Nonequity investment instruments | Dhaka | 2016 | Mutual funds |
| IDLC Finance Limited | Financials | Specialty finance | Dhaka | 1985 | Loans, deposits, commercial financials |
| IDLC Investments Limited | Financials | Specialty finance | Dhaka | 2010 | Merchant bank |
| IDLC Securities Limited | Financials | Specialty finance | Dhaka | 2006 | Stock Broker |
| IFIC Bank | Financials | Banks | Dhaka | 1976 | Private commercial bank |
| Impress Group | Conglomerate | Pharmaceuticals | Dhaka | 1999 | Pharmaceuticals |
| Independent Television | Consumer services | Broadcasting & entertainment | Dhaka | 2010 | 24-hour news channel |
| Investment Corporation of Bangladesh (ICB) | Financials | Investment services | Dhaka | 1976 | |
| Islami Bank Bangladesh Ltd | Financials | Banks | Dhaka | 1983 | Private bank |
| Jaaz Multimedia | Consumer services | Broadcasting & entertainment | Dhaka | 2011 | |
| Jamuna Bank | Financials | Banks | Dhaka | 2001 | Private commercial bank |
| Jamuna Group | Conglomerates | - | Dhaka | 1974 | Textiles, chemicals, construction, leather, engineering, beverages, media, advertisement" |
| Jamuna Oil Company | Oil & gas | Exploration & production | Chittagong | 1964 | Secondary oil products, part of Bangladesh Petroleum Corporation |
| Janata Bank | Financials | Banks | Dhaka | 1971 | State-owned bank |
| Jiban Bima Corporation | Financials | Life insurance | Dhaka | 1973 | State-owned life insurance company |
| Kallol Group of Companies | Conglomerates | - | Dhaka | 1972 | Foods and beverage, hygiene, fabric care, watch and instruments |
| Karnaphuli Group | Conglomerates | Chittagong | 1954 | Automobiles, retails, media, ports, shipping, real estate | |
| Kazi Farms Group | Consumer goods | Food products | Dhaka | 1996 | Poultry |
| KDS Group | Consumer goods | Clothing & accessories | Chittagong | 1983 | Textiles |
| Khulna Shipyard | Industrials | Commercial vehicles & trucks | Khulna | 1957 | State-owned shipyard |
| M. M. Ispahani Limited | Conglomerates | - | Chittagong | 1820 | Tea, textiles, jute, shipping, real estate, food |
| Mask Associates | Private limited | Jute | Chittagong | 1982 | Jute manufacturing and export |
| Meghna Group of Industries | Conglomerates | - | Dhaka | 1976 [4] | Chemicals, foods and beverages, printing and packaging, shipping, insurance |
| Meghna Group | Conglomerates | - | Dhaka | 1989 | Automobile, engineering (bicycle), cement, packaging, textile |
| Mohona TV | Consumer services | Broadcasting & entertainment | Dhaka | 2010 | Television network |
| Monsoon Films | Consumer services | Broadcasting & entertainment | Dhaka | 2010 | |
| Nasir Group | Conglomerates | - | Dhaka | 1977 | Glass, melamine, printing and packaging, light bulbs |
| Nassa Group | Conglomerates | - | Dhaka | 1990 | Textile, banking, real estate, financial services, travel, education |
| National Bank Limited | Financials | Banks | Dhaka | 1983 | Public limited bank |
| Navana Group | Conglomerates | - | Dhaka | 1964 | Marketing, construction, real estate |
| Novoair | Consumer services | Airlines | Dhaka | 2007 | Private airline |
| NTV | Consumer services | Broadcasting & entertainment | Dhaka | 2003 | Satellite TV channel |
| One Bank Limited | Financials | Banks | Dhaka | 1999 | Commercial bank |
| Orion Group | Conglomerates | - | Dhaka | 1985 [5] | Pharmaceuticals, real estate, construction, power, hospitality, textiles, aviation |
| Otobi | Consumer goods | Furnishings | Dhaka | 1975 | Furniture |
| Padma Oil Company | Oil & gas | Exploration & production | Dhaka | 1965 | |
| Paradise Group of Industries | Conglomerates | - | Narayanganj | 1985 | Electrical cable, textile, engineering, real estate |
| Partex Group | Conglomerates | - | Dhaka | 1959 | Food & Beverages, Steel, Real Estate, Furniture, Plastics, Paper, Power & Energy, Jute, Agribusiness, Shipyards, Shipping, Textile, Construction, IT, Cabling, Aviation, Garments, PVC, Ceramics, Telecommunication, Oil, etc. |
| Petrobangla | Oil & gas | Exploration & production | Dhaka | 1972 | National oil company |
| Power Grid Company of Bangladesh | Utilities | Conventional electricity | Dhaka | 1996 [6] | |
| Pragoti | Consumer goods | Automobiles | Chittagong | 1966 | Automobiles |
| PRAN-RFL Group | Consumer goods | Pran Food and Beverage & RFL Plastic and Home Appliance | Dhaka | 1981 | Food and Beverage, Plastic Products, Home Appliance |
| Pride Group | Consumer goods | Clothing & accessories | Dhaka | 1958 | |
| Prime Bank Limited | Financials | Banks | Dhaka | 1995 | Private commercial bank |
| Prothom Alo | Consumer services | Publishing | Dhaka | 1998 | Newspaper |
| Pubali Bank | Financials | Banks | Dhaka | 1959 | Private commercial bank |
| Radio Foorti | Consumer services | Broadcasting & entertainment | Dhaka | 2006 | Radio |
| Rahimafrooz | Conglomerates | - | Chittagong | 1954 | Retail, electronics, automotive, oil & gas |
| Rajshahi Krishi Unnayan Bank | Financials | Banks | Rajshahi | 1986 | State-owned bank |
| Rangs Group | Conglomerates | - | Dhaka | 1979 | Automobile, electronics, real estate, shipping |
| RanksTel | Telecommunications | Fixed line telecommunications | Dhaka | 2004 | Fixed line |
| Regent Airways | Consumer services | Airlines | Dhaka | 2010 | Private airline, part of Habib Group |
| Regent Power Limited | Utilities | Conventional electricity | Chittagong | 2007 | Part of Habib Group |
| Renata Limited | Health care | Pharmaceuticals | Dhaka | 1993 | Pharmaceuticals |
| Robi | Telecommunications | Mobile telecommunications | Dhaka | 1997 | 4G cellular |
| RTV | Consumer services | Broadcasting & entertainment | Dhaka | 2005 | Satellite TV channel |
| Runner automobiles Ltd. | Consumer goods | Automobiles | Dhaka | 2000 | Automobiles |
| Rupali Bank | Financials | Banks | Dhaka | 1972 | State-owned bank |
| Sadharan Bima Corporation | Financials | Full line insurance | Dhaka | 1973 | State-owned non-life insurance company |
| Sajeeb Group | Conglomerates | - | Dhaka | 1982 | Food & beverage, basic materials, construction, oil & gas, industrial transportation, real estate |
| S. Alam Group of Industries | Conglomerates | - | Chittagong | 1985 | Food & beverage, basic materials, construction, oil & gas, industrial transportation, real estate |
| Sheltech | Financials | Real estate holding & development | Dhaka | 1988 | Real estate |
| Shyampur Sugar Mills | Consumer goods | Food products | Rangpur City | 1967 | Sugar; falls under the Bangladesh Sugar and Food Industries Corporation. [7] [8] [9] |
| Sikder Group | Conglomerate | Dhaka | 1950 | Textiles, power, real estate, healthcare, banking, insurance, aviation | |
| Somoy TV | Consumer services | Broadcasting & entertainment | Dhaka | 2010 | 24-hour news channel |
| Sonali Bank | Financials | Banks | Dhaka | 1972 | State-owned bank |
| Southeast Bank Limited | Financials | Banks | Dhaka | 1995 | Private commercial bank |
| Square Group | Health care | Pharmaceuticals | Dhaka | 1958 | Pharmaceuticals |
| STS Group | Health care | Conglomerates | Dhaka | 1997 | Education and healthcare |
| Summit Group | Conglomerates | - | Dhaka | 1985 | Telecommunications, oil & gas, industrial transportation |
| T K Group of Industries | Conglomerates | - | Chittagong | 1972 | Consumer goods, Edible oil, Paper, steel, Tea, basic materials, industrial transportation, financials |
| TeleTalk | Telecommunications | Mobile telecommunications | Dhaka | 2004 | State-owned GSM, 3G, LTE, 5G based mobile phone operator [10] |
| The ACME Laboratories Ltd | Health care | Pharmaceuticals | Dhaka | 1954 | Pharmaceuticals |
| The Daily Ittefaq | Consumer services | Publishing | Dhaka | 1953 | Newspaper |
| Titas Gas | Oil & gas | Exploration & production | Dhaka | 1964 | Natural gas distributor |
| Transcom Group | Conglomerates | - | Dhaka | 1985 | Beverage, pharma, newspaper, radio, electronics, foods |
| Trust Bank Limited | Financials | Banks | Dhaka | 1999 | Commercial bank |
| United Airways | Consumer services | Airlines | Dhaka | 2005 | Private airline, defunct 2016 [11] |
| United Finance | Financials | Financial services | Dhaka | 1989 | Financial services |
| United Group | Conglomerates | - | Dhaka | 1978 | Power, manufacturing, healthcare, education, real estate, shipping, retail services |
| US-Bangla Airlines | Consumer services | Airlines | Dhaka | 2013 | Private airline |
| Uttara Bank Limited | Financials | Banks | Dhaka | 1965 | Private commercial bank |
| Walton | Conglomerates | - | Dhaka | 2008 | Automobiles, consumer electronics, household goods, technology hardware, electronic equipment |
| Western Marine Shipyard | Industrials | Commercial vehicles & trucks | Chittagong | 2000 | Shipyard |
The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 34th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven. It has been transitioning from being a frontier market into an emerging market. Bangladesh is a member of the South Asian Free Trade Area and the World Trade Organization. In fiscal year 2021–2022, Bangladesh registered a GDP growth rate of 7.2% after the global pandemic. Bangladesh is one of the fastest growing economies in the world.
Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s.
The Dhaka Stock Exchange (DSE), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. In January 2023, DSE and Nasdaq announced their partnership with trading technology.
The Dar es Salaam Stock Exchange (DSE) is a stock exchange located on Ohio Street, west of Kivukoni, south east of Dar es Salaam, the commercial capital and largest city in Tanzania. It was incorporated in September 1996 and trading started in April 1998. It is a member of the African Stock Exchanges Association and the World Federation of Exchanges. The exchange is open five days a week, from Monday through Friday. The trading days are weekly from Monday to Friday, starting from 10.00 am to 14.00 pm.
The following outline is provided as an overview of and topical guide to Bangladesh:
Dragon Group is a group of garment factories and other companies in Bangladesh. The group produces mainly for the international market and exports to more than 30 countries, especially the United States and Canada. Its subsidiary Dragon Sweater employs more than few thousand workers and in 2018 was the most traded stock on the Dhaka Stock Exchange.
Islami Bank Bangladesh PLC (IBBPLC) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913 and started operation on 30 March, the same year. IBBPLC maintains its own ATM Booths with a country-wide shared ATM network. IBBPLC has been the largest private banking network in Bangladesh. When IBBPLC was established, it was the first bank in Southeast Asia to provide banking service based on Shariah. The bank has been listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd.
Akij Group is one of the largest Bangladeshi industrial conglomerates. The industries under this conglomerate include textiles, tobacco, food and beverage, cement, ceramics, printing and packaging, pharmaceuticals, consumer products etc. In 2009, Akij Group paid 390 million euros in tax, making it the biggest local tax-payer, contributing two per cent to the nation's entire budget. Akij also provides services in healthcare, information and communication technology. Its turnover in 2009 was 89 billion taka. In 2018, Akij sold their tobacco division to JTI for $1.47 billion. It was the biggest ever single foreign direct investment in Bangladesh.
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.
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.
Advanced Chemical Industries, more commonly marketed and known as ACI is a Bangladeshi pharmaceuticals and conglomorate company founded in 1973. The firm is headquartered in the thana of Tejgaon I/A, in Dhaka. ACI is one of the leading firms in the pharmaceuticals and chemical industry of Bangladesh.
The Economy of Chittagong is reflected in its gross state product of $116 billion in PPP terms ranking, second in size only behind Dhaka in Bangladesh. The nominal GDP of Chittagong metropolitan city is $43 billion. Chittagong metropolitan City is the second largest metropolitan city in Bangladesh. Chittagong is the export hub of Bangladesh, accounting for more than $38 billion in exports. Chittagong is the commercial hub of country.Chittagong is also home to the busiest port in the country.
Salman Fazlur Rahman is a Bangladeshi businessman, adviser to the Prime Minister of Bangladesh, and a member of the Jatiya Sangsad. Currently, he is holding the rank of a cabinet minister and serving as the Private Industry and Investment Adviser to Bangladesh Prime Minister Sheikh Hasina. Earlier, he served as the private sector development affairs adviser to her. He was ranked 1685th on the list of billionaires in the world published by Beijing-based Hurun Gobal in 2017. He is the vice chairman of BEXIMCO Group, one of the largest conglomerates in Bangladesh. He was the president of several trade bodies including Association of Television Channel Owners (ATCO).
United Commercial Bank PLC (UCB) is a commercial bank in Bangladesh. It was established in 1983.
MJL Bangladesh PLC widely known as Mobil Bangladesh, formerly known as Mobil Jamuna Lubricants Limited, is a company that is jointly owned by Jamuna Oil Company, a subsidiary of government-owned Bangladesh Petroleum Corporation and EC Securities Limited, a subsidiary of East Coast Group. Azam J Chowdhury is the Managing Director of the MJL Bangladesh Limited. M. Mukul Hossain is the Chief Executive Officer of the company. It markets products of ExxonMobil as the strategic alliance partner of the company in Bangladesh.
Metro Group is a Bangladeshi diversified conglomerate based in Dhaka. It is the parent company of Best Holding Limited which owns Le Meridien Dhaka.
Bangladesh Industrial Finance Company Limited is a major non-bank financial institution in Bangladesh.
