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Anwar Group of Industries

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Anwar Group of Industries
Company typePrivate
IndustryConglomerate
Founded1834
Headquarters
Dhaka
,
Bangladesh
Key people
Anwar Hossain (Group Chairman), Manwar Hossain (Managing Director)[1]
ProductsConsumer goods, real estate, cement, textiles, steel, automotive<[2]
RevenueIncreaseUS$400 million (2019)
Number of employees
14,000[2] (2021)
Websitewww.anwargroup.com

Anwar Group of Industries is one of the largest and oldest Bangladeshi conglomerates. It consists of 18 subsidiaries that are servicing consumer goods, steels, cement, textile, finance and automotive industry.[2] Manwar Hossain is the Chairman of Anwar Group.[3]

History

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Anwar Group started as a hides and skins business in 1834,[4] founded by Lakku Mia, an entrepreneur in British India.[4] It is the biggest company in the construction industry of Bangladesh.[5] Hossain Akhtar was the first chairman of the group.[6]

In 1985, Anwar Galvanizing Limited started production of galvanized iron fittings, becoming the first company to make them in Bangladesh.[7]

In June 2009, AG Automobiles became the official partner of Ford Motor Company in Bangladesh and launched the first Ford showroom in Uttara.[8]

In 2015, Anwar Cement announced plans to more than double the sales of cement sheets from 1 billion BDT to 2.5 billion BDT.[9]

On 11 April 2021, Bd Finance of Anwar Group signed an agreement with Sovereign Infrastructure Group at the Bangladesh Embassy to the United States.[10] Anwar Galvanizing announced plans to double their production through investing 270 BDT in the project.[11]

Anwar Hossain was the chairman of the group.[12] After his death on 17 August 2021,[13] his son, Manwar Hossain, replaced him as chairman of Anwar Group on 14 September 2021.[14] He had been the managing director of the company before the death of his father.[15] In December 2021, Toledo Motors Limited became the official partner of Jeep in Bangladesh and launched their showroom in Uttara.[16]

List of companies

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Consumer goods

  • A1 Polymer Ltd.[17]
  • Anwar Galvanizing Ltd.[18]
  • Jute Spinning Mills Ltd/ Anwar Jute Division.[19]
  • Athena’s Furniture & Home décor[20]

Cement

  • Anwar Cement Ltd.[21]
  • Anwar Cement Sheet Ltd.[22]

Textile

  • Anwar Textile Ltd.[23]
  • Mahmud Industries Private Ltd.[24]
  • Anwar Silk Mills Ltd.[25]
  • Hossain Dyeing & Printing Mills Ltd.[26]

Steel

  • Anwar Ispat Ltd.[27]

Real estate

Finance

Automobile

  • AG Automobiles Ltd. (AG Auto)[36]
  • Toledo Motors Ltd (authorized distributor of Jeep in Bangladesh)[37]

See also

[edit]

References

[edit]
  1. ^ "Leadership". Anwar Group. Archived from the original on 2021-06-13. Retrieved 2021-05-02.
  2. ^ a b c "Anwar Hossain departs but his fame lives on: The founder of Anwar Group of Industries established 18 companies". The Daily Star. 2021-08-19. Retrieved 2021-08-21.
  3. ^ "Manwar Hossain elected Anwar Group Chairman". The Business Standard. 2021-09-14. Retrieved 2022-01-31.
  4. ^ a b "Building the future with Anwar Group, in construction and real estate". The Daily Star. 2015-09-17. Retrieved 2021-05-02.
  5. ^ Chowdhury, Sarwar A. (2016-12-18). "Better days ahead for the construction sector". The Daily Star. Retrieved 2022-01-31.
  6. ^ "Hossain Akhtar elected as chairman of City General Insurance Company Limited". The Business Standard. 2021-11-01. Retrieved 2022-01-31.
  7. ^ "Anwar Galvanizing to expand business investing Tk27cr". The Business Standard. 2021-08-18. Retrieved 2022-01-31.
  8. ^ Khan, Jasim Uddin (2010-03-03). "Ford strikes a chord with Bangladesh market". The Daily Star. Retrieved 2022-01-31.
  9. ^ "Anwar Group aims to double cement sheet sales". The Daily Star. 2015-02-15. Retrieved 2022-01-31.
  10. ^ Chakma, Jagaran (2021-04-11). "BD Finance eyes $2b US investment". The Daily Star. Retrieved 2022-01-31.
  11. ^ "Anwar Galvanizing to double production capacity". The Daily Star. 2021-08-18. Retrieved 2022-01-31.
  12. ^ "Message from Chairman – Anwar Group". www.anwargroup.com. Retrieved 2022-01-31.
  13. ^ "Anwar Group Founder, Chairman Anwar Hossain passes away". Dhaka Tribune. 2021-08-18. Retrieved 2022-01-31.
  14. ^ "Manwar Hossain, new chairman of Anwar Group of Industries". The Daily Star. 2021-09-14. Retrieved 2022-01-31.
  15. ^ Chakma, Jagaran; Mirdha, Refayet Ullah (2020-11-16). "Industries vexed at no-gas plan outside economic zones". The Daily Star. Retrieved 2022-01-31.
  16. ^ "Jeep starts its Bangladesh journey". The Daily Star. 2021-12-26. Retrieved 2022-01-31.
  17. ^ "A1 Polymer Ltd". Anwar Group. Retrieved 2022-01-31.
  18. ^ "Anwar Galvanizing Ltd". Anwar Group. Retrieved 2022-01-31.
  19. ^ "Anwar Jute Division". Anwar Group. Retrieved 2022-01-31.
  20. ^ "Athena's Furniture". Anwar Group. Retrieved 2022-01-31.
  21. ^ "Anwar Cement Division". Anwar Group. Retrieved 2022-01-31.
  22. ^ "Anwar Cement Sheet Ltd". Anwar Group. Retrieved 2022-01-31.
  23. ^ "Anwar Textile Ltd". Anwar Group. Retrieved 2022-01-31.
  24. ^ "Mehmud Industries (Pvt.) Ltd". Anwar Group. Retrieved 2022-01-31.
  25. ^ "Anwar Silk Mills Ltd". Anwar Group. Retrieved 2022-01-31.
  26. ^ "Hossain Dyeing & Printing Mills Ltd". Anwar Group. Retrieved 2022-01-31.
  27. ^ "Anwar Ispat Ltd". Anwar Group. Retrieved 2022-01-31.
  28. ^ "Anwar Landmark". Anwar Group. Retrieved 2022-01-31.
  29. ^ Akanda Muhammad Jahid (2021-06-01). "Cut construction cost to save real estate industry". The Daily Star. Retrieved 2022-01-31.
  30. ^ "Anwar Infrastructure Ltd". Anwar Group. Retrieved 2022-01-31.
  31. ^ "The City General Insurance Co. Ltd". Anwar Group. Retrieved 2022-01-31.
  32. ^ "Bangladesh Finance And Investment Company Limited". Anwar Group. Retrieved 2022-01-31.
  33. ^ "BD Capital". Anwar Group. Retrieved 2022-01-31.
  34. ^ "BD Securities". Anwar Group. Retrieved 2022-01-31.
  35. ^ "The City General Insurance Co. Ltd". wAnwar Group. Retrieved 2022-01-31.
  36. ^ "AG Automobile". Anwar Group. Retrieved 2022-01-31.
  37. ^ Chakma, Jagaran (2021-12-30). "Luxury car sales in fast lane". The Daily Star. Retrieved 2022-01-31.
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