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Bengal Group of Industries
Bangladeshi conglomerate From Wikipedia, the free encyclopedia
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Bengal Group (also known as Bengal group of Industries) is a Bangladeshi conglomerate.[1][2] It was established in 1969. It includes Bengal Plastic the largest plastic manufacturer in Bangladesh.[3][4] Morshed Alam,is the chairman of the Bengal Group of Industries.[5] The Vice chairman of the group is Md Jashim Uddin, younger brother of Morshed Alam.[6][5]
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History
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Bengal Group of Industries was established in 1969 by Morshed Alam in rented factory in Old Dhaka.[7]
In 2004, Jashim Uddin became the president of Bangladesh Plastic Goods Manufacturers and Exporters Association.[8] In June, Bengal Group purchased Rahmania Biscuit and Bread Industries.[9]
In March 2007, a fire started at the headquarters of the group in first floor of BSEC Bhaban in Karwan Bazar leaving four dead and 36 injured.[10] The office of Dandy Dying also burned down on the eight floor.[10]
In 2008, The Daily Star and DHL Express awarded Enterprise of the Year 2007 to Bengal Plastic.[11]
Morshed Alam was elected chairman of Mercantile Bank in 2011.[12]
In February 2015, Bengal Plastic announced a 500 million expansion plan.[1] It raised 500 million taka through Commercial papers for Bengal Plastic.[13] Bengal Plastics manufactures products for Mainetti Group.[14]
In September 2017, Bengal Group signed an agreement to receive a loan from International Finance Corporation and FMO (Netherlands) to build a luxury hotel, Swissôtel Dhaka, in Dhaka.[15] The loan will be arranged by Mutual Trust Bank Limited.[15] Bengal Group requested permission to open a bank.[16] Bengal Group signed an agreement Dhaka Power Distribution Company Limited to build rooftop power plants and sell the electricity to Dhaka Power Distribution Company for 9.8 taka per unit.[17] Bengal Group would own and operate the solar cells built on the buildings of Bangladesh Institute of Bank Management, Department of Fisheries, Directorate Of Secondary & Higher Education, Shaheed Suhrawardi Indoor Stadium, Shilpakala Academy, and Uttara Haji Camp.[17]
In February 2020, Bangladesh Bank approved the request for Bengal Bank Limited with a paid up capital of 5 billion taka.[6][5]
Bengal Cement signed an agreement to supply cement for the Dhaka Elevated Expressway in 2022.[18] It flew dealers of Bengal Plastic on a trip to Nepal.[19] Bengal Plastic was awarded gold in export trophies for 13 years in a row.[20] The 24 outlet of Happy Mart opened in October in Mohammadpur.[21]
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List of business and concerns
- Bengal Plastic Limited[22]
- Bengal Polymer Wares Limited[23]
- Bengal Windsor Thermoplastics Limited[24]
- Bengal Adhesive and Chemical Products Limited[25]
- Bengal Melamine Limited[26][27]
- Bengal Corrugated Carton Industries Limited[28]
- Hamilton Metal Corporation Limited[29]
- Happy Mart (Bengal Retails Limited)[30]
- Bengal Plastic Pipes Limited[31][32]
- Bengal Cement Limited[33]
- Bengal Poly & Paper Sack Limited[34]
- Bengal FlexiPac Limited[35]
- Romania Food and Beverage Limited[36][37]
- Lexus Biscuit Limited[38]
- Designer Fashion Limited[39]
- Bengal Bank Limited[6]
- Bengal Feed & Fisheries Limited[40]
- Euphoria Apparels Limited[41]
- Designer Washing & Dyeing Limited[42]
- RTV[43]
- Look@Me[44]
- Future Infrastructure Limited[45]
- Bengal Concept and Holdings Limited[46]
- Linnex (Bangladesh) Industries Limited[47]
- Linnex Electronics Bangladesh Limited[48]
- Bengal LPG Limited[49]
- Bengal Renewable Energy Limited[50]
- Power Utility Company Limited[51]
- AJ Oversees Company Limited[52]
- Bengal Hotels and Resorts[53]
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References
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