Masco Group, a leading ready-made garments industry and one of the largest exporters in Bangladesh, has made significant strides in the field of composite knit industries. Since its inception in 1999, the group has focused on expansion and becoming a market leader.
With state-of-the-art technology, a skilled workforce, and a commitment to quality and innovation, Masco Group’s composite knit industries cover various aspects of the production process. The group’s printing facility stands as the world’s largest printing solution hub, with plans to further enhance its position in the knitted products market.
In addition to its business endeavors, it takes pride in its contributions to society. With a strong focus on compliance, quality, and sustainable development, the group strives to deliver value and maintain a Win-Win philosophy in its business relationships. Upholding core values of integrity, teamwork, and accountability, the group considers its members as a family, working together to provide exceptional support and satisfaction to valued customers.
At A Glance: Masco Group
| Group Name | Masco Group |
| Establishment | In 1999 by M A Sabur |
| Current Chairman/ MD/CEO | M A Sabur |
| Major Business Area | RMG, Textiles, Knitting, Printing, Embroidery, Washing, Dairy, Education, Cricket Academy, Real Estate, Motors, Shares & Securities, IT |
| Total Employee | 20,000 |
| Address | Syed Grand Center, Level-13,14,15; House#89; Road#28; Sector#07, Uttara, Dhaka 1230 |
| Contact No | 8809609000600 |
| marketing@mascoknit.com | |
| Fax | No Individual Fax No. for Group |
| Website | www.mascoknit.com |
| Career | Visit www.mascoknit.com/career or Here |
List of Business Concerns of Masco Group
Masco Group consists of the following major business concerns operating its apparel and non-apparel businesses:
- Masco Industries Ltd.
- Masco Oversese Limited
- Concept Knitting Ltd
- Shanta Expressions Ltd
- Masco Picasso Ltd.
- Masco Shakib Cricket Academy
- Masco Shares and Securities Limited
- Masco Dairy Enterprise
- Masminu Motors
- Masco Properties Limited
- Masminu Systems Limited
CSR Activities of Masco Group
Masco Group takes great pride in its commitment to corporate social responsibility (CSR) and community development. Through various initiatives, the group actively contributes to the betterment of society. Masco School Kanchan, an English medium school, provides quality education with a 50% tuition waiver for children of Masco Group employees.
Masco Shakib Cricket Academy offers comprehensive cricket training facilities to nurture talented young cricketers. The group’s involvement in community engagement is exemplified by the beautifully designed Masco Mosque. It also focuses on environmental CSR activities, such as tree plantation, with a target of planting 4,000 trees by 2023.
Additionally, the group provides subsidized sanitary napkins to its female workers and operates a training center to develop skilled garment workers. Masco Group demonstrates its commitment to healthcare by distributing nasal cannulas to government hospitals and ensuring the well-being of its employees through a help desk service. Through social programs, Masco Group actively promotes women’s healthcare and rights, making a positive impact on society.
Future Plans of Masco Group
Masco has been developing various plans for the future betterment of their production process complying with the world standards and environmental safety issues. Masco Group wants to set examples in energy saving, waste, and chemical management as well as pollution control by adopting the latest technologies and innovations.
Masco targets to cover 5,00,000 sft under solar energy that will generate 4040 KWP. Besides, new machines and technologies will be installed for better water, chemical, and waste management that will ultimately prevent soil, water, and air pollution.
Conclusion
Masco Group stands as a prominent player in the ready-made garments industry of Bangladesh, with a strong commitment to corporate social responsibility and community development. Through numerous initiatives, the group actively contributes to education, sports, environmental sustainability, women’s healthcare, and societal well-being.
With a focus on quality products, integrity, and stakeholder satisfaction, Masco Group continues to make a positive impact and remains dedicated to its mission of sustainable development and social responsibility.
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