Founded in 1987 as East-West Property Development (Pvt) Ltd, Bashundhara Group has become a towering presence in Bangladesh’s business landscape. Starting in the real estate domain, the group quickly addressed the urgent housing needs of Dhaka’s expanding urban population by providing affordable, high-quality housing. This initial endeavor earned Bashundhara a solid reputation and set the foundation for its diversified growth.
The group adopted the guiding principle "For the People, For the Country," under which it expanded into manufacturing and trading in the early 1990s. Bashundhara began producing cement, paper, and tissue and distributing liquefied petroleum gas (LPG), quickly becoming known for the quality and reliability of these products. This diversification helped cement its position as a leader in various industrial sectors.
A significant chapter in Bashundhara’s history was the public listing of Meghna Cement Mills Limited on the Dhaka Stock Exchange and the Chittagong Stock Exchange in the early 2000s. This move provided the necessary capital for further expansion and solidified Bashundhara’s reputation in the financial markets, allowing the public to invest in its continued growth.
In real estate, Bashundhara’s innovative spirit led to the development of Bashundhara City Development Ltd. (BCDL), a large shopping and recreational center in Dhaka. This project exemplifies the group’s ability to adapt to consumer demands, integrating shopping and entertainment to provide a holistic experience for customers.
The year 2009 marked Bashundhara’s entry into the media industry with the establishment of East West Media Group Ltd. This subsidiary now controls several significant media outlets, including the newspapers "Kaler Kantho" and "Bangladesh Pratidin," the "Daily Sun," and the online news portal "banglanews24.com." It also introduced News24, a leading news channel; T Sports, the first dedicated sports channel in Bangladesh; and Radio Capital, a diverse FM radio station.
Bashundhara Group has also significantly impacted other crucial sectors through Bashundhara Food & Beverage Industries Ltd., affecting the toiletries, paper, LPG, oil, gas, and food industries, enhancing the nation’s industrial base and food security.
The group has been recognized with numerous accolades, including several "Best Brand" awards for its tissue and LPG products, and it achieved "Superbrands" status for multiple products in 2023.
Through its philanthropic arm, the Bashundhara Foundation, the group supports various social initiatives, focusing on education, healthcare, disaster relief, and sustainable development. This includes significant assistance to tea workers in Bangladesh, equipping them with the necessary skills and resources to improve their livelihoods.
Driven by a commitment to patriotism, honesty, fairness, and service to the nation, Bashundhara Group continues to lead with innovation and integrity. It aims to further its status as the largest business conglomerate in Bangladesh and a notable player on the global stage.
Bashundhara Group hasn't published any decks.
Speaker Deck Pro: Add privacy options and schedule the publishing of your decks Upgrade