Meghna Group Explained

Meghna Group should not be confused with Meghna Group of Industries (MGI).

Type:Private Company
Founder:Abdul Khalek Bhuiyan
Revenue:BDT 2,500 Crores
Assets:BDT 40.00 B[1]
Num Employees:7,000+
Foundation:1965
Location:Dhaka, Bangladesh

Meghna Group[2] is one of the largest Bangladeshi conglomerates.[3] [4] The industries under this conglomerate include automobile, light engineering, bicycle, tire, cement, packaging, textile etc. Meghna Group was established by Bangladeshi entrepreneur Mizanur Rahman Bhuiyan.[1] It is Bangladesh's largest bicycle manufacturer and exporter. The company sales bicycle as well as in countries like Germany, UK and other parts of Europe. Meghna Group is one of the top garments manufacturer in Bangladesh exporting to Europe high end fashion brands. Meghna group is a renowned car distributor with a proven track record of successfully launching and promoting various automobile brands like BMW, KIA, and Ford in Bangladesh. Recently, the company has started car manufacturing under the name of Meghna Car Manufacturing Ltd. [5]

Meghna Group has also invested in Prime Bank, a commercial bank in Bangladesh.[6]

History

In January 2023, M&U Motors has launched Ford in Bangladesh as exclusive distributor of different models of Ford passenger and commercial vehicles.In June 2023, Executive Motors launches BMW 735i in Bangladesh.[7] In 2024, Meghna Car Manufacturing started its operation by assembling KIA passenger cars in Bangladesh.

List of companies

See also

Notes and References

  1. News: Chowdhury . Sarwar A. . Bangladesh Business Awards 2008 . The Daily Star . April 2009.
  2. News: Sino-Bangla Venture: 13 companies to invest $13.6b. 2016-10-15. The Daily Star. 2016-10-29.
  3. News: Shoei Kisen offloads supramax for $7.7m -. 2016-07-18. Splash 247. en-US. 2016-10-29.
  4. Web site: Wartsila wins deal for Bangladesh gas engine plants. www.powerengineeringint.com. 2016-10-29.
  5. Web site: Meghna Group. 11 January 2017.
  6. Web site: Finance . Meghna Corporation.
  7. https://www.tbsnews.net/economy/corporates/bmw-735i-launched-bangladesh-652542
  8. Web site: About . KIA Bangladesh.
  9. Web site: Parent Company . Veloce Bangladesh.
  10. Web site: A Meghna Group Venture . Mohammad & Sons.
  11. Web site: 45 Years Experience in Manufacturing . Meghna Denims.