GQ Group of Companies is a prominent force in Bangladesh’s business landscape, renowned both within the nation and across South Asia for its unwavering commitment to innovative excellence and top-tier products.
Founded in 1981 under the visionary leadership of Qazi Saleemul Huq and Salma Huq, the group’s inception was humble, with limited resources. The journey commenced with GQ Ball Pen Industries, launching its pioneering brand “ECONO” to revolutionize writing instruments by transitioning users from fountain pens to ballpoint pens.
GQ’s ascent was marked by relentless dedication to quality, incorporation of cutting-edge technology, meticulous human resource management, relentless pursuit of enhancement, and diversification of product lines to cater to evolving markets. The steadfast focus on product excellence has been underscored by the attainment of the prestigious ISO 9001:2000 certification, a testament to GQ’s international quality standards.
With the passage of time, GQ Group of Companies has expanded its reach, nurtured various sister concerns, and embarked on ambitious projects. Amidst this dynamic growth, the cornerstone remains unshakably anchored to its commitment to “Guaranteed Quality” across all endeavors.
At A Glance: GQ Group of Companies
Group Name | GQ Group of Companies |
Establishment | In 1981 by Qazi Saleemul Huq and Salma Huq |
Current Chairman/ MD/CEO | Salma Huq (Chairman) |
Major Business Area | Ball Pen, Foods, Plastic, Biodegradable/ Recycleable Goods, PP Woven Sack, Mosquito Repellent Coil, Health and Hygiene Products |
Total Employee | 1,000-5,000 |
Address | GQ Building, 331/2, Tajuddin, Ahmed Road, Bara Moghbazar, Dhaka-1217 |
Contact No | 88029344630-9 |
info@gq-group.com | |
Fax | 88028317009 |
Website | www.gq-group.com |
Career | Visit Here |
Evolution of GQ Group of Companies
The evolution of the GQ Group of Companies has been marked by continuous growth and diversification. Starting as GQ Ball Pen Industries Ltd. in 1981, it transitioned into a public limited company in 1986.
Expanding its horizons beyond ball pen production, GQ ventured into various sectors like PP Woven Sacks, Disposable items, Food grade plastic products, and Mosquito coils, showcasing its adaptability and innovation. In 1992, GQ Foods Limited was established, marking its entry into the food manufacturing domain, introducing popular corn-based snacks that swiftly gained traction in the market.
The group’s expansion journey continued in 1994 with the incorporation of PP Woven Bag Industry and a technical collaboration with Malaysia. This collaboration led to the establishment of Maladesh International (Pvt.), a joint venture producing eco-friendly mosquito repellent coils.
Through these strategic moves, GQ Group embraced diversification and innovation, establishing its position in various sectors.
Corporate Philosophy of GQ Group of Companies
GQ Group of Companies operates on a corporate philosophy firmly rooted in its mission and vision to provide superior hygiene products to every stratum of Bangladeshi society.
Established in 1981 with its Jessore-based factory, GQ’s name, which stands for “Guaranteed Quality,” resonates with its vision of unwavering excellence. This commitment is manifested through a stringent quality control regimen ingrained in all stages of production across its various business units. Its dedication to prioritizing product quality remains steadfast.
Adapting to evolving market dynamics, GQ consistently introduces innovative products, setting industry benchmarks. With its products touching the lives of millions daily, the group’s pride lies in the higher consumer confidence and satisfaction it maintains compared to competitors in the market.
List of Concerns of GQ Group of Companies
As GQ Group of Companies grows gradually, it has established several companies to expand and diversify its business. It consists of the following major sister concerns:
- GQ Ball Pen Industries Limited
- GQBPIL-Biodegradable/Recyclable Goods
- GQ Industries Limited
- GQ Foods Ltd. (GQFL)
- GQ Enterprise Limited
- GQ Marketing Limited
- Maladesh International (Pvt.) Limited
Conclusion
GQ Group of Companies has traversed a dynamic path in the business world, marked by growth, diversification, and challenges. From its modest beginnings, the group’s commitment to “Guaranteed Quality” has been a driving force.
However, the evolving market dynamics, changing consumer preferences, and competition have tested GQ’s journey. The group’s resilience, adaptability, and dedication to quality remain central as it navigates the complexities of the business landscape, ensuring its place in Bangladesh’s corporate tapestry.
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