Jute is a long, soft, shiny bast fiber that can be spun into coarse, strong threads. It is produced from flowering plants in the genus Corchorus, which is in the mallow family Malvaceae. The primary source of the fiber is Corchorus olitorius, but such fiber is considered inferior to that derived from Corchorus capsularis. "Jute" is the name of the plant or fiber used to make burlap, hessian, or gunny cloth.
The jute trade is centered mainly around India's West Bengal and Assam, and Bangladesh. The major producing country of jute is India and biggest exporter being Bangladesh, due to their natural fertile soil. Production of jute by India and Bangladesh are respectively 1.968 million ton and 1.349 million metric ton. Bengal jute was exported to South East Asia from the 17th century by the Dutch, French and later by other Europeans.
Transcom Group Limited is a Bangladeshi business conglomerate. The businesses under this group include beverage, pharmaceuticals, newspaper, radio channel, electronics, foods, etc. Transcom is the local agent or comprador of international brands. This group employs more than 10,000 people. Transcom Group is one of the oldest and biggest companies in Bangladesh. Their operation in Bangladesh initially started in 1985 as a tea plantation company.
Adamjee Group of Companies is a conglomerate company based primarily in Karachi, Pakistan. The group was headed by Sir Adamjee Haji Dawood.
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.
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.
Ha-meem Group is one of the largest Bangladeshi conglomerates 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 thousand people.
Globe Janakantha Shilpa Paribar (GJSP) is one of the largest Bangladeshi conglomerates. The industries under this conglomerate include construction, engineering, electrical cables, information technology, printing, media etc. It was founded in 1969 by Mohammad Atikullah Khan Masud.
The T K Group of Industries is a Bangladeshi industrial Conglomerate known for its vegetable oil business. It also has interests in steel, shipbuilding, pulp and paper, plastics, cement, and textiles. The conglomerate is headquartered in Chittagong. The group is one of the top VAT payers in the country.
Arvind Limited is a textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters are in Naroda, Ahmedabad, Gujarat, India, and it has units at Santej. The company manufactures cotton shirting, denim, knits and bottomweight (khaki) fabrics. It has also recently ventured into technical textiles when it started Advanced Materials Division in 2011. It is India's largest denim manufacturer.
Latifur Rahman was a Bangladeshi business magnate and media mogul. He served as the founding chairman and CEO of Transcom Group which deals with beverages, electrical and electronics products, pharmaceuticals, fast food, snacks and breakfast cereals, print media, FM radio and tea plantations mostly as the comprador of international brands like Pizza Hut, KFC, Pepsi and Philips. He was the founding director of Mediaworld and Chairman of Mediastar, which owned The Daily Star and Prothom Alo newspapers respectively. Both are the nation's leading English and Bangla newspapers.
M. A. Hashem was a Bangladeshi businessman and the founding chairman of Partex Group. He served as member of Parliament from the Bangladesh Nationalist Party.
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh. The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions. Some of the work of the government is carried out through state enterprises or limited companies.
James Finlay & Co was formed in 1750 and under the leadership of Kirkman Finlay became one of Scotland's leading cotton manufacturers and merchants. In the 1860s the firm came under the control of John Muir and diversified into Indian tea plantations. The cotton business was eventually closed and, after an unsuccessful period of diversification, Finlay concentrated on its core interests of tea and other agricultural produce. In 2000, the firm was acquired by John Swire & Son.
Bengal Group is a Bangladeshi conglomerate. It was established in 1969. It includes Bengal Plastic the largest plastic manufacturer in Bangladesh. Morshed Alam, a member of parliament from Awami League, is the chairman of the Bengal Group of Industries. The Vice chairman of the group is Md Jashim Uddin, younger brother of Morshed Alam.
Abul Khair Group is a Bangladeshi diversified conglomerate based in Dhaka. Abul Kashem is the chairperson and Abul Hashem is the managing director of Abul Khair Group. Abu Syed Chowdhury is the deputy managing director and Shah Shafiqul Islam is the group director. All four are sons of Abul Khair.
Deshbandhu Group is a Bangladeshi diversified conglomerate based in Dhaka. Golam Mostafa is the Chairperson and Golam Rahman is the Managing Director of Deshbandhu Group. It headquarters in Mostafa Centre, Banani, is located inside a residential neighborhood.
Sajeeb Group is a Bangladeshi diversified conglomerate based in Dhaka known for their processed foods. Md. Abul Hashem is the Chairperson of the Group.
Uttara Group of Industries is a Bangladeshi diversified conglomerate based in Dhaka founded by Giridhari Lal Modi, a Marwari businessman.
