Noman Group

Last updated
Noman Group
Formation1997;27 years ago (1997)
FounderMd. Nurul Islam
Headquarters Dhaka, Bangladesh
Products Textile, RMG, Fashion, Denim, Towel, Warp knitting, Spinning, Weaving, Fabrics, Real Estate
Key people
Nurul Islam (Founder and Chairman), Noman Islam, Mohammad Abdullah Zaber & Mohammad Abdullah Zubair, Abdullah Talha
Subsidiaries Talha Spinning Mills Limited, Talha Fabrics Limited, Talha Texpro Limited, Zaber and Zubair Fabrics Limited, Noman Terry Towel Mills Limited, Nice Fabrics Processing Limited, Artex Fabrics Limited, Zaber and Zubair Accessories Limited, Nice Spinning Limited, Printology Limited, Artex Knit Limited, Artex Fabrics Limited, Ismail Anjuma Ara Fabrics Limited
RevenueIncrease2.svgUS$1.5 billion (2019) (in 2019)
Staffc. 70,000 [1]
Award(s)Largest Exporter of Bangladesh, HSBC Export Award, SCB Trade Award
Website www.nomangroup.com

Noman Group is a Bangladeshi conglomerate in the textiles and garments sector. [2] Its companies export annually about $1 billion in textile and garment products around the world, and employ about 70,000 people. [1] [3] Noman Group produces yarns, fabrics, home textile, bed covers, curtain, comforters, quilt covers, denim and towels. [4]

Contents

Noman Group customers are IKEA, Target Corporation, Ernsting’s family GmbH & Co. KG, GAP Inc., Tesco, Li & Fung, Otto Group, American Eagle Outfitters, Carrefour, The Walt Disney Company, Nike, Zara, Mango, Uniqlo, Walmart, Kmart, PVH, Nitori, Esprit Holdings, and HEMA. [5]

History

It was established in 1997. [6] In 2011, Noman Group opened six textile factories; [7] by that time, the company was operating 19 plants employing about 40,000 people. [8] [9]

In 2012, Noman opened a towel factory. [10]

By 2015, the company operated 28 factories, and another five new plants were under development. [11] In November, the Institute of Textile Engineers and Technologists and the Engineers Institute of Bangladesh protested outside the Jatiya Press Club protesting the assault of an engineer of Noman Group by the managing director of the group. [12] A case was filed accusing ASM Rafiqul Islam, managing director of Noman Group, and his sister and director of the group, Noor-e-Yesmin Fatima. [12] They denied the accusation and said the engineer was assaulted by garment workers and that he had embezzled money from the group. [12]

In 2016, the Group exported more than $1 billion in garments, the first company in Bangladesh to do so, and had 70,000 employees. [4] Noman Group exports to European Union, United States, Japan and Asian countries. [4]

The Group suffered production shutdowns in Tongi due a shortage of gas supplies in October 2017 according to deputy managing director Mohammad Abdullah Zaber. [13] In December 2017, Noman Group reported that they were the victims of three highway robberies in the last one and a half year. [14] According to Bangladesh Garment Manufacturers and Exporters Association highway robberies are a major concern for garment manufacturers. [14]

Noman Group announced plans to invest five billion BDT to build a Coolmax All Season fabric manufacturing unit in April 2018. [15]

Zaber and Zubair (Z&Z) Fabrics Limited, a sister concern of leading garment exporter Noman Group. [16] In 2022, the Ministry of Home Affairs issued a notice that, Inspector General of Police Benazir Ahmed and two other officials are going to Germany on a 9-day visit to check the quality of 100,000 pieces of bed sheet for double cot and pillows for the police department. [17] [18] The contract worth 175 million BDT was won by Noman Group. [19] The news f the trip caused a stir in the social media which led to the cancelation of the trip. [20] [21] In November, the Group accused the editor of Daily Inqilab, AMM Bahauddin, and a reporter, Sayeed Ahmed, of defamation and sought 20 billion BDT in damages. [22] The newspaper accused the group of embezzling 100 billion BDT in bank loans. [22]

Subsidiaries

Awards

HSBC Export Excellence Awards in 2012 [11]

National Export Trophy. [24]

Related Research Articles

<span class="mw-page-title-main">Textile</span> Various fiber-based materials

Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the only manufacturing method, and many other methods were later developed to form textile structures based on their intended use. Knitting and non-woven are other popular types of fabric manufacturing. In the contemporary world, textiles satisfy the material needs for versatile applications, from simple daily clothing to bulletproof jackets, spacesuits, and doctor's gowns.

<span class="mw-page-title-main">Textile industry in Bangladesh</span> Regional economic sector in South Asia

The textile and clothing industries provide a single source of growth in Bangladesh's rapidly developing economy. Exports of textiles and garments are the principal source of foreign exchange earnings. By 2002 exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh's total merchandise exports. Emerging as the world's second-largest exporter of ready-made garment (RMG) products, Bangladesh significantly bolstered employment within the manufacturing sector.

The Habib Group is a Bangladeshi industrial conglomerate. Founded in Chittagong in 1947, it employs over 20,000 people and has interests in textiles, aviation, cement, steel, real estate, insurance and banking. It is the parent company of Regent Airways, a Bangladeshi private airline, and Regent Power Limited, a power generating company.

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

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

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.

<span class="mw-page-title-main">Chenab Limited</span> Pakistani textile company based in Faisalabad

Chenab Limited, commonly known as Chenab Group, is a Pakistani textile company based in Faisalabad. It was one of the largest exporters of home textile products from Pakistan before its default in 2013.

<span class="mw-page-title-main">Al-Arafah Islami Bank</span> Islamic bank in Bangladesh

Al-Arafah Islami Bank PLC. is a Shariah Based Islamic bank in Bangladesh.

<span class="mw-page-title-main">Ha-meem Group</span> Bangladeshi textile and garments company

Ha-Meem Group is a Bangladeshi conglomerate in textile and garments sector. It owns 26 garments factories, sweater factory, poly bag industry, label factory, jute mill, chemical formulation plant, tea estates, transport company, Channel 24 and Samakal, a widely circulated national daily newspaper. The newspaper are under Times Media Limited of Ha-Meem Group. It employs 50,000 people.

The textile industry is Pakistan's largest manufacturing sector, employing nearly 25 million people. As the eighth largest exporter of textile commodities in Asia, the industry contributes 8.5% to the country's Gross domestic product.

<span class="mw-page-title-main">Exim Bank (Bangladesh)</span> Commercial bank in Bangladesh

Export Import Bank of Bangladesh PLC. commonly known as EXIM Bank is one of the private commercial banks in Bangladesh. The Bank came into operation as a commercial bank on 3 August 1999 as per rules and regulations of Bangladesh Bank. From its establishment the bank was known as BEXIM Bank Limited. But due to legal constraints, the bank was renamed as EXIM Bank, which stood for Export Import Bank of Bangladesh Limited.

Kutubuddin Ahmed is a Bangladeshi businessman who is the founder and chairman of the Envoy Group, a conglomerate which operates in multiple sectors, with major operation in the apparel industry. He is a Fellow of the Institute of Engineers, Bangladesh. In 2015 he is a member of the executive committee of the International Chamber of Commerce, Bangladesh, and a director of the Chittagong Stock Exchange.

<span class="mw-page-title-main">Tea production in Bangladesh</span>

Bangladesh is an important tea-producing country. It is the 12th largest tea producer in the world. Its tea industry dates back to British rule, when the East India Company initiated the tea trade in the hills of the Sylhet region. In addition to that, tea cultivation was introduced to Greater Chittagong in 1840. Today, the country has 166 commercial tea estates, including many of the world's largest working plantations. The industry accounts for 3% of global tea production, and employs more than 4 million people.

Department of Textiles is a department of the government of Bangladesh under the Ministry of Textiles and Jute which is responsible for the Textile industry in Bangladesh. The function of the department is to act as guardian for this economic sector and to address its needs.

<span class="mw-page-title-main">Abdul Hai Sarker</span> Bangladeshi businessman

Abdul Hai Sarker is a Bangladeshi businessman. He is the chairman and CEO of Purbani Group, one of the largest and oldest established textile conglomerates in Bangladesh, and former president of Bangladesh Textile Mills Association. He is the founding chairman of Dhaka Bank Limited. He is a chairman of the trustee board of Independent University, Bangladesh. He is a member of the executive committee of the Bangladesh Association of Banks.

Anwar Group of Industries is a Bangladeshi conglomerate. 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.

Mohammed Noorul Quader was a Bangladeshi freedom fighter, government officer, and entrepreneur. He was the first establishment secretary of the Mujibnagar Government Probashi Sarkar, the first secretary of Bangladesh, and a pioneer of Bangladesh's export-oriented ready made garment industry. He was also the founding chairman of the Bangladesh Parjatan Corporation and the founder of the Desh Group.

Mohammadi Group is a Bangladeshi diversified conglomerate based in Dhaka with a focus on the garments industry. It was founded by Annisul Huq. Rubana Huq is the managing director of Mohammadi Group. Navidul Huq is a director of the Mohammadi Group.

DBL Group, formerly known as Dulal Brothers Limited, is a Bangladeshi diversified conglomerate based in Dhaka with a focus on the garments industry. The company has received investments from International Finance Corporation, German Investment Corporation, and Swedfund. It has invested to make its factories more green.

Uttara Group of Industries is a Bangladeshi diversified conglomerate based in Dhaka founded by Giridhari Lal Modi, a Marwari businessman.

RMG Sustainability Council is a semi-official body responsible for ensuring a safe working environment in ready-made garment factories in Bangladesh. It is responsible for inspecting factories in Bangladesh. Shafiul Islam Mohiuddin and Amirul Haque Amin are co-chairman of the organisation. Rubana Huq is an executive committee member of the council.

References

  1. 1 2 "Noman Group: a pioneer in garment business". The Daily Star. Retrieved 2016-03-30.
  2. ↑ "Sunman sets up country's largest home textile plant". Bangladesh Investment Review, Issue 4, May, 2011. page 2.
  3. ↑ Mirdha, Refayet Ullah (2017-01-13). "Textile makers get good response at German fair". The Daily Star. Retrieved 2023-01-17.
  4. 1 2 3 Mirdha, Refayet Ullah (2017-06-22). "Noman Group spending Tk 1,300cr on expansion". The Daily Star. Retrieved 2023-01-17.
  5. ↑ "Noman Group: a pioneer in garment business". The Daily Star. 2014-10-31. Retrieved 2020-11-16.
  6. ↑ "At a Glance | Noman Group" . Retrieved 2023-01-17.
  7. ↑ "Home textile millers going big". Daily Star, Refayet Ullah Mirdha
  8. ↑ "Noman Group Installs Monforts Tenter". Textile World, November 1, 2011
  9. ↑ Mirdha, Refayet Ullah (2008-04-07). "Local textile firm targets $180m exports next fiscal". The Daily Star. Retrieved 2023-01-17.
  10. ↑ Rahman, Sajjadur (2012-11-07). "Towel makers go for expansion, target higher exports". The Daily Star. Retrieved 2023-01-17.
  11. 1 2 "Noman Group: a pioneer in garment business". The Daily Star. 2014-10-31. Retrieved 2020-11-16.
  12. 1 2 3 "Textile engineers demand arrest of two Noman Group officials". The Daily Star. 2015-11-09. Retrieved 2023-01-17.
  13. ↑ Mirdha, Refayet Ullah (2017-10-19). "Noman Group's production hit by gas crisis in Tongi". The Daily Star. Retrieved 2023-01-17.
  14. 1 2 Mirdha, Refayet Ullah (2017-12-27). "Highway robbery vexes apparel exporters". The Daily Star. Retrieved 2023-01-17.
  15. ↑ Mirdha, Refayet Ullah (2018-04-03). "Noman Group to spend Tk 500cr on specialised fabric plant". The Daily Star. Retrieved 2023-01-17.
  16. ↑ "Zaber and Zubair Fabrics develops virus-killing fabric solution". Dhaka Tribune. 2020-05-16. Retrieved 2020-11-16.
  17. ↑ "IGP set to visit Germany". Prothom Alo. 10 February 2022. Retrieved 2022-08-20.
  18. ↑ "Bedsheets for police: IGP, others going to Germany to assess dye". The Daily Star. 2022-02-11. Retrieved 2022-08-20.
  19. ↑ "IGP's visit to Germany: Unintentional mistake in govt order created confusion: PHQ". The Daily Star. 2022-02-12. Retrieved 2023-01-17.
  20. ↑ "Police move to cancel IGP Benazir's Germany tour amid social media backlash". bdnews24.com. 19 February 2022. Retrieved 2022-02-27.
  21. ↑ "IGP cancels Germany trip amid uproar". The Daily Star. 2022-02-18. Retrieved 2022-02-27.
  22. 1 2 "Noman Group accuses editor and reporter of Inqilab of defamation". Dhaka Tribune. 2022-11-30. Retrieved 2023-01-17.
  23. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 "Our subsidiaries | Noman Group" . Retrieved 2023-01-17.
  24. ↑ "Top exporters awarded". The Daily Star. 2016-08-29. Retrieved 2020-11-16.
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.