M.M. Ispahani Limited, known as The Ispahani Group, is a renowned conglomerate headquartered in Chittagong, Bangladesh, established in 1820 and owned by the Ispahani family. The group’s diverse interests span tea production, food brands, real estate, textiles, agriculture, shipping, jute, packaging, and hospitality.
It holds a pivotal position in Bangladesh’s business landscape and is a dominant force in the tea industry, claiming about 50% of the national branded tea market and 80% of the branded tea-bag market. The illustrious reputation of Ispahani Tea resonates throughout Bangladesh, with household names like Mirzapore Best Leaf and Mirzapore Double Chamber Tea Bags.
The group maintains an extensive distribution network of over 517 sales centers spread across 24 Divisional offices, strategically covering key regions of Bangladesh. With a legacy of innovation and economic contribution, The Ispahani Group remains a symbol of enduring success in Bangladesh.
At A Glance: M. M. Ispahani Group
| Group Name | M. M. Ispahani Group |
| Establishment | In 1820 by Haji Mohammed Hashim |
| Current Chairman/ MD/CEO | Mirza Salman Ispahani |
| Major Business Area | Tea, Rubber, Textiles, Jute, Shipping, Real Estate, Food, Poultry, Healthcare, ISP, Aviation |
| Total Employee | 10,000 + |
| Address | Ispahani Building, Sk. Mujib Road, Agrabad C/A, Chittagong-4100 |
| Contact No | 8802333316153-6 |
| careline@mmispahani.com | |
| Fax | No Individual Fax No. for Group |
| Website | www.ispahanibd.com, www.ispahanitea.com |
| Career | Visit www.ispahanitea.com/home/career or Here |
History of M.M. Ispahani Group
Since 1820, the Ispahani family has been active in business across South Asia. The journey of M.M. Ispahani Group began with the establishment of Ispahani Group by Haji Mohammed Hashim. Later, Mirza Mohammed Ispahani founded the Calcutta office of M.M. Ispahani & Sons in 1900.
The transition to M.M. Ispahani Limited occurred in 1934, led by Mirza Ahmed Ispahani, along with his brothers, Mirza Abol Hassan Ispahani and Mirza Mahmood Ispahani. In 1947, the corporate Head Office was relocated to Chittagong, where it stands today.
With its diverse divisions in tea, textiles, jute, property, poultry, and shipping, the group employs around 10,000 people. The M.M. Ispahani Group’s historical legacy spans decades of significant contributions to the business landscape in South Asia.
List of Business Concerns of M.M. Ispahani Group
Ensuring the growth of its key business, M.M. Ispahani Group has expanded its business in various sectors like food, agro, rubber, textile, power generation, ICT, real estate, and so on. The major concerns of Ispahani Group are:
- Ispahani Tea Limited
- Pahartali Textile & Hosiery Mills
- Ispahani Foods Limited
- Ispahani Agro Limited
- Chittagong Jute Manufacturing Co. Ltd.
- Broad Band Telecom Services Limited
- The Avenue Hotel and Suites
- Pahartali Power House
- Ispahani Marshall Limited
- Free School Street Property Limited
- Nasirabad Properties Limited
- Sikomi Properties Limited
Awards and Recognition of M.M. Ispahani Group
M.M. Ispahani Group has garnered significant awards and recognition in various sectors. Notable among these is the Honorary Commemorative 2022 bestowed upon Ispahani Tea Limited by the Bangladesh Tea Board, acknowledging its substantial contribution to the nation’s tea industry.
Ispahani Mirzapore earned the ‘Best Hot Beverage Brand (Tea) Award 2021’ for seven consecutive years at the ‘Best Brand Award 2021’, a recognition by Bangladesh Brand Forum. Pahartali Textile and Hosiery Mills, a venture of M.M. Ispahani Limited, secured the National Productivity and Quality Excellence Award 2020 for exceptional performance.
Additionally, Ispahani Group’s Ghazipore and Neptune tea gardens received the ‘Green Factory Award 2020’, signifying their commitment to labor-friendly and climate-conscious practices. These honors underscore the group’s continuous pursuit of excellence across industries.
Corporate Social Responsibilities (CSR) of M.M. Ispahani Group
M.M. Ispahani Group embraces corporate and social responsibility as an integral part of its ethos. Throughout its history, the group has actively contributed to numerous meaningful causes.
It has established educational institutions, such as the Ispahani Public School and College, and supported educational development initiatives. The group has extended its commitment to the health sector through the renowned Islamia Eye Institute and Hospital, offering modern and affordable eye care services to a wide spectrum of patients, including the economically disadvantaged.
In response to the COVID-19 pandemic, the group contributed significantly by donating medical supplies, including high-flow nasal cannulas, N95 masks, and oxygen cylinders to medical facilities in different regions. Additionally, the group donated a substantial amount to the Prime Minister’s Relief and Welfare Fund.
The Ispahani Group’s dedication extends beyond healthcare, as it also sponsors various sports tournaments, including cricket, football, golf, squash, and tennis, further contributing to community engagement. This unwavering commitment to diverse philanthropic endeavors continues to highlight the group’s holistic approach to business and community welfare.
Conclusion
With a rich history spanning over two centuries, M.M. Ispahani Group stands as a stalwart in the business landscape of Bangladesh. Rooted in tradition yet forward-thinking, the group’s legacy encompasses diverse sectors including tea, textiles, shipping, and hospitality.
Its emphasis on corporate responsibility through initiatives in education, healthcare, and sports demonstrates a commitment beyond commerce. As the Ispahani Group maintains its leadership in the tea industry and expands its impact, its legacy of quality, service, and community engagement remains an enduring testament to its enduring success.
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