Bengal Group of Industries

Bengal Group (also known as Bengal group of Industries) is a Bangladeshi conglomerate.[1][2] It was established in 1969. It includes Bengal Plastic the largest plastic manufacturer in Bangladesh.[3][4] Morshed Alam, is the chairman of the Bengal Group of Industries.[5] The Vice chairman of the group is Md Jashim Uddin, younger brother of Morshed Alam.[5]

History

Bengal Group of Industries was established in 1969 by Morshed Alam in rented factory in Old Dhaka.[6]

In 2004, Jashim Uddin became the president of Bangladesh Plastic Goods Manufacturers and Exporters Association.[7] In June, Bengal Group purchased Rahmania Biscuit and Bread Industries.[8]

In March 2007, a fire started at the headquarters of the group in first floor of BSEC Bhaban in Karwan Bazar leaving four dead and 36 injured.[9] The office of Dandy Dying also burned down on the eight floor.[9]

In 2008, The Daily Star and DHL Express awarded Enterprise of the Year 2007 to Bengal Plastic.[10]

Morshed Alam was elected chairman of Mercantile Bank in 2011.[11]

In February 2015, Bengal Plastic announced a 500 million expansion plan.[1] It raised 500 million taka through Commercial papers for Bengal Plastic.[12] Bengal Plastics manufactures products for Mainetti Group.[13]In September 2017, Bengal Group signed an agreement to receive a loan from International Finance Corporation and FMO (Netherlands) to build a luxury hotel, Swissôtel Dhaka, in Dhaka.[14] The loan will be arranged by Mutual Trust Bank Limited.[14] Bengal Group requested permission to open a bank.[15] Bengal Group signed an agreement Dhaka Power Distribution Company Limited to build rooftop power plants and sell the electricity to Dhaka Power Distribution Company for 9.8 taka per unit.[16] Bengal Group would own and operate the solar cells built on the buildings of Bangladesh Institute of Bank Management, Department of Fisheries, Directorate Of Secondary & Higher Education, Shaheed Suhrawardi Indoor Stadium, Shilpakala Academy, and Uttara Haji Camp.[16]

In February 2020, Bangladesh Bank approved the request for Bengal Bank Limited with a paid up capital of 5 billion taka.[5] Bengal Cement signed an agreement to supply cement for the Dhaka Elevated Expressway in 2022.[17] It flew dealers of Bengal Plastic on a trip to Nepal.[18] Bengal Plastic was awarded gold in export trophies for 13 years in a row.[19] The 24 outlet of Happy Mart opened in October in Mohammadpur.[20]

List of business and concerns

• Bengal Plastic Limited[21]
• Bengal Polymer Wares Limited[22]
• Bengal Windsor Thermoplastics Limited[23]
• Bengal Adhesive and Chemical Products Limited[24]
• Bengal Melamine Limited[25][26]
• Bengal Corrugated Carton Industries Limited[27]
• Hamilton Metal Corporation Limited[28]
• Happy Mart (Bengal Retails Limited)[29]
• Bengal Plastic Pipes Limited[30][31]
• Bengal Cement Limited[32]
• Bengal Poly & Paper Sack Limited[33]
• Bengal FlexiPac Limited[34]
• Romania Food and Beverage Limited[35][36]
• Lexus Biscuit Limited[37]
• Designer Fashion Limited[38]
• Bengal Bank Limited[39]
• Bengal Feed & Fisheries Limited[40]
• Euphoria Apparels Limited[41]
• Designer Washing & Dyeing Limited[42]
• RTV[43]
• Look@Me[44]
• Future Infrastructure Limited[45]
• Bengal Concept and Holdings Limited[46]
• Linnex (Bangladesh) Industries Limited[47]
• Linnex Electronics Bangladesh Limited[48]
• Bengal LPG Limited[49]
• Bengal Renewable Energy Limited[50]
• Power Utility Company Limited[51]
• AJ Oversees Company Limited[52]
• Bengal Hotels and Resorts[53]