Meghna Group of Industries (MGI) is a prominent conglomerate in Bangladesh, encompassing over 50,000 employees, 6,300 distributors, and 15,000 suppliers. With an annual turnover of around $2.8 billion, MGI has diversified its operations across numerous sectors, including FMCG, building materials, pulp and paper, LPG, power plants, shipping, and more. Their products, marketed under recognizable brand names like “Fresh” and “No.1,” have gained wide acceptance both domestically and internationally.
MGI’s founder, Mostafa Kamal, has played a pivotal role in the conglomerate’s success, leading its expansion and contributing to the nation’s economic development. Through the establishment of private economic zones, such as the pioneering “Meghna Economic Zone,” MGI has further bolstered its industrial presence. With a remarkable investment of $451 million in 2020, MGI continues to thrive and shape the industrial landscape of Bangladesh.
At A Glance: Meghna Group of Industries
| Group Name | Meghna Group of Industries |
| Establishment | In 1976 by Mostafa Kamal |
| Current Chairman/ MD/CEO | Mostafa Kamal |
| Major Business Area | Consumer Goods, Cement, Chemical, Power, Fibre, Pulp and Paper, Feeds, Steel, Real Estate, Insurance, Securities and Media |
| Total Employee | 50,000 + |
| Address | Fresh Villa, House # 15, Road # 34, Gulshan-1, Dhaka-1212 |
| Contact No | 8809666777055 |
| info@mgi.org | |
| Fax | 8802222289361, 8802222284896 |
| Website | www.mgi.org |
| Career | Visit www.mgi.org/join-us or Here or Email Your Resume/CV at career@mgi.org |
List of Major Subsidiaries of Meghna Group of Industries
Meghna Group of Industries has expanded its operation in various sectors & gained the trust of its consumers with its excellent products and services. Here are some of the major subsidiaries of the Meghna Group of Industries.
- Fresh (FMCG)
- Meghna Beverage
- Meghna Vegetable Oil Industries Limited
- Meghna Sugar Refinery Limited
- Unique Cement Fiber Industries
- Fresh Cement
- Sonargaon Steel Fabricate Limited
- Sonargaon Green Concrete Bricks and Blocks
- Fresh Ceramics
- Tasnim Chemical Complex Limited
- Meghna PVC Limited
- Meghna Economic Zone
- Meghna Industrial Economic Zone Limited
- Cumilla Economic Zone
- Everest CNG Refueling & Conversion Limited
- MGI Transport and Logistics
- Fresh LPG
- Meghna Power
- Meghna Pulp & Paper Mills Limited
- Fresh Exercise Books
- Fresh Paper
- Meghna Ballpen & Accessories Mfg. Limited
- Sonargaon Printing & Packaging Industries Limited
- Meghna Foil Packaging Limited
- Fresh Happy Nappy Diaper
- United Feeds Limited
- Soya Bean & Rape Seed processing plant
- Meghna Seeds Crushing Mills Limited
- United Fibre Industries Limited
- Tanveer Polymer Industries Limited
- Meghna Aviation Limited
- Meghna Shipping
- Bangladesh National Insurance Company Limited
- Dhaka Securities Limited
- Meghna Hotel and Resorts
- The Central Hospital Limited
- The Barakah General Hospital Limited
- Meghna Information Technology
- Meghna Properties Limited
- Ekkator Television
- Kamal Trading Company
Recent Highlights of Meghna Group of Industries
Recently, Meghna Group of Industries embarked on the construction of Cumilla Economic Zone with a significant investment. They also began the construction of a manufacturing unit for rice mill and rice bran oil plant, while their ceramic company joined a prestigious industry association. Plans for establishing another rice mill and securing substantial investment from the International Finance Corporation were set in motion.
Additionally, the group expanded its fleet with the launch of four new oceangoing vessels, reinforcing its presence in the shipping industry. These endeavors showcase MGI’s commitment to growth and diversification in various sectors of the economy.
CSR Activities of Meghna Group of Industries
Meghna Group of Industries (MGI) is committed to Corporate Social Responsibility (CSR) and actively contributes to various social causes. Chairman and Managing Director, Mr. Mostafa Kamal, sponsors hospitals, educational institutions, and welfare foundations, providing support to the community.
MGI has extended assistance during natural disasters, such as floods and the Nepal earthquake, by donating essential supplies and relief funds. Mr. Mostafa Kamal has also constructed low-cost houses for the underprivileged. MGI has pioneered a baby care zone at Hazrat Shahjalal International Airport, offering convenience to mothers traveling with young children. The group has contributed to educational opportunities by donating scholarships and funds to educational institutions.
In response to the COVID-19 pandemic, MGI has donated generously to the Prime Minister’s Relief Fund, provided essential food packs, and masks, and collaborated with Rapid Action Battalion (RAB) for distribution. Through these CSR initiatives, MGI demonstrates its commitment to the welfare and well-being of society.
Conclusion
Meghna Group of Industries (MGI) stands as a leading conglomerate in Bangladesh with remarkable growth and diversification. With a focus on corporate social responsibility, MGI has made significant contributions to healthcare, education, disaster relief, and community welfare. Under the visionary leadership of Mr. Mostafa Kamal, MGI continues to drive industrial development and uplift society, making a lasting impact on the Bangladeshi economy.
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