The Outstanding Journey of Deshbandhu Group for Over 30 Years: From Entrepreneurship to Empowerment

Deshbandhu Group (DBG), established on 19 December 1989, stands as a prominent conglomerate in Bangladesh, spanning diverse sectors such as sugar, food & beverage, cement, real estate, and more. With an unwavering commitment to quality, environmental responsibility, and workplace safety, DBG has become a powerhouse, employing over 15,000 individuals and significantly contributing to the country’s GDP.

However, the story of Deshbandhu Group is not just about business expansion; it’s a tale of audacity and entrepreneurship. Founded by Mr. Golam Mostafa, this conglomerate found its roots in the production of refined sugar, ultimately becoming an industry favorite. Alongside his brother, Golam Rahman, they embarked on a journey that redefined the sugar industry.

Their remarkable success expanded DBG’s portfolio, encompassing real estate and manufacturing. Today, Deshbandhu Group thrives as a symbol of excellence and innovation, welcoming the new generation to sustain its legacy of success. This is the story of a conglomerate born from a vision, determination, and unwavering spirit.

At A Glance: Deshbandhu Group

Corporate Philosophy of Deshbandhu Group

Deshbandhu Group’s simple yet profound tagline, “FRIEND OF COUNTRY AND ITS PEOPLE,” encapsulates its philosophy. The group believes that if a task is worth undertaking, it’s worth doing excellently. It is driven by humility, acknowledging its limitations, yet resolute in its commitment to delivering quality.

Born with the heading country, Deshbandhu is dedicated to nurturing relationships and achieving nothing less than the best. Its stance reflects pride in its work, emphasizing that true success lies not only in what is achieved but also how it’s achieved.

Commercial success is vital, but for Deshbandhu, success should never come at the cost of others. Its philosophy shapes every aspect of its business, striving to stand tall while upholding its unwavering beliefs.

About Founder Chairman of Deshbandhu Group

Golam Mostafa, a Harvard-educated entrepreneur, is the driving force behind Deshbandhu Group. With over three decades of experience, he’s a curious and analytical leader who’s made significant contributions to Bangladesh’s economy. Mr. Mostofa is a member of prestigious institutions, including Harvard University Alumni and Dhaka Chamber of Commerce & Industry.

As a Commercially Important Person (CIP) of Bangladesh and a recipient of numerous awards, the chairman of Deshbandhu Group actively engages in philanthropic, social, and CSR activities and is dedicated to making Bangladesh a global leader in economic and social development.

Major Business Concerns of Deshbandhu Group

The origin of the major concern of the Deshbandhu Group, Deshbandhu Sugar Mills Ltd., is found in 1932. However, Deshbandhu Group was organized in 1989 and has been serving the nation and its citizen for more than 30 years. The group has flourished its business in various sectors including; Foods, Apparels, Real Estate, Trading and so on. The major sister concerns of Deshbandhu Group are:

• Deshbandhu Sugar Mills Limited
• Deshbandhu Consumer and Agro Products Limited
• Deshbandhu Food & Beverage Limited
• Sahera Auto Rice Mills Limited
• Deshbandhu Oil Refinery Limited
• Deshbandhu Polymer Limited
• Deshbandhu Textile Mills Limited
• Southeast Sweaters Limited
• GM Apparels Limited
• GM Holdings Limited
• Deshbandhu Cement Mills Limited
• Rapa Plaza
• Deshbandhu Packaging Limited
• Deshbandhu Parcel and Logistics Limited
• Deshbandhu Shipping Limited
• GM Shipping Limited
• Deshbandhu Media Limited
• TMSS Sahera-Wasek Hospital
• Deshbandhu Power Plant Limited
• Fertilizer Marketing Corporation
• Moru Trade Limited
• M.R. Trading
• Commodities Trading Company (CTC)

Upcoming Projects of Deshbandhu Group:

Apart from the above business concerns, it is planning to launch the following new ventures:

• Deshbandhu Center Point
• Deshbandhu Industrial Park
• Deshbandhu Fiber Ltd.

CSR Activities of Deshbandhu Group

Deshbandhu Group views Corporate Social Responsibility (CSR) as integral to its business model. CSR is deeply ingrained in its core management philosophy, reflecting a dedication to social and environmental well-being in all their interactions with stakeholders.

Deshbandhu’s CSR activities encompass a wide spectrum. It addresses issues such as eradicating poverty and hunger by providing essential provisions to underprivileged sections of society, emphasizing sanitation, and ensuring access to safe drinking water. Health initiatives extend to general healthcare and child mortality reduction. Deshbandhu Group is equally devoted to advancing education across all levels, supporting gender equality, and empowering women in various spheres.

Additionally, it actively promotes and ensures environmental sustainability through widespread tree-planting campaigns, including schools and villages. The group’s participation in rural development projects and efforts to improve slum areas is indicative of its commitment to uplifting communities.

Furthermore, Deshbandhu’s contributions to aligned funds, such as the Prime Minister’s National Relief Fund, exemplify its dedication to its vision and mission, which encompasses both business and societal advancement.

Conclusion

Deshbandhu Group is a demonstration to entrepreneurship, innovation, and ethical business practices in Bangladesh. With a diverse portfolio and a commitment to corporate social responsibility, the group has not only contributed significantly to the country’s economy but also to the well-being of its people.

Under the visionary leadership of Golam Mostafa, the group has set high standards in various sectors, focusing on both economic growth and social development. Its journey continues, shaping a better future for Bangladesh.

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