Bengal Group of Industries explained

Bengal Group of Industries
Formation:1969
Headquarters:Dhaka, Bangladesh
Region Served:Bangladesh
Language:Bengali

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, a member of parliament from Awami League, 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.

History

Bengal Group of Industries was established in 1969 by Morshed Alam in rented factory in Old Dhaka.[6]

In 2004, Jashim Uddin became the president of Bangladesh Plastic Goods Manufacturers and Exporters Association.[7] In June, Bengal Group purchased Rahmania Biscuit and Bread Industries.[8]

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.[9] The office of Dandy Dying also burned down on the eight floor.

In 2008, The Daily Star and DHL Express awarded Enterprise of the Year 2007 to Bengal Plastic.[10]

Morshed Alam was elected chairman of Mercantile Bank in 2011.[11]

In February 2015, Bengal Plastic announced a 500 million expansion plan. It raised 500 million taka through Commercial papers for Bengal Plastic.[12] Bengal Plastics manufactures products for Mainetti Group.[13] 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.[14] The loan will be arranged by Mutual Trust Bank Limited. Bengal Group requested permission to open a bank.[15] 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.[16] 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.

In February 2020, Bangladesh Bank approved the request for Bengal Bank Limited with a paid up capital of 5 billion taka.Bengal Cement signed an agreement to supply cement for the Dhaka Elevated Expressway in 2022.[17] It flew dealers of Bengal Plastic on a trip to Nepal.[18] Bengal Plastic was awarded gold in export trophies for 13 years in a row.[19] The 24 outlet of Happy Mart opened in October in Mohammadpur.[20]

List of business and concerns

References

  1. News: 2015-02-23 . Bengal Plastics to spend Tk 50cr on expansion . 2020-11-28 . The Daily Star . en.
  2. News: 2021-12-14 . DSE to invite big firms to market . 2022-11-07 . The Daily Star . en.
  3. News: Bangladesh Business Awards 2007 . 2022-11-07 . The Daily Star.
  4. News: Saha . Suman . 2014-08-12 . Product varieties raise demand for plastic goods . 2022-11-07 . The Daily Star . en.
  5. News: 2021-03-11 . Another new bank opens for business . 2022-11-07 . The Daily Star . en.
  6. Web site: Bengal Group of Industries . 2022-11-07 . www.bengalgroup.com.
  7. News: New president of plastic goods manufacturers' association . 2022-11-07 . The Daily Star.
  8. News: Rahmania Biscuit re-introduces its products . 2022-11-07 . The Daily Star.
  9. News: Probe fails to find cause of BSEC fire . 2022-11-07 . The Daily Star.
  10. News: 2008-04-26 . Bengal Plastic, Ikebana and Viyellatex Group honoured . 2022-11-07 . The Daily Star . en.
  11. News: 2011-04-25 . New vice chairmen for Mercantile Bank . 2022-11-07 . The Daily Star . en.
  12. News: Saha . Suman . 2015-03-18 . Commercial papers: short-cut to funds . 2022-11-07 . The Daily Star . en.
  13. News: 2015-10-21 . Mainetti USA chief in town to visit factory of Bengal Plastics . 2022-11-07 . The Daily Star . en.
  14. News: 2017-09-29 . Bengal Group gets $36m from IFC, Dutch govt for luxury hotel . 2022-11-07 . The Daily Star . en.
  15. News: 2017-11-27 . 3 new banks to get licenses: Muhith . 2022-11-07 . The Daily Star . UNB . en.
  16. News: 2017-10-14 . Solar power likely from June . 2022-11-07 . The Daily Star . UNB . en.
  17. News: 2022-04-25 . Bengal Cement to be used in elevated expressway . 2022-11-07 . The Daily Star . en.
  18. News: 2022-10-16 . Dealers of Bengal Plastic Pipes are now in Nepal . 2022-11-07 . Dhaka Tribune . en.
  19. News: 2022-08-10 . Bengal Plastics Ltd receives Leed-gold certificate . 2022-11-07 . Dhaka Tribune . en.
  20. News: 2022-10-20 . Happy Mart opens new outlet at Mohammadpur . 2022-11-07 . The Business Standard . en.
  21. https://bengalgroup.com/
  22. Web site: Bengal – Decorate your home with us! . 2022-11-07 . en-US.
  23. Web site: Bengal Windsor Thermoplastics Ltd. . 2022-11-07 . www.windsor.bengalgroup.com.
  24. Web site: Welcome to Bengal Adhesive & Chemical Product Ltd. Just another site . 2022-11-07 . en-US.
  25. Web site: Habib . Ahasan . Bengal Melamine – Bengal Melamine . 2022-11-07 . en-CA.
  26. News: Chakma . Jagaran . 2021-10-19 . Melamine market growing steadily . 2022-11-07 . The Daily Star . en.
  27. Web site: Bengal Corrugated Carton Industries Ltd. . 2022-11-07 . bengalgroup.com.
  28. Web site: Hamilton Metal Corporation Limited . 2022-11-07 . bengalgroup.com.
  29. Web site: Bengal Retails Limited (Happy Mart) - A Sister concern of Bengal Group. . 2022-11-07 . Happy Mart . en-US.
  30. Web site: Bengal Plastic Pipes Ltd . 2022-11-07 . en-US.
  31. News: Plastic pipe market thrives with time . 2022-11-07 . The Daily Star.
  32. Web site: Bengal Cement . 2022-11-07 . en-US.
  33. Web site: Bengal Poly & Paper Sack Ltd. . 2022-11-07 . en-US.
  34. Web site: Home -BENGAL FlexiPak LIMITED . 2022-11-07 . flexipak.bengalgroup.com.
  35. Web site: Romania Food & Beverage Ltd. . 2022-11-07 . en-US.
  36. News: Parvez . Sohel . 2008-07-15 . Local biscuit makers feel pinch of price hike of essentials . 2022-11-07 . The Daily Star . en.
  37. Web site: Lexus Biscuits - Vegetable, calcium, Zero Completes one's satisfaction . 2022-11-07 . Lexus Biscuits . en-US.
  38. Web site: Designer Fashion Home . 2022-11-07 . www.designerfashion.com.bd.
  39. News: Bengal bank gets final approval . 2020-11-28 . New Age . en.
  40. Web site: Bengal Feed & Fisheries Ltd. . 2022-11-07 . bengalgroup.com.
  41. Web site: Euphoria Apparels Ltd . 2022-11-07 . www.euphoriaapparels.com.
  42. Web site: Designer Washing & Dyeing Ltd . 2022-11-07 . dwdl.com.bd.
  43. Web site: Bangladesh News Online Online Newspaper BD - RTV . 2022-11-07 . RTV Online . en.
  44. Web site: Look @ Me Magazine . 2022-11-07 . lookatme.com.bd.
  45. Web site: .:: Future Infrastructure Limited ::. . 2022-11-07 . bengalgroup.com.
  46. Web site: bengal . 2022-11-07 . bengalgroup.com.
  47. Web site: Linnex – Electronics & Home Appliences . 2022-11-07 . en-US.
  48. Web site: Ahasan . Home Linnex Mobile – Linnex . 2022-11-07 . en-US.
  49. Web site: Index of / . 2022-11-07 . www.bengallpg.com.
  50. Web site: Bengal Solar . 2022-11-07 . bengalsolar.com.bd.
  51. Web site: Bengal Solar . 2022-11-07 . www.bengalsolar.com.bd.
  52. Web site: AJ Overseas Company Ltd. . 2022-11-07 . bengalgroup.com.
  53. Web site: Swissotel – Hotels & Resorts . 2022-11-07 . en-US.