Impress Group: From Advertising Firm to Diversified Conglomerate

Impress Group Sister Concerns

Impress Group (IG) is a renowned conglomerate that has established a strong presence in Bangladesh. With a diverse portfolio of over 30 subsidiaries, IG has made significant investments in various sectors including pharmaceuticals, media, apparel and textiles, construction, logistics, aviation, and IT.

What started as a modest advertising firm in 1978, quickly transformed into an industrial enterprise by 1983. The group’s success in the ready-made garment sector during the early 80s served as a catalyst for its expansion and diversification.

Through a combination of organic growth, strategic partnerships, and acquisitions, Impress Group has emerged as a market leader in multiple industry segments. With a commitment to excellence and a track record of success, IG continues to shape and drive the business landscape in Bangladesh.

At A Glance: Impress Group

Logo of Impress Group

Group NameImpress Group
EstablishmentIn 1978 by Abdul Muqueed Majumdar, Reaz Ahmed Khan, Abdur Rashid Majumder, Zahiruddin Mahmud, Faridur Reza Sagar and Md. Enayet Husain
Current Chairman/ MD/CEOAbdur Rashid Majumder
Major Business AreaPharmaceuticals, Apparel and Textiles, Print and Electronic Media, Clearing and Forwarding, Construction, Aviation, IT
Total Employee32,129
Address40 Shaheed Tajuddin Ahmed Sarani, Tejgaon I/A, Dhaka-1208
Contact No88029883712, 88029889896, 88029887028
Emailinfo@impress-group.org
Fax88029889981
Websitewww.impress-group.org
CareerVisit Here

Brief History of Impress Group

Impress Group has a rich history of growth and diversification. Starting as an advertising firm in 1978, it expanded into the ready-made garment sector, laying the foundation for further diversification. Over the years, the group ventured into electronic media with Impress Telefilm Limited in 1996, pharmaceuticals with Incepta Pharmaceuticals Limited in 1999, and publishing with Ananda Alo Ltd in 2008.

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In 2009, Impress Group acquired Newtex Ltd and formed Impress-Newtex Composite Textiles Ltd (INCTL). Incepta Pharmaceuticals achieved significant milestones, including GMP certification and the introduction of vaccines for humans. The group also made advancements in aviation, wealth management, and infrastructure projects like the Rooppur Nuclear Power Plant in 2016. Impress Group’s journey is characterized by dynamic expansion and a commitment to excellence in various industries.

About the Founders of Impress Group

Impress Group was founded by a group of successful friends, including Abdur Rashid Majumder, Abdul Muqueed Majumdar, Faridur Reza Sagor, Reaz Ahmed Khan, Zahiruddin Mahmud, and Md. Enayet Husain. They have demonstrated a strong ability to identify business opportunities, establish effective organizational structures, and appoint capable management teams.

The group operates with an independent management structure for each entity, consisting of executive committees and chief executives who form the apex team. Divisional executive committees collaborate with department heads at the operating company level. This well-structured management approach ensures efficient operations and strategic decision-making within Impress Group.

List of Subsidiaries of Impress Group

Impress Group consists of more than 30 subsidiaries. The major subsidiaries are:

  • Impress Telefilm Ltd (Channel i)
  • Impress Fashion Ltd.
  • Impress Wear Ltd.
  • Incepta Pharmaceuticals Ltd.
  • Incepta Vaccine Ltd.
  • Impress Aviation Ltd.
  • Impress-Newtex Composite Textiles Ltd.
  • Newtex Knit Fashions Ltd.
  • Maheen Label Tex Limited
  • Allied Garments Ltd.
  • Fashrobe Garments Ltd.
  • iSoftware Ltd.
  • Impress Capital Limited
  • iAudio Vision
  • Radio Bhumi
  • Icon Telefilm Ltd.
  • Impress Printing Ltd.
  • Impress Accessories Ltd.
  • iPositive Communications Ltd.
  • iDigital Ltd.
  • Anando Alo Ltd.
  • M.R.S. Syndicate Ltd.
  • iPort Logistics Ltd.
  • iPort Aviation Limited
  • iXpress Ltd.
  • Next Spaces Ltd.
  • Innovative Creation Ltd.
  • Innovative Research & Consultancy Ltd.
  • Impress Energy and Services Ltd.
  • Innovative Shoe Makers Ltd.
  • Prokriti O Jibon Foundation
  • Help D Bangladesh
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Conclusion

Impress Group’s remarkable journey from an advertising firm to a diversified conglomerate is a testament to its visionary leadership and adaptability. With a strong presence in sectors like garments, media, pharmaceuticals, and more, the group has consistently pursued growth and excellence. Impress Group continues to shape industries and contribute to the development of Bangladesh’s economy.

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