Rangs Group Explained

Rangs Group is one of the largest Bangladeshi industrial conglomerates founded in 1979.^[1] The industries under this conglomerate include automobile, real estate, shipping, pharmaceuticals etc.^{[2] [3]}

It is the official dealer of Mahindra, Eicher & Dongfeng etc. in Bangladesh.^{[4] [5]}

History

Abdur Rouf Chowdhury was the founding chairman of Rangs Group, died on 18 February 2023.^[6]

Ranks Agro Biotech was established by the group in 2000.^[7]

Rangs Pharmaceuticals Limited was established in 2003.^[8]

Ranks Real Estate Limited was established in 2008 and marked the entry of the group in real estate.^[9]

Zest Polymer Limited was established in 2009 to manufacture polymer and plastic bottles for the pharmaceutical industry.^[10]

Subsidiaries

• Bank Asia Limited^[11]
• Reliance Insurance Limited
• Dolonchapa Express Limited
• Sea Resource Limited
• Zhen Natural Limited
• Shield Security Service Limited
• Rangs Motors Limited^[12]
• Ranks Commercial Vehicle Limited
• Ranks Motors Workshop Limited
• ZRC Engineering And Automobiles Limited
• Metro Foils Limited^[13]
• Rangs Pharmaceuticals Limited
• Zest Polymer Limited
• Ranks Construction Limited^[14]
• Ranks Agro Biotech Limited
• Ranks Powertech Limited^[15]
• Ranks Real Estate Limited
• Ranks Interiors Limited^[16]
• Ranks Food And Beverage Limited^[17]

References

1. https://www.rangsgroup.com/about/
2. News: Partex Group splits. 2010-07-06. The Daily Star. 2016-10-29.
3. Web site: Sony-Rangs launches five models of camera . Dhaka Tribune . 2016-10-29.
4. News: A household name: Rangs Limited. 2015-11-29. The Daily Star. 2016-10-29.
5. News: Car sellers see better business as banks roll out more loans. 2014-08-17. The Daily Star. 2016-10-29.
6. Web site: 2023-02-18 . Rangs Group founding chairman A Rouf Chowdhury dies . 2024-05-31 . The Business Standard . en.
7. Web site: Ranks Agro Biotech Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
8. Web site: Rangs Pharmaceuticals Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
9. Web site: Ranks Real Estate Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
10. Web site: ZEST Polymers Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
11. Web site: Concerns Rangs Group. 2022-02-12. www.rangsgroup.com. en.
12. Web site: Automotive Rangs Group. 2022-02-12. www.rangsgroup.com. en.
13. Web site: Metrofoils Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
14. Web site: Ranks Construction Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
15. Web site: Ranks Powertech Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
16. Web site: Ranks Interiors Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.
17. Web site: Ranks Food and Beverage Ltd. Rangs Group. 2022-02-12. www.rangsgroup.com. en.