Karnaphuli Group, established in 1954 by the visionary Late Hedayet Hossain Chowdhury, stands as a paragon of success and diversification in Bangladesh’s business landscape. Under the dynamic leadership of its Managing Director, Saber Hossain Chowdhury, who also holds a parliamentary seat, Karnaphuli Group has evolved into one of the nation’s most esteemed and multifaceted conglomerates.
With a presence across various sectors, including Port and Shipping, Media and Publishing, Health Care, Real Estate, and more, Karnaphuli Group has left an indelible mark on the industrial landscape of Bangladesh. This conglomerate’s commitment to excellence, innovation, and community welfare has propelled it to the forefront of the nation’s business community.
At A Glance: Karnaphuli Group
| Group Name | Karnaphuli Group |
| Establishment | In 1954 by Late Hedayet Hossain Chowdhury |
| Current Chairman/ MD/CEO | Saber Hossain Chowdhury |
| Major Business Area | Port, Shipping and Logistics, Media and Publishing, Securities Trading, Health Care, Real Estate, Motor Cycles, Travel and Related Services, Global Satellite Television, General Insurance, Marketing and Distribution and Air Cargo |
| Total Employee | 3,238 + |
| Address | HR Bhaban , 26/1 Kakrail Road, Dhaka-1000 |
| Contact No | 880258310167-73, 880258310175 |
| info@karnaphuli.com | |
| Fax | 880248314948 |
| Website | www.karnaphuli.com |
| Career | Visit Here |
Brief History of Karnaphuli Group
Founded in 1954 by Hedayet Hossain Chowdhury, Karnaphuli Group derives its name from the renowned Karnaphuli River, near the port city of Chattogram, Bangladesh. This pioneering company achieved a significant milestone by becoming the first in the nation to attain ISO 9002 certification.
The leadership mantle was passed down to Saber Hossain Chowdhury, the son of the founder, while the third generation, represented by Hamdan Hossain Chowdhury, plays an active role as a director within the group.
Karnaphuli Group ventured into diverse sectors, including motorcycle distribution, telecommunications, and container shipping. The group, with its impressive fleet of 65 vessels, is a notable player in container shipping, connecting Chittagong to key international ports.
Despite facing challenges like the bankruptcy of its partner, Hanjin Shipping Lines, Karnaphuli Group stands today as a robust and diversified business conglomerate in Bangladesh.
Corporate Philosophy of Karnaphuli Group
Karnaphuli Group’s corporate philosophy revolves around continuous growth, diversification, and a commitment to excellence. It emphasizes expanding existing business domains while actively seeking new opportunities and challenges. The group strives to achieve new milestones and synergies, reflecting its dynamic and forward-thinking approach.
The guiding principle of “Excellence in Diversity” underscores Karnaphuli’s dedication to excellence across its diverse range of activities. The group aspires not only to be the best it can be but also to contribute significantly to Bangladesh’s progress and development.
In line with its philosophy, Karnaphuli aims to set higher standards, surpassing its past achievements. This proactive approach reflects its commitment to self-improvement and advancement, ensuring a continuous journey toward excellence and innovation.
List of Major Business Concerns of Karnaphuli Group
Karnaphuli Group has diversified its business portfolio across various sectors, encompassing activities such as port operations, shipping and logistics, media and publishing, healthcare, securities trading, real estate, motorcycle assembling and manufacturing, global satellite television, general insurance, air cargo, and so on. The major concerns it has established so far are:
- Karnaphuli Ltd
- Karnaphuli Industries Limited
- HR Lines Limited
- Daily Bhorer Kagoj
- Daily Diner Sheshey
- The New Paper
- Desh Television Limited
- HR Securities and Investments Limited
- Sobujmoti Shashthyaseba
- Karnaphuli Garden City
- Republic Insurance Company Limited
- Easy Fly Express Ltd.
- Voicetel Limited
- K&T Logistics Limited
- Karnaphuli Works Ltd.
CSR Activities of Karnaphuli Group
Karnaphuli Group actively participates in various corporate social responsibility (CSR) initiatives year-round. It recognizes its obligation as a successful organization to contribute to society and extend support to areas where intervention and assistance are essential.
As part of its commitment to being a responsible corporate entity, the group donates to charitable causes and extends aid during natural disasters that periodically affect the nation.
The organization’s involvement extends to healthcare through the “Shobujmoti Trust,” offering free healthcare services and educational stipends/scholarships to the vulnerable and underprivileged, along with micro-credit operations benefiting the urban poor.
Furthermore, Karnaphuli Group operates a training center that provides valuable computer and vocational training to young individuals from Sabujmati Bhaban, a program that has been running successfully for over a decade.
These CSR endeavors exemplify the group’s dedication to making a positive impact on society.
Conclusion
Karnaphuli Group stands as a stalwart in Bangladesh’s business landscape, with a rich history. Guided by a commitment to excellence and diversification, it has ventured into various sectors. This conglomerate not only thrives in business but also upholds a strong sense of corporate social responsibility. Through initiatives in education, healthcare, and disaster relief, Karnaphuli Group actively contributes to the betterment of society.
With a forward-looking philosophy and a vision for continued growth, it remains a significant player in Bangladesh’s corporate arena, striving for excellence in diversity.
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