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Type | Public [ citation needed ] |
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Industry | Electrical cable, Light Engineering, Textile, Real-estate, Telecom (ISP), Technology (IEG and ISP), Electrical Accessories, Insurance, Education and Hospitality |
Founded | Chairman Md. Mosharraf Hossain |
Headquarters | Fatullah, Narayanganj, Bangladesh |
Revenue | $150 million |
Number of employees | 6000 |
Website | www |
Paradise Group of Industries (PGI) is a Bangladeshi conglomerate. The company was founded by Mosharraf Hossain in 1983. [1] The industries under this conglomerate include light engineering, electrical cable, textile, real estate, etc. Its main corporate units are Paradise Cable Limited (PCL), SBS Cables Ltd and Paradise Spinning Mills Ltd. Paradise Cables is the leading[ peacock prose ] manufacturer of all types of wires, cables and conductors in Bangladesh. The group started its business with textiles and trading, and later diversified into wire and cable manufacturing.
Due to family conflict, mismanagement, and unplanned investment, the group's assets were being auctioned off to pay off debts and workers' salaries in June 2020. [2] Mosharraf Hossain and three other directors of the group were also being arrested for a cheque dishonor case in September 2020. [3]
A wire is a flexible strand of metal.
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