Kallol Group of Companies
 | |
| Founded | 1972 |
|---|---|
| Founder | Ghulam Mostafa |
| Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
| Website | kallolgroup |
Kallol Group of Companies (Bengali: কল্লোল গ্রুপ অফ কোম্পানিজ) is a Bangladeshi diversified conglomerate based in Dhaka. Ghulam Mostafa is the managing director of Kallol Group.[1][2] Kallol Group is a major importer of wristwatches in Bangladesh through its subsidiary Time Zone.[3] It was the first importer of tissue in Bangladesh.[4]
History
[edit]Kallol Group of Companies was established in 1972.[5]
Kallol Group of Companies signed a licensee agreement with the United Kingdom-based Fay International Limited to produce Fay branded tissues in Bangladesh.[5] Kallol Group started importing Fay tissue and distributing them in Bangladesh in 1987, the first to sell tissue in the country.[6]
Kallol Group became the distributor of Nutri-C in Bangladesh in 1999.[7]
On 23 February 2004, Kallol Group became a corporate client of Grameenphone.[8]
In 2006, Kallol Group bought local detergent brand Jet and Kohinoor Detergent factory.[5][9] The group signed an agreement with Nestle Malaysia through Kallol Distributions Limited to distribute its products in Bangladesh.[10] In 2007, the Group became a franchisee of World of Titan.[11] The Time Zone stores have 52 locations in Bangladesh.[12]
On 17 May 2010, Kallol Group signed an agreement with Jyothy Laboratories of India to create Jyothy Kallol Bangladesh Limited to produce Ujala fabric whitener.[7] The joint venture is owned 75 percent by Jyothy Laboratories of India and the remaining 25 percent are held by Kallol Group.[13] On 18 August 2006, Kallol Group signed an agreement with Thai President Foods to create a joint venture company called Kallol Thai President Foods to produce MAMA noodles.[7]
In August 2011, the office of Kallol Group in Tejgaon was robbed of 1.9 million taka in cash and 2.6 million taka worth of watches.[14]
Businesses
[edit]- Fay Tissue[5]
- Kallol Chemicals Limited (Jet detergent)[9]
- Kallol Thai President Foods (MAMA noodles)[7]
- Jyothy Kallol Bangladesh Ltd[7]
- Nutri-C[7]
- Time Zone[7]- major importer of watches, including Swiss watches, in Bangladesh.[15][16]
- Kallol Distributions Limited[10]
References
[edit]- ^ "Titan top boss in town". The Daily Star. 2014-11-19. Retrieved 2022-04-27.
- ^ "Kallol Group of Companies". The Daily Observer. Retrieved 2022-04-27.
- ^ "Multifunctional wristwatch market growing". The Business Standard. 2020-12-26. Retrieved 2022-04-27.
- ^ "Tissue, hygiene products sales jump amid pandemic". The Business Standard. 2021-03-01. Retrieved 2022-04-27.
- ^ a b c d "About". Kallol Group of Companies. Retrieved 27 April 2022.
- ^ Akter, Sayeda (2008-08-22). "A major player in lifestyle". The Daily Star. Retrieved 2022-04-27.
- ^ a b c d e f g "Joint Venture". Kallol Group of Companies. Retrieved 2022-04-27.
- ^ "Kallol Group becomes GP's corporate client". The Daily Star. Retrieved 2022-04-27.
- ^ a b "Manufacturing". Kallol Group of Companies. Retrieved 2022-04-27.
- ^ a b "Kallol to market Nestle Asean (Malaysia) products". The Daily Star. Retrieved 2022-04-27.
- ^ "Exclusive showroom for Titan watch opens". The Daily Star. Retrieved 2022-04-27.
- ^ "Time Zone Online Watches Shop in Bangladesh". TIME ZONE (in Spanish). Retrieved 2022-04-27.
- ^ Saha, Suman (2013-01-20). "India's Ujala maker sets up factory in Tongi". The Daily Star. Retrieved 2022-04-27.
- ^ "Theft at Kallol Group in city". The Daily Star. 2011-08-07. Retrieved 2022-04-27.
- ^ Akter, Sayeda (2008-10-29). "Timepieces stand test of time". The Daily Star. Retrieved 2022-04-27.
- ^ "Kallol Group opens showroom for Swiss brand watches". The Daily Star. Retrieved 2022-04-27.
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