Meghna Group of Industries.
- Verified
About Meghna Group of Industries.
Meghna Group of Industries (MGI) is one of the biggest and leading conglomerates of Bangladesh. With a turnover of over USD 3.0 billion, MGI is currently producing a variety of goods and operating approximately 45 different factories. MGI has more than 30,000 employees, 3,000 distributors and 1,000 suppliers under its umbrella.
The history of Meghna Group of Industries dates back to 1976 when its predecessor Kamal Trading Company was born. The group’s humble debut occurred with the inception of Meghna Vegetable Oil Industries Ltd in 1989 on a small chunk of land at Meghnaghat in Narayanganj. Meghna Group of Industries has been producing and marketing various fast moving consumer goods (FMCG) & commodities such as Tissue, Paper, Seed Crushing, Fish and Poultry feed, Chemical, Cement, Power Plant, other bulk and industrial products under the brand name of ‘Fresh', ‘No.1' and ‘Pure'. Moreover, the group has Ship Building Dockyard, Shipping, Securities, General Insurance, Media, Aviation and several other businesses.
The Group has more than 40 years of national and global experience. In Bangladesh one in every three households use MGI brands and products. MGI has spread its presence beyond Bangladesh, especially in the Middle East, Southeast Asia, Europe, North and South America through exporting various products.
MGI has been continuously expanding and hence, emerged as the largest investor in industrial development of Bangladesh for three consecutive years.
MGI is also the first Bangladeshi company to set up a private economic zone. MGI has recently opened 8 new industrial units in its 2 economic zones with investment of more than BDT 3000 crores. Moreover, 10 different industries are under construction, erection and negotiation phase with foreign principal including TIC – Australia where another 12000 – 15000 employment opportunities will be created.
Meghna Group's unwavering business expansion is designed and driven by its visionary leader; Chairman and Managing Director Mr. Mostafa Kamal. Mr. Mostafa Kamal is known not only for his far sighted entrepreneurism but moreover, for his patriotism, contribution towards development of industrial, health, education, sports, social welfare and various other sectors. His philanthropy, integrity, and dedication steered the group since its conception, and lead to the group’s accumulation of achievements.
Meghna Group has contributed approximately 250 million US Dollars as Tax to the state exchequer in Fiscal year 2017-2018. This group is an exemplary demonstration pioneering market leadership and furthermore, substantial private sector investment contributing to the country's economic and industrial development.
