Company:PRAN-RFL Group
Logo of the PRAN-RFL Group, | |
Type | Business enterprise |
---|---|
Inception | 1981 |
Website | pranfoods www |
PRAN-RFL Group (Bengali: প্রাণ-আরএফএল গ্রুপ) is one of the largest conglomerates in Bangladesh.[1] It is the largest agribusiness & plastic product manufacturer in Bangladesh.[2]
History
PRAN (Programme for Rural Advancement Nationally)[3] was established in 1981 by retired Major General Amjad Khan Chowdhury and has become one of the largest food and beverage brands in Bangladesh.[4][5] PRAN pioneered agribusiness in Bangladesh by providing farmers with guaranteed prices.[6] PRAN Foods, a subsidiary of the PRAN-RFL Group,[7] produces a number of agricultural products under the PRAN banner. PRAN established a subsidiary company in UAE in 2003.[8]
In 2008, the company announced plans to open a production facility in Tripura, India , after the Indian government lifted the ban on direct investment from Bangladesh in 2007.[1] The PRAN group's exports had reached 10 billion taka by 2016, with the biggest markets for the company in India, Saudi Arabia, the UAE, Malaysia, and Oman.[9] The same year the revenue for PRAN exceeded US$500 million.[10] PRAN started exporting potatoes in March 2016.[11]
In April 2016, PRAN started to export cassava and the first shipment, worth US$3 million, was sent to New Zealand.[12] PRAN has 80 thousand direct employees and 200 thousand indirect employees.[13] PRAN exports to over 118 different countries.[14]
PRAN started exporting through river route to India from Bangladesh in March 2021.[15]
Businesses
PRAN-RFL Group contains two Groups, called PRAN-Group & RFL-Group.
Businesses operating under these groups contains several registered companies/businesses. Below are some of them-
PRAN Grpup | RFL Group | Other sister concerns |
---|---|---|
Agricultural Marketing Co. Ltd | Rangpur Foundry Limited | Property Development Limited |
Mymensingh Agro Limited | Gonga Foundry Limited | AKC (Pvt.) Limited |
Banga Bakers Limited | RFL Plastics Limited | AKC Management Limited |
Natore Agro Limited | Durable Plastic Limited | Logi-Care Overseas Limited |
Natore Dairy Limited | Banga Plastic International Limited | Career Builders Limited |
PRAN Agro Limited | Rangpur Metal Industries Limited | Banga Trading House Limited |
PRAN Agro Business Limited | Banga Building Materials Limited | |
PRAN Beverage Limited | Trade Environment Limited | |
PRAN Confectionery Limited | Allplast Bangladesh Limited | |
PRAN Dairy Limited | RFL Electronics Limited | |
PRAN Foods Limited | Getwell Limited | |
Banga Miller Limited | Bangladesh Lift Industries Limited | |
Banga Agro Processing Limited | RFL Construction Limited | |
Advance Personal Care Limited | Multi -Line Industries Limited | |
Chorka Fashions Limited | Accessories World Limited | |
Chorka Textile Limited | Habiganj Ceramics Limited | |
Habiganj Agro Limited | Habiganj Glassware Limited | |
Habiganj Textile Limited | Habiganj Metal Industries Limited | |
Packmat Industries Limited | RFL Exports Limited | |
Sylvan Agriculture Limited | ||
Sun Basic Chemicals Limited | ||
Sylvan Technologies Limited | ||
Sylvan Poultry Limited | ||
PRAN Exports Limited |
Awards
- Top VAT payers Awards from the National Board of Revenue for being top VAT payer in different financial year.[16][17][18][19]
- National Productivity Award by National Productivity Organization.[20][21][22]
- Best Employer Brand Award.[23]
- National Export Trophies.[24][25][26][27][28]
Factories
- Habiganj Industrial Park, Sayestaganj, Habiganj, Sylhet
- PRAN Industrial Park, Palash, Narshingdi
- RFL Industrial Park, Mulgaon, Kaliganj, Gazipur
- Danga Industrial Park, Kazirchar, Danga, Palash, Narshingdi
- Rupganj RFL Factory, Rupganj, Narayanganj
- Rangpur Foundry Ltd., BSCIC, Kallabong, Rangpur
References
- ↑ 1.0 1.1 "Pran to build first foreign plant in India" (in en). The Daily Star. 24 January 2008. http://www.thedailystar.net/news-detail-20358.
- ↑ "Pran makes it big in dairy business" (in en). The Daily Star. 18 December 2011. http://www.thedailystar.net/news-detail-214548.
- ↑ IANS (4 June 2015). "First Bangladeshi food processing unit in India". Business Standard India. http://www.business-standard.com/article/news-ians/first-bangladeshi-food-processing-unit-in-india-115060400454_1.html.
- ↑ "Amjad Khan's death anniv observed". Prothom Alo. http://en.prothom-alo.com/corporate/news/111259/Amjad-Khan%E2%80%99s-death-anniv-observed.
- ↑ Bilkis, Shahana (12 March 2014). "Bangladeshi agro-processed food has good prospect abroad". The Financial Express (Dhaka). http://www.thefinancialexpress-bd.com/2014/03/12/22986.
- ↑ Sobhan, Rehman (4 October 2010) (in en). Challenging the Injustice of Poverty: Agendas for Inclusive Development in South Asia. SAGE Publications. pp. 111. ISBN 9788132104681. https://books.google.com/books?id=BBQKr8mIcAIC&pg=PA111.
- ↑ "GDCL to arrange Tk 1b fund for Pran thru Islamic Bond issue". The Daily Observer. http://www.observerbd.com/2016/04/08/145668.php.
- ↑ Basit, Abdul. "Pran Foods expects 60% sales growth in 2014". Khaleej Times. http://www.khaleejtimes.com/business/markets/pran-foods-expects-60-sales-growth-in-2014.
- ↑ "PRAN-RFL fetches over Tk 1,000cr from export" (in en). Daily Sun. http://daily-sun.com/post/149798/PRANRFL-fetches-over-Tk-1000cr-from-export.
- ↑ Mitra, Sounak (10 February 2016). "If Shan doesn't get you, PRAN will". livemint.com/. http://www.livemint.com/Industry/56K8rW8kKBm7pN6sv6CzTO/If-Shan-doesnt-get-you-Pran-will.html.
- ↑ "PRAN starts potato export" (in en). The Daily Star. 11 March 2016. http://www.thedailystar.net/business/pran-starts-potato-export-789643.
- ↑ "PRAN to export $3m of cassava to New Zealand" (in en). The Daily Star. 12 April 2016. http://www.thedailystar.net/business/pran-export-3m-cassava-new-zealand-1207789.
- ↑ "In memory of the man who built Pran" (in en). The Daily Star. 5 July 2016. http://www.thedailystar.net/business/global-business/memory-the-man-who-built-pran-1250362.
- ↑ "PRAN aims at poverty cut, employs over 10 lakh workers" (in en). Daily Sun. https://www.daily-sun.com/arcprint/details/149796/PRAN-aims-at-poverty-cut-employs-over-10-lakh-workers/2016-07-10.
- ↑ "Pran-RFL commences food export to India thru river route" (in en). New Age. https://www.newagebd.net/article/132920/pran-rfl-commences-food-export-to-india-thru-river-route.
- ↑ "4 PRAN-RFL companies receive top VAT payer award" (in en). The Daily Star. 2020-12-10. https://www.thedailystar.net/events/news/4-pran-rfl-companies-receive-top-vat-payer-award-2009209.
- ↑ (in bn). http://www.bssnews.net/bangla/?p=296006.
- ↑ "PRAN-RFL's four companies receive top VAT payer award" (in en). UNB. https://unb.com.bd/category/Business/pran-rfls-four-companies-receive-top-vat-payer-award/61806.
- ↑ "Two companies of PRAN-RFL receive top VAT Payer award" (in en). UNB. https://unb.com.bd/category/Business/two-companies-of-pran-rfl-receive-top-vat-payer-award/45201.
- ↑ "PRAN-RFL's 10 companies get productivity award" (in en-US). jagonews24.com. https://www.jagonews24.com/en/business/news/54467.
- ↑ "4 companies of PRAN-RFL get productivity award" (in en). UNB. https://unb.com.bd/category/Business/4-companies-of-pran-rfl-get-productivity-award/24619.
- ↑ "10 Pran-RFL companies get productivity award" (in en). The Business Standard. 2021-02-15. http://www.tbsnews.net/companies/10-pran-rfl-companies-get-productivity-award-202297.
- ↑ "PRAN-RFL Group bags 'Best Employer Brand Award'" (in en-US). unb.com.bd. https://unb.com.bd/category/Business/pran-rfl-group-bags-best-employer-brand-award/27780.
- ↑ "PRAN-RFL bags five national export trophies" (in en). UNB. https://unb.com.bd/category/Business/pran-rfl-bags-five-national-export-trophies/27312.
- ↑ "PRAN-RFL Group bags five national export trophies". bdnews24.com. https://bdnews24.com/business/2019/09/01/pran-rfl-group-bags-five-national-export-trophies.
- ↑ "PRAN-RFL wins 5 export trophies" (in bn). banglanews24.com. 2019-09-01. https://www.banglanews24.com/english/business/news/bd/79480.details.
- ↑ "Pran gets export trophies for 13th year" (in en). The Daily Star. 2017-01-02. https://www.thedailystar.net/business/pran-gets-export-trophies-13th-year-1339042.
- ↑ Express, The Financial. "RFL receives National Export Gold trophy" (in en). The Financial Express. https://thefinancialexpress.com.bd/trade/rfl-receives-national-export-gold-trophy-1543749629.