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Description

MGI represents an enterprise and brand with 48 years of national and global experience. It currently operates more than 54 industrial units, houses over 50,000 employees, 6,650 distributors, and 15,000 suppliers under its umbrella, and achieves an annual turnover of approximately $3.0 billion. The history of one of Bangladesh's largest leading conglomerates, Meghna Group of Industries (MGI) can be traced all the way back to 1976 when its predecessor operated under the name of Kamal Trading Company. The conglomerate itself has humble origins and began its life as Meghna Vegetable Oil Industries Ltd. in 1989 on a small patch of land in Meghnaghat, Narayanganj. The secret to the success and vast expansion of MGI has been diversification and the group has entered a broad array of different markets and industries including Fast Moving Consumer Goods (FMCG), building materials, pulp and paper, LPG, feeds, fiber, power plants, shipping, seeds crushing, chemicals, shipbuilding, dockyard, securities, insurance, media, and aviation. The product range of MGI today is truly impressive and the conglomerate markets most of its products under the recognizable brand names of "Fresh", "No.1", "Actifit", "Pure" and "Meghnacem Deluxe". The result of this level of reach and diversification has been that within Bangladesh one in every two households uses MGI products and internationally MGI has a substantial presence in the UK, Middle East, Southeast Asia, Europe, South Africa, and North and South America.