Meghna Group

Last updated
Meghna Group
TypePrivate Company
Industry
  • Bicycles
  • Cement
  • Distribution
  • Finance
  • Garments
  • Packaging
Founded1965
FounderAbdul Khalek Bhuiyan
Headquarters Dhaka, Bangladesh
Key people
RevenueBDT 2,500 Crores
Total assets BDT 40. 00 B [1]
Number of employees
7,000+
Website meghna.com.bd

Meghna Group [2] is one of the largest Bangladeshi conglomerates. [3] [4] The industries under this conglomerate include automobile, light engineering (bicycle), cement, packaging, textile etc. Meghna Group was established by Bangladeshi entrepreneur Mizanur Rahman Bhuiyan. [1] It is Bangladesh's largest bicycle manufacturer and said to be sold in Bangladesh, as well as in countries like Germany, UK and other parts of Europe. They are one of the top garments manufacturer in Bangladesh exporting to Europe high end fashion brands. [5]

Contents

Meghna Group has also invested in Prime Bank, a commercial bank in Bangladesh. [6]

History

In June 2023, Meghna Group launches BMW 735i in Bangladesh. [7]

List of companies

See also

Related Research Articles

GT, Gt or G-T may refer to:

<span class="mw-page-title-main">Sunbeam Cycles</span>

Sunbeam Cycles made by John Marston Limited of Wolverhampton was a British brand of bicycles and, from 1912 to 1956 motorcycles.

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.

Jardine Cycle & Carriage Limited is the investment holding company of the Jardine Matheson Group in Southeast Asia. It is currently 75%-held by the conglomerate.

<span class="mw-page-title-main">Sumitomo Rubber Industries</span> Japanese tire and rubber company

Sumitomo Rubber Industries, Ltd. is a global tire and rubber company based in Japan. It is part of the Sumitomo Group. The company makes a wide range of rubber based products, including automobile tires, golf balls and tennis balls. Sumitomo brands include Dunlop Tyres, Falken Tire and Ohtsu Tire.

Dunlop Ltd. was a British multinational company involved in the manufacture of various natural rubber goods. Its business was founded in 1889 by Harvey du Cros and he involved John Boyd Dunlop who had re-invented and developed the first pneumatic tyre. It was one of the first multinationals, and under du Cros and, after him, under Eric Geddes, grew to be one of the largest British industrial companies. J B Dunlop had dropped any ties to it well before his name was used for any part of the business. The business and manufactory was founded in Upper Stephens Street in Dublin. A plaque marks the site, which is now part of the head office of the Irish multinational departments store brand, Dunnes Stores.

<span class="mw-page-title-main">Automotive industry in Pakistan</span> Overview of the automotive industry in Pakistan

The automotive industry in Pakistan is one of the smallest but fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 3% of Pakistan's GDP and employed a workforce of over 3.5 million people as of 2018. Pakistan is the 35th largest producer of automobiles. Its contribution to the national exchequer is nearly Rs. 50-billion. Pakistan's auto market is among the smallest but fastest growing in Asia. 269,792 cars were sold in 2018, but this number declined to 186,716 in 2019 due to austerity measures. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes Benz to manufacture Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few older vehicle models, including the Bolan and Ravi, continue to be sold by Suzuki. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.

The automotive industry in Bangladesh is the third largest in South Asia.

This article provides an overview of the automotive industry in countries around the world.

Pacific Dunlop was a highly diversified Australian conglomerate company that operated in, among other things, the Automotive, textile, electronics and biotechnology industries. Products commercialised included tires, car batteries, cables, clothing, electronics, bedding, condoms.

<span class="mw-page-title-main">Murugappa Group</span> Indian conglomerate

Murugappa Group is an Indian conglomerate founded in 1900. The Group has 28 businesses including nine companies listed on the NSE and the BSE. Headquartered in Chennai, the major companies of the Group include Carborundum Universal Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., EID Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Limited., Net Access India Ltd and Wendt (India) Ltd.

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">Jamuna Group</span> Bangladeshi conglomerate

Jamuna Group is one of the largest Bangladeshi industrial conglomerates. It operates in a range of industry sectors, including Textiles, Chemicals, Leather, motor cycles, Consumer products, Media and Advertisement.

<span class="mw-page-title-main">Meghna Group of Industries</span> Bangladeshi Conglomerates

Meghna Group of Industries (MGI) is one of the largest Bangladeshi industrial conglomerates. The industries under this conglomerate include chemicals, cement, consumer products, real estate, insurance, securities, utilities, etc.

<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">PHP Family</span>

PHP Family is a Bangladeshi conglomerate based in Chittagong. It was envisioned in 1969 by Sufi Mohammed Mizanur Rahman who is the chairman of the group as of 2018. PHP Group is active in business like steel, float glass, aluminum, textiles, power, petro, refinery, financial service, agro and so on.

Bibojee Group is a Pakistani conglomerate founded by retired military officer Lieutenant General Habibullah Khan Khattak. It is among the major enterprises in Pakistan, incorporating businesses in manufacturing – these are textiles, automotive vehicles and tyres and in insurance and construction industries.

Uttara Group of Industries is a Bangladeshi diversified conglomerate based in Dhaka. Matiur Rahman, president of the president of Bangladesh Motorcycle Manufacturers and Assemblers Association, is the chairman and managing director of Uttara Group of Industries.

References

  1. 1 2 Chowdhury, Sarwar A. (April 2009). "Bangladesh Business Awards 2008". The Daily Star.
  2. "Sino-Bangla Venture: 13 companies to invest $13.6b". The Daily Star. 2016-10-15. Retrieved 2016-10-29.
  3. "Shoei Kisen offloads supramax for $7.7m -". Splash 247. 2016-07-18. Retrieved 2016-10-29.
  4. "Wartsila wins deal for Bangladesh gas engine plants". www.powerengineeringint.com. Retrieved 2016-10-29.
  5. "Meghna Group" . Retrieved 11 January 2017.
  6. "Finance". Meghna Corporation.
  7. https://www.tbsnews.net/economy/corporates/bmw-735i-launched-bangladesh-652542
  8. "About". KIA Bangladesh.
  9. "Parent Company". Veloce Bangladesh.
  10. "A Meghna Group Venture". Mohammad & Sons.
  11. "45 Years Experience in Manufacturing". Meghna Denims.