Over the past two decades, Bangladesh’s economy has been experiencing remarkable growth of 6% annually, and the top 10 groups of companies in Bangladesh are making significant contributions to this trend. Some of the top 10 companies such as BEXIMCO, PRAN-RFL, SQUARE, BASHUNDHARA, and AKIJ are playing pivotal roles in driving the country’s economy forward. It’s remarkable to note that Bangladesh has been able to achieve this level of economic growth despite various challenges that the government has faced over the years. One of the reasons behind the top groups of companies’ success is its large workforce of more than 109.1 million people who are working tirelessly in hundreds and thousands of groups of companies, textile industries, automobile, and other industries across the country.
These top 10 groups of companies in Bangladesh are leading from the front, powering up the manufacturing industries and contributing significantly to the country’s overall economic growth. Some of these groups of companies have already established themselves as Bangladeshi multinational corporations and represent Bangladesh to the world. In the 2018-2019 financial year, Bangladesh achieved record growth in per capita income, thanks to the rapid industrial growth and open business opportunities in the country. The GDP growth rate reached an all-time high of 7.9%, which is a significant milestone in the country’s history. This achievement is a testament to the hard work of the Bangladeshi people and the efforts of the country’s top companies to drive economic growth.
|GDP||$317.465 billion (2019) $860.916 billion (PPP, 2020 est.)|
|GDP rank||39th (nominal, 2019),29th (PPP, 2019)|
|GDP growth||8.0% (2018) 7.9% (2019)2.0% (2020e) 9.5% (2021e)|
|GDP per capita||$2,068 (nominal, 2020 est.) $5,453 (PPP, 2020 est.)|
|GDP per capita rank||143rd (nominal, 2019)137th (PPP, 2019)|
|GDP by sector||agriculture: 14.23% industry: 33.66% services: 52.11%(FY18)|
10 Interesting facts about the top 10 groups of companies in Bangladesh:
- Square Group is one of the country’s largest and most diversified conglomerates among the top 10 groups of companies, with businesses in pharmaceuticals, textiles, consumer products, agribusiness, information technology, and media.
- Bashundhara Group is the largest top 10 real estate developer and one of the leading industrial groups in Bangladesh, with interests in cement, paper, steel, power, media, and retail.
- Akij Group is a family-owned business that started as a tobacco company in 1940 and now has over 20 industries, including ceramics, textiles, food and beverages, cement, and leather.
- Abul Khair Group is one of Bangladesh’s oldest and most successful business groups, with a strong presence in steel, cement, tobacco, consumer goods, and banking.
- PRAN-RFL Group is one of the largest food and beverage producers and exporters in Bangladesh, with over 200 products and a distribution network in 141 countries.
- Beximco Group is the largest private sector group in Bangladesh, with diversified interests in pharmaceuticals, textiles, ceramics, media, energy, real estate, and aviation.
- Ananda Group is a leading industrial group in Bangladesh, with shipbuilding, engineering, construction, power generation, and trading businesses.
- City Group is one of the oldest and most reputed business groups in Bangladesh, with a portfolio of over 40 products and services in food and beverages, oil and gas, consumer goods, real estate, and banking.
- Navana Group is a prominent business group in Bangladesh, with a legacy of over 60 years in the automobile, construction, real estate, electronics, furniture, and hospitality sectors.
- Partex Group is a well-known industrial group in Bangladesh, with businesses in food and beverages, plastics, furniture, textiles, paper, agro-processing, and trading.
Despite the challenges that Bangladesh has faced, including natural disasters and political instability, the country has persevered and emerged as a significant player in the global economy. With a large and talented workforce, a focus on innovation, and a commitment to growth, Bangladesh is well-positioned to continue its economic rise and attract investment from around the world. The top 10 groups of companies in Bangladesh are leading the way, contributing to the country’s success, and representing Bangladesh on the global stage.
Top 10 Groups of Companies in Bangladesh
|S. No||Groups of Companies||Total assets|
|01||BEXIMCO GROUP of COMPANIES||BDT 122.746 billion|
|02||BASHUNDHARA GROUP of COMPANIES||15000 million BDT|
|03||Meghna Group||BDT 40. 00 Billion|
|04||PRAN-RFL GROUP of COMPANIES||1.92 Billion BDT|
|05||ABUL KHAIR GROUP of COMPANIES||1.82 Million BDT|
|06||S Alam Group||140 billion BDT|
|07||CITY GROUP of COMPANIES||401.25 Million BDT|
|08||Akij Group of COMPANIES||$ 17.93 Billion|
|09||ACI GROUP of COMPANIES||61.563 billion BDT|
|10||NAVANA GROUP of COMPANIES||300 Million BDT (Real Estate)|
|11||PARTEX GROUP of COMPANIES||US$800 million|
|12||SQUARE GROUP of COMPANIES||US$1.18 billion|
Here, we have showcased the list of the Top 10 Groups of Companies in Bangladesh. These groups of companies are pushing Bangladesh’s economy to a new level creating more employment and business opportunities along with other industries and business sectors. Top Groups of Companies and Top Companies are two different parameters used in ranking. Groups of Companies are the Company with sister concerns around them from different business areas while Company does business in a single area. To know about the Top 10 Companies in Bangladesh, Click Here!
Talking about the Top 10 Groups of Companies in Bangladesh, we had to Position BEXIMCO Group at the Top. It is the largest and most diversified industrial conglomerate in Bangladesh. It is also one of the Most Well Known Multinational Companies in Bangladesh founded in 1970 by two brothers – Ahmed Sohail Faisur Rahman and ASF Rahman. Since 1970, BEXIMCO Group is proudly presenting Bangladesh to the world through modern textiles, pharmaceuticals, ceramics, and information technology. It is the first Bangladeshi company to be listed on the London Stock Exchange. Writing about the Top 10 Groups of Companies we have found that it has over 60,000 people working for BEXIMCO worldwide and BEXIMCO holds one of the largest vertically integrated textile and Garment Companies in South Asia. Today BEXIMCO exports its products to 103 countries. It is also the largest exporter of pharmaceutical products in Bangladesh where BEXIMCO’s pharmaceutical alone exports products to 45 countries.
BEXIMCO sister concerns are – Beximco Jute Division, Beximco Pharma, Beximco Synthetics Ltd, Bangladesh Export Import Co. Ltd. – (Textiles & Apparel, IT, Marine Foods, Real Estate Divisions), Shinepukur Ceramics, Beximco Petroleum Ltd, Beximco Power Company Ltd, Beximco Engineering Limited, Bangladesh Online, IFIC Bank, Yellow, The Independent, Independent Television, Real VU, Beximco Computers Ltd, Dhaka Dynamites, Bextrade Limited, Beximco Securities Limited, Beximco Communications Ltd. (DTH), Westin Hotels (Bangladesh), Shinepukur Cricket Club. Authorized Capital: 10,000 Million BDT (BEI) | 15,000 Million BDT (Pharma)
Paid Up Capital: 8,763.19 Million BDT (BEI) | 4056.55 Million BDT (Pharma)
Career at BEXIMCO Pharma: beximco-pharma.com/career/index.php
Contact Details BEXIMCO Group
Address: 19 Dhanmondi R/A Road No. 7, Dhaka 1205, Bangladesh.
Phone: +880-2-58611001-7, +880-2-58613888, +880-2-58614601
Bashundhara Group has become one of the largest conglomerates industries in Bangladesh over the years. It was founded by Ahmed Akbar Sobhan in 1987. In the beginning, it started its operation as a real estate company venture under the name of East-West Property Development Limited (EWPD). EWPD was a successful project then. After its first successful project, Bashundhara started to expand its business and invested in various new promising fields, including the manufacturing industry, and trading. Among the Top 10 Groups of Companies, Bashundhara Group operates over 20 major concerns and continues to invest in new fields. From Bangladesh Government, Bashundhara Group has managed to get permission to set up a specialized economic zone in Karanigang, Dhaka.
Bashundhara Group’s major concerns are – East-West Property Development, Bashundhara Cement Industries Limited, East West Media Group, Social Islami Bank Limited, Bashundhara Kings, Rangpur Riders, Meghna Cement Mills Ltd, (a member of the Bangladesh Cement Manufacturers Association), and Bashundhara City– (Bengali:বসুন্ধরা সিটি) – the second-largest shopping mall in Bangladesh.
Authorized Capital: 5000 Million BDT (Paper Mill)
Paid Up Capital: 1737 Million BDT (Paper Mill)
Contact Details BASHUNDHARA Group
Address: Plot # 125/A, Block# A, Bashundhara R/A, Road No – 2 Baridhara, Dhaka-1229
Phone: +880 2 8432008-17, +880 2 8432196
Established by Mr. Mostafa Kamal in 1976, Meghna Group of Industries stands as a prominent and diversified business conglomerate in Bangladesh. Originally known as Kamal Trading Company, it transformed into Meghna Vegetable Oil Industries Ltd. in 1989 and expanded into fast-moving consumer goods (FMCG) and commodities. With a history spanning over 40 years, the group operates 36 manufacturing units and employs over 35,000 individuals.
Meghna Group covers sectors like FMCG, cement, commodities, chemicals, and more, with a strong financial performance, including a $2 billion annual sales turnover. Notable subsidiaries include Meghna Cement Mills Ltd., Meghna Seeds Crushing Mills Ltd., and Meghna Edible Oils Refinery Ltd. The group contributes to society through healthcare, education, and disaster relief, earning awards like the Best Enterprise Award and National Export Trophy for its impactful initiatives. As a key player in Bangladesh’s economic growth, Meghna Group of Industries continues to make significant strides.
Contact Details Meghna Group
Fresh Villa, House # 15, Road # 34, Gulshan-1,Dhaka-1212, Bangladesh
Phone : +880-9666777055 ,Fax : +880 2222289361, 2222284896
PRAN stands for “Program for Rural Advancement Nationally“. PRAN started its journey in 1981 as a processor of fruits and vegetables to develop the rural economy and agro-based products in Bangladesh. PRAN was established in 1981 by retired Major General Amjad Khan Chowdhury and today it is one of the largest food product corporations in Bangladesh among the top 10 Groups of Companies that export to 138 countries. RFL, the market leader in Cast Iron, PVC, and Plastic Itempreviously, stands for ‘Rangpur Foundry Limited’ which started its operation in 1980 with cast iron production. The first shipment was worth 3 million USD.
In 2017 PRAN’s exports reached over $231 million. The biggest markets for them are India, Saudi Arabia, UAE, Malaysia & Oman. PRAN-RFL has more than 80 thousand direct employees and 200 thousand indirect employees running their full operations around the country. The Products of the PRAN-RFL groups are Lift & Generator, Culinary, Biscuit & Bakery, Confectionery, Dairy, Juice, Rice, Snacks, Textile, Toiletries, Spice, Electronics, Furniture, Foundry, Bike, Stationery, Poly Bag, Hanger, Water Tank, PVC.
Authorized Capital: 500 Million BDT (PRAN) | 200 Million BDT (RFL)
Paid Up Capital: 80 Million BDT (PRAN) | 100 Million BDT (RFL)
Career at PRAN: www.pranfoods.net/about/careers
Career at RFL: www.rflbd.com/career/
Contact Details PRAN-RFL Group
Address: PRAN-RFL Center, 105 Middle Badda, Dhaka-1212, Bangladesh
Phone: 880-2-8835546, 880-2-8835547 Fax: 880-2-8820256
In the List of Top 10 Groups of Companies, Abul Khair Group is the first billion-dollar selling company in Bangladesh, Abul Khair Group is operating its business as an industrial conglomerate in Bangladesh since 1953. It has developed its production facilities for steel, ceramics, cement, cigarettes, and food products mainly. It was a Cottage Industry in 1953, it started its journey as tobacco marketing. And today is one of the nation’s fast-growing business conglomerates, engaged in manufacturing & marketing many diversified fast-moving consumer goods (FMCG). Such as Beverages, Juice, snacks, Branded Tea, Cement, Ceramic, Ready Mix Concrete, Tobacco, and Cigarettes- “from Seed to Smoke” Matches, Biris (Hand-Rolled Tobacco Smoking product), Shipping line and logistics operations, and General Trading Operations. The Abul Khair Group provides employment to approximately 38,000 people in different business units.
Abul Khair Group’s sister concerns are – Abul Khair Condensed Milk Industries Ltd, Abul Khair Tea Limited, Shah Dairy Products Ltd, Abul Khair Steels Ltd, Abul Khair Condensed Milk and Beverage Industries, Smark Coconut Oil Products Ltd, Shah Dairy Foods Ltd, A.K Properties Limited, A.K Corporation Ltd, Abul Khair Tobacco Company Ltd.
Contact Details ABUL KHAIR Group
Address: House # 75 (New) Raod # 9/A, Dhanmondi R/A, Dhaka
Phone: 9115972, 8115468
Established in 1985 by Mohammed Saiful Alam, S. Alam Group has emerged as a notable industrial and commercial conglomerate in Bangladesh. The group spans various sectors, including C.I Sheets, Color coated Iron sheets, Cement, Vegetable oil, C.R Coil, Soya Seed extraction, Public Transport, Gas Refueling Station, P.P Woven Bags, Agro farms, Natural gas, heavy oil, furnace oil, and power generation. Notably, S. Alam Group’s substantial investments in sustainable energy projects showcase their commitment to eco-friendly solutions.
A significant accomplishment is introducing Bangladesh’s first private-sector TV channel, Ekushey Television, reflecting their innovative spirit. Key entities under the group include S Alam Soya Seed Extraction Plant Ltd, Alam Vegetable Oil Limited, Alam Super Edible Oil Limited, S Alam Steel Ltd, and more. With dedicated investments and a commitment to economic growth, S. Alam Group plays a vital role in Bangladesh’s development across various sectors, demonstrating their influence and innovation in driving progress.
Contact Details S Alam Group
S. ALAM GROUP CORPORATE OFFICE
S. Alam Bhaban
2119, Asadgonj, Chittagong, Bangladesh.
Tel : +880-2333369726, 880-23333-67195, 880-23333-69283, 880-31-636997, 880-31-638258
e-mail : firstname.lastname@example.org
City Group started its business as a mustard oil company venture under the name City Oil Mills in 1972. It has 40 major concerns in Bangladesh. Fazlur Rahman was the man behind the City Group. It was awarded the Worlds Prestigious UK-based Superbrand Award in 2009. City Group has rebranded itself recently. We have positioned City Group Number 7 in our list of Top 10 Groups of Companies. City Group’s business includes consumer goods, foods, steel, printing & packaging, shipping, power and energy, shares and securities, insurance, media, and healthcare. The total workforce of the city group is about 10000 working for different business units.
Major Concerns of City Group – City Oil Mills, City Re-rolling Mills, City Vegetable Oil Mills Ltd, City Fibers Ltd, Hasan Plastic Industries Ltd, Hasan Flour Mills Ltd, Hasan Printing & Packaging Ltd, Hasan Containers Ltd, City Navigations Ltd, City PET Industries Ltd, Shampa Oil Mills Ltd, City Dal Mills Ltd, Farzana Oil Refineries Ltd, VOTT Oil Refineries Ltd, City Feed Products Ltd, Deepa Food Products Ltd, City Seed Crushing Industries Ltd, City Salt Industries Ltd, City Sugar Industries Ltd, C.S.I Power & Energy Ltd, Rahman Synthetics Ltd, Hamida Plastic Industries Ltd, Shampa Flour Mills Ltd, Hasan Securities Ltd, City Bran Oil Ltd, Dhaka Insurance Ltd, Somoy Media Ltd, Asgar Ali Hospital Ltd, New Sagurnal Tea Co. Ltd. (Juri, Moulovibazar), Nahar Tea Estate (Sreemongal, Moulovibazar), Chandpur Belgaon Tea estate (Banskhali, Chittagram).
Authorized Capital: 1200 Million BDT (Dhaka Insurance)
Paid Up Capital: 401.25 Million BDT (Dhaka Insurance)
Career at City Group: citygroup.com.bd/career
Contact Details CITY Group
Address: City House, Plot # NW (J) 06, Road # 51, Gulshan – 02, Dhaka-1212, Bangladesh
Phone: +88-02-9852363 +88-02-9852367
Akij Group has become the biggest local taxpayer in Bangladesh and contributes to 2% nation’s entire budget among the Top 10 Groups of Companies in Bangladesh. Akij Group was established in 1940 by Sheikh Akijuddin. He used to do Jute Trading Business, before moving to other business. They are also one of the biggest Bangladeshi industrial conglomerates. Their business covers textiles, tobacco, food & beverage, cement, ceramics, printing and packaging, pharmaceuticals, consumer products, etc.
Major concerns of Akij Groupare – Akij Plastics Limited, Akij Cables Limited, Abrar Tours and Travels, Ad-din Foundation, Akij Automotive Industry, Akij Biri Factory Ltd, Akij Cement Company Ltd, Akij Ceramics Company Ltd, Akij Computer Ltd, Akij Corporation Limited, Akij Food & Beverage Ltd, Akij Foundation School & College, Akij Gas Company Ltd, Akij Gas Station Ltd, Akij Hotel and Resorts, Akij Institute of Technology, Akij Jute Mills Ltd, Akij Match Factory Ltd, Akij Motors, Akij Particle Board Mills Ltd, Akij Pharmaceuticals Ltd, Akij Printing & Packaging Ltd, Akij Real Estate Ltd, Akij Securities Ltd, Akij Textile Mills Ltd, Akij Wildlife Farm Limited, Akij Zarda Factory Ltd, Dhaka Tobacco Industries, S.A.F Industries Ltd, Akij Foundation School and College (Uttara, Manikganj, and Mohammadpur), Akij Rice Mill Industry, Akij Flour Mill Industry, Akij Ceramics Ltd, Akij BIAX Films Limited, Akij BAKERS Limited.
Career at Akij Group:career.akij.net
Contact Details Akij Group
Address: 198, Akij House, Bir Uttam Mir Showkat Sarak, Tegaon Sarak, Tejgaon, Dhaka – 1208
ACI the “Advance Chemical Industries” is one of the leading conglomerates in Bangladesh, founded by Mr. M Anis Ud Dawla in 1968. In East Pakistan, ACI was established as the subsidiary of Imperial Chemical Industries or ICI. ACI is doing business in three sectors – Pharmaceuticals, Consumer Brands, Automobile, and Agribusiness. It has over 8,384 employees around the country running its operation. In 2016, ACI marketed around 5000 products in 10 Countries across 3 Continents. In the list of Top 10 Groups of Companies, we have positioned ACI as Number 5.
ACI’s sister concerns are – ACI Consumer Brands, ACI Fertilizer, ACI Formulations Ltd, ACI Agrochemicals, Apex Leather-crafts Limited, ACI Salt Limited, ACI Pure Flour Limited, ACI Foods Limited, Premiaflex Plastics Limited, Creative Communication Limited, ACI Motors Limited (Yamaha), ACI Logistics Limited (Shwapno), ACI HealthCare Limited, ACI consultants, ACI Pharmaceuticals, ACI Electronics Ltd.
Authorized Capital: 1500 Million BDT
Paid Up Capital: 573.73 Million BDT
Career at ACI Group: career.aci-bd.com
Contact Details ACI Group
Address: ACI Centre 245, Tejgaon Industrial Area, Dhaka-1208, Bangladesh.
Phone: (+8802) 8878603: Fax: (+8802) 8878619, 8878626.
NAVANA was founded in 1964 by Mr. Jahurul Islam. But the real journey started in 1953 with a construction company named Bengal Development Corporation. Among the Top 10 Groups of Companies, NAVANA was the largest business group in Bangladesh at that time. It has expanded its business quite rapidly than any other Top 10 Groups of Companies in this list. NAVANA is now doing business in more than 15 sectors including, renewable energy and security & protection. NAVANA Group is now handled by Mr. Shafiul Islam Kamal the Chairman of NAVANA Group. It has 5,500 employees in 27 different business units.
NAVANA Industries: Automobile, Industrial Equipment, Battery, Real Estate Construction, Electrical and Electronics, Furniture, Food, Medical Equipment, Petroleum Products, International Freight Forwarding, Oil & Gas, Plastic, Renewable Energy, Security & Protection.
NAVANA’s sister concerns are – NAVANA Automobiles Limited (Mahindra and Toyota), NAVANA Batteries Limited, NAVANA Real Estate Ltd, NAVANA Construction Ltd, NAVANA Textiles Ltd, Biponon Limited, NAVANA Distributions Ltd, NAVANA Electronics Ltd, NAVANA Taxi Cab Co. Ltd, NAVANA Renewable Energy Ltd, NAVANA Logistics Limited, NAVANA Petroleum Limited, NAVANA Engineering Limited, NAVANA CNG Limited, NAVANA LPG Limited, NAVANA Welding Electrode Limited, NAVANA Furniture Limited, NAVANA Foods Limited (franchise holder Gloria Jean’s Coffees), Navana Engineering.
Authorized Capital: 1000 Million BDT (Real Estate) | 1500 Million BDT (CNG)
Paid Up Capital: 300 Million BDT (Real Estate) |685 Million BDT (CNG)
Career at NAVANA–
NAVANA CNG: www.navanacng.com/career.php
NAVANA Petroleum: www.navana-petro.com/career
NAVANA Engineering: www.navanaengineering.com/career.php
NAVANA Real-estate: navana-realestate.com/career
NAVANA Logistics: www.navana-logistics.com/careers
Contact Details NAVANA Group
Address: Navana Toyota 3S Center, 205-207 Tejgaon I/A, Dhaka – 1208.
Phone: +88-02-9892911, +88-02-9893048
Other Notable Mentions
PARTEX started in 1959 with tobacco trading in Bangladesh. Among the Top 10 Groups of Companies, PARTEX been always a pioneer in their fields. Brands Like, Partex Board, Danish, Mum were some remarkable products. PARTEX GROUP was founded by a well-known industrialist MA Hashem. This conglomerate runs its business with different brands in foods and beverages, steel, real estate, furniture, agribusiness, plastics, and etc. sectors. PARTEX has around 40 concerns these days.
Major Concerns of PARTEX Group are – Partex Cables Limited, Star Particle Board Mills Limited, Partex Furniture, Partex Builders Limited, Star Gypsum Board Mills Limited, Partex Laminates Limited, Partex Impregnation Limited, Partex PVC Industries Limited, Partex Agro Limited, Partex Limited, Partex Housing Limited, Danish Condensed Milk (BD) Ltd, Danish Foods Limited, Danish Distribution Network Limited, Danish Milk Bangladesh Limited.
Career at PARTEX Group: partexstargroup.com/career/job-vacancies
Contact Details PARTEX Group
Address: House # 37, Road # 1, Block # I, Banani, Dhaka 1213, Bangladesh.
Samson H Chowdhury and his 3 friends founded Square Group in 1958 as a private firm. It went public in 1991 and is currently holding a strong leadership position in the pharmaceutical industry. Among the Top 10 Groups of Companies, Square Group is now on its way to becoming a high-performance global player in Bangladesh. It has 28000 people working in different business units. Square expanded its business in consumer products, toiletries, health products, textiles, agro vet products, textiles, agro vet products, information technology, and a few more. Its yearly turnover is now more than 616 million USD.
Authorized Capital: 10,000 Million BDT (Pharma) |3000 Million BDT (Text)
Paid Up Capital: 8,442.39 Million BDT (Pharma) |1972.52 Million BDT (Text)
Career at SQUARE Pharma: www.squarepharma.com.bd/career.php
Contact Details SQUARE Group
Address: SQUARE Centre 48, Mohakhali C/A Dhaka 1212, Bangladesh
Phone: +88-02-9859007, +88-02-8833047-56
Fax: +88-02-8834941, +88-02-8828768
Contributor: Sunzida Ferdous| Studying at Mawlana Bhashani Science & Technology University, Bangladesh.
Note: These are not Official Ranking From Any Established Authority. Business Haunt Picked Them Randomly and Placed on the Base of Popularity and Internet Source.