The Bangladeshi economy is rising, and the country’s top companies are making a name for themselves on the global stage. Here are the ten leading businesses in Bangladesh, according to recent data.
Top 10 Companies in Bangladesh
01. The Akij Group
The Akij Group is one of Bangladesh’s largest conglomerates, interested in textile manufacturing, tobacco, food and beverage, cement, ceramics, printing, packaging, pharmaceuticals, and steel. The company employs over 30,000 people and has an annual turnover of over US$1 billion.
The Group also has a significant presence in the financial sector, with interests in banks, insurance, and leasing. Sheikh Akij Uddin founded the Akij Group in the 1950s.
The Group has a long history of philanthropy and community engagement. Akij Group has been a significant sponsor of the Bangladesh Red Crescent Society and supported education and health initiatives in Bangladesh. The Akij Group is one of Bangladesh’s leading private sector groups. It is a significant contributor to the country’s economy and plays a vital role in the development of Bangladesh.
02. Bashundhara Group
From the early days of its establishment in 1987, Bashundhara Group has become one of the largest business conglomerates in Bangladesh. It was founded in 1987 by Ahmed Akbar Sobhan. The company started as a real estate developer but soon diversified into other sectors.
Bashundhara Group was one of the first companies to introduce ready-mix concrete in Bangladesh. It also pioneered the production of jute bags and paper products. Today, Bashundhara Group is a leading player in the cement, paper, and food & beverage industries.
The company also has a strong presence in the real estate sector, with several iconic projects to its credit. Bashundhara Group is known for its commitment to quality and innovation. The company has ISO 9001:2008 certification for its Supe management system. It is also the first company in Bangladesh to be certified by the International Organization for Standardization (ISO) for environmental management.
03. Beximo group
Beximco Group is one of the leading business conglomerates in Bangladesh, with a strong presence in textiles, pharmaceuticals, real estate, trading, and food & beverages. The Group was founded in 1972 by two brothers, Ahmed Sohail and Salman Fazlur Rahman, and has since grown to become a significant player in the Bangladeshi economy.
Beximco Group is headquartered in Dhaka, the capital of Bangladesh, and has over 70,000 employees. The Group’s revenues stood at US$2.4 billion in FY2016, and it is one of the country’s largest taxpayers. The Group’s flagship company, Beximco Textiles, is the largest denim manufacturer in Bangladesh.
The company has a capacity of 100 million yards per annum and exports to over 60 countries. Other companies in the Group include Beximco Pharmaceuticals, Beximco Real Estate, Beximco Foods, and Beximco Trading.
The Beximco Group strongly supports the government’s development policies and is committed to playing a constructive role in the country’s economic development.
04. S Alam Group
The S Alam Group is a Bangladesh-based conglomerate interested in textiles, jute, shipping, real estate, steel, and power generation. Salimullah Khan founded it in 1985. The Group’s flagship company, Salam Textiles, is one of the largest textile manufacturers in Bangladesh.
The company exports its products to over 60 countries. The S Alam Group has a long history of philanthropy and social responsibility. It has provided scholarships to over 1,000 students, built over 500 schools and mosques, and provided funding for the construction of a hospital and a university.
The Group has also been active in relief efforts during natural disasters, such as the 2004 tsunami and the 2010 floods. The S Alam Group is one of the largest employers in Bangladesh, with over 7,000 employees. The Group’s companies are well-known for their excellent working conditions and fair wages.
The S Alam Group is committed to providing quality products and services to its customers. The Group’s companies are leaders in their respective industries, constantly innovating to bring their customers the best possible products and services.
05. City Group
Founded in 1972, City Group has been a driving force in developing Bangladesh’s economy. Today, the Group is one of the most respected and successful business groups in Bangladesh, with a solid commitment to social responsibility and sustainable development.
The City Group has a long history dating back to the early days of Bangladesh’s independence. The Group’s flagship company, City Group Bangladesh, was founded in 1972 by Fazlur Rahman. The City Group Bangladesh is a diversified business conglomerate interested in various sectors, including banking and finance, cement, steel, textiles, shipbuilding, food and beverages, real estate, media, and IT.
The Group’s companies are well-known for their quality products and services and have a strong presence in Bangladesh’s domestic and international markets.
06. Walton
The Walton Group Bangladesh is a world-renowned business conglomerate. It is a family-owned business group interested in manufacturing, retail, real estate, and media. Mohammed Walton founded the Group in the early 1977s. The Walton group is one of the largest employers in Bangladesh, with over 20,000 employees. The Group’s companies are also some of the largest taxpayers in the country. The Walton group is a significant contributor to the Bangladeshi economy. The Group’s companies have an annual turnover of over US$1 billion. The Walton group is also one of the largest foreign investors in Bangladesh, with investments of over US$2 billion.
07. Abul Khair Group
The Abul Khair Group is one of the largest conglomerates in Bangladesh. It has a wide range of businesses, including Tobacco, Banking, Insurance, Power Generation, Shipping, Textiles, Cement, Ceramics, Food & Beverage, and IT. The Group was founded by the late Mr. Abul Khair in 1953. The Group has a turnover of around US$ 1.5 billion and employs over 45,000 people. The Group’s flagship company, Abul Khair Tobacco, is the largest tobacco company in Bangladesh, with a market share of over 60%. The company manufactures and markets a wide range of tobacco products, including cigarettes, cigars, and smokeless tobacco.
The Group’s other businesses include Abul Khair Steel, AB Bank ACI Limited, Aftab Automobiles, etc.
The Abul Khair Group is strongly committed to Corporate Social Responsibility and has been actively involved in various social and environmental initiatives. The Group has also set up the Abul Khair Foundation, a philanthropic organization that provides financial and technical support to various social and ecological projects.
08. Pran-RFL Group
Pran-RFL Group is one of the leading plastic manufacturing companies in Bangladesh. It was established in 1981. The company is located in Chittagong and has an annual turnover of around US$40 million. Pran-RFL Group is a part of the PRAN-PRAN Group, one of the largest business conglomerates in Bangladesh. This Group manufactures plastic products, food products, packaging materials, and agro-based products.
In addition, Pran-RFL Group is also engaged in the manufacturing of packaging materials such as plastic bags, bottles, and containers. Pran-RFL Group has a solid commitment to quality and environmental protection. The company has ISO 9001:2008 and ISO 14001:2004 certifications.
The Government of Bangladesh has also awarded the company the National Export Trophy (NET). Pran-RFL Group is a significant contributor to the economy of Bangladesh, and the company employs around 200,000 people.
09. Meghna Group
The Meghna Group is a multinational company interested in various sectors, such as textiles, pharmaceuticals, steel, energy, cement, and banking. The Group also owns a media company, which publishes a daily newspaper and a weekly magazine.
Meghna Group was founded by Mostafa Kamal, the current chairman of the Group. This Group is also one of Bangladesh’s largest employers, with over 45,000 employees.
10. Square Group
Square Group is a leading Bangladeshi conglomerate with a diverse portfolio of businesses ranging from textiles to finance, and the Group has a strong presence in all the major sectors. They committed to the development of Bangladesh.
Square Group Bangladesh was founded in 1958 by Samson H Chowdhury. The Group started its journey with a textile mill, and today it has become one of the largest business groups in Bangladesh, with over 60000 employed workers.
In a rapidly developing country like Bangladesh, it’s no surprise that some of the world’s biggest companies have set up shop here. From energy and telecommunications to banking and manufacturing, these are the ten most prominent companies in Bangladesh. These companies are employing the people of Bangladesh and are helping to grow the economy.
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