KDS Group: Difference between revisions
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| hq_location_country = Bangladesh |
| hq_location_country = Bangladesh |
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| key_people = Khalilur Rahman (Chairman) |
| key_people = Khalilur Rahman (Chairman) |
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| products = [[Garments]], textile, |
| products = [[Garments]], [[textile]], trims and [[packaging]], [[steel]], [[Logistics|logistic]] and [[shipping]] |
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| revenue = {{increase }}US$150 million (2012) |
| revenue = {{increase }}US$150 million (2012) |
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| num_employees = 25000 |
| num_employees = 25000 |
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| num_employees_year = <!-- Year of num_employees data (if known) --> |
| num_employees_year = <!-- Year of num_employees data (if known) --> |
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| website = http://www.kdsgroup.net/ |
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}} |
}} |
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'''KDS Group''' is a business and industrial [[conglomerate (company)|conglomerate]]s of [[Bangladesh]], which is based |
'''KDS Group''' is a business and industrial [[conglomerate (company)|conglomerate]]s of [[Bangladesh]], which is based in Chittagong<ref>{{Cite web |last=Khan |first=Jasim Uddin |date=2008-03-06 |title=New pvt inland container depots in Chittagong |url=https://www.thedailystar.net/news-detail-26349 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> but with extensive operations in Dhaka as well.<ref>{{Cite news|url=https://www.thedailystar.net/news-detail-79912|title=Tk 300cr logistics yard set for launch|date=2009-03-16|work=The Daily Star|access-date=2018-08-26|language=en}}</ref> It has also established offices and agencies in India, Hong Kong and is currently expanding into Europe and North America.<ref>{{cite news |title=KDS group to set up Tk 1400cr HR coil, sugar refinery plants |url=http://www.newagebd.com/2005/apr/08/busi.html#2 |newspaper=New Age |location=Dhaka |archive-url=https://web.archive.org/web/20051222044818/http://www.newagebd.com/2005/apr/08/busi.html |archive-date=22 December 2005}}</ref> |
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== History == |
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The group was founded in 1983, through the establishment of one of the first garments industries of Bangladesh. |
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The group was founded in 1983, through the establishment of one of the first garments industries of Bangladesh.<ref name=":0">{{Cite web |title=KDS |url=http://www.kdsgroup.net/ |access-date=2023-01-25 |website=www.kdsgroup.net}}</ref> The founder of the group was [[Khalilur Rahman (entrepreneur)|Khalilur Rahman]].<ref name=":0" /> |
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KDS Textiles was established in 2000.<ref name=":0" /> The same year, KDS Steel established KYCR Coil Industries Limited.<ref name=":0" /> In 2001, the Cold Rolling Mills Complex was established by KDS group.<ref>{{Cite web |title=Corrugated sheets shine |url=https://archive.thedailystar.net/newDesign/cache/cached-news-details-169913.html |access-date=2023-01-25 |website=archive.thedailystar.net}}</ref> |
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In March 2009, KDS Logistics began operations of its Inland Container Depot near [[Port of Chittagong|Chittagong Port]].<ref name=":1">{{Cite web |date=2009-03-21 |title=Tk 300cr private ICD starts operation in Chittagong today |url=https://www.thedailystar.net/news-detail-80646 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> The group had invested three billion BDT to establish the depot.<ref name=":1" /> The Group was awarded the national export trophy in 2010 by Prime Minister Sheikh Hasina.<ref>{{Cite web |title=Prime Minister Sheikh Hasina presents the national export trophy to KDS Group Chairman Khalilur Rahman at Osmani Memorial Auditorium in Dhaka yesterday |url=https://archive.thedailystar.net/newDesign/print_news.php?nid=129691 |access-date=2023-01-25 |website=archive.thedailystar.net}}</ref> |
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KDS Accessories established a new factory in [[Gazipur District]] in September 2016.<ref>{{Cite web |date=2016-09-28 |title=KDS Accessories eyes Tk 100cr from new unit |url=https://www.thedailystar.net/business/kds-accessories-eyes-tk-100cr-new-unit-1290646 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> |
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In February 2017, Khalilur Rahman, chairman of KDS Group, was elected chairman of AIBL Capital Market Services Limited, a subsidiary of Al-Arafah Islami Bank.<ref>{{Cite web |date=2017-02-28 |title=Khalilur Rahman elected chairman of AIBL Capital Market |url=https://www.thedailystar.net/business/khalilur-rahman-elected-chairman-aibl-capital-market-1368541 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> It announced plans to invest 10 million USD in the [[Bangabandhu Hi-Tech City]].<ref>{{Cite web |date=2018-09-26 |title=Nine firms get land at Bangabandhu Hi-Tech City |url=https://www.thedailystar.net/business/news/nine-firms-get-land-bangabandhu-hi-tech-city-1638631 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> |
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The [[Department of Environment (Bangladesh)|Department of Environment]] implicated KDS Textile Mills Limited of polluting [[Halda River]] in a report of the agency.<ref>{{Cite web |last=Yousuf |first=Mostafa |date=2019-03-22 |title=Big industries killing Halda |url=https://www.thedailystar.net/frontpage/industrial-pollution-killing-halda-river-in-bangladesh-1718734 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> In November 2019, KDS Accessories approved 15 per cent dividend for stock holders.<ref>{{Cite web |author=Staff Correspondent |last2=Ctg |date=2019-11-08 |title=KDS Accessories approves 15pc dividends |url=https://www.thedailystar.net/business/news/kds-accessories-approves-15pc-dividends-1824547 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> |
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In August, the managing director of the group, Salim Rahman, was made the chairman of Al-Arafah Islami Bank.<ref>{{Cite web |date=2021-08-11 |title=Al-Arafah bank gets new chairman, vice-chairman |url=https://www.thedailystar.net/business/economy/banks/news/al-arafah-bank-gets-new-chairman-vice-chairman-2149491 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> |
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KDS Accessories Limited profit increased 6 per cent in 2022 from 2021.<ref>{{Cite web |date=2022-10-04 |title=KDS Accessories' profit up 6pc |url=https://www.thedailystar.net/business/economy/news/kds-accessories-profit-6pc-3134411 |access-date=2023-01-25 |website=The Daily Star |language=en}}</ref> The rising cost of raw materials had reduced the bottom line for the company.<ref>{{Cite web |date=2022-10-02 |title=Raw material price hike eats into KDS Accessories profits |url=https://www.tbsnews.net/economy/stocks/raw-material-price-hike-eats-kds-accessories-profits-507370 |access-date=2023-01-25 |website=The Business Standard |language=en}}</ref> |
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== Businesses == |
== Businesses == |
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* KDS Textiles<ref name=":0" /> |
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* Apparel |
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* KDS Garment Industries Limited<ref name=":0" /> |
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* Textiles |
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* KDS Hi-Tec Garments BD Limited<ref name=":0" /> |
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* Apparel Trims & Packaging |
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* KDS Apparels Limited<ref name=":0" /> |
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* Steel |
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* KDS Fashion Limited<ref name=":0" /> |
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* Information & Communication Technologies |
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* HN Garments Limited<ref name=":0" /> |
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* IT Training Services |
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* KDS Accessories<ref name=":0" /> |
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* Banking |
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* KYCR Coil Industries Limited<ref name=":0" /> |
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* Insurance |
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* KDS Steel<ref name=":0" /> |
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* Investment Management |
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* KY Steel Mills Limited<ref name=":0" /> |
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* Shares and securities trading |
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* Logistics |
* KDS Logistics<ref name=":0" /> |
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* KDS Properties Limited<ref name=":0" /> |
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* Inland Container Depot |
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* [[National Bank Limited]] (founding shareholder)<ref name=":0" /> |
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* Real Estate Development |
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* [[Al-Arafah Islami Bank Limited]] (founding shareholder)<ref name=":0" /> |
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* Other trading operations |
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* Northern insurance Limited<ref name=":0" /> |
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* [[Pragati Insurance Limited]]<ref name=":0" /> |
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* Skys Securities Limited<ref name=":0" /> |
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==References== |
==References== |
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{{Reflist}} |
{{Reflist}} |
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⚫ | |||
[[Category:Conglomerate companies of Bangladesh]] |
[[Category:Conglomerate companies of Bangladesh]] |
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[[Category: |
[[Category:Manufacturing companies based in Chittagong]] |
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[[Category:Manufacturing companies established in 1983]] |
[[Category:Manufacturing companies established in 1983]] |
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⚫ |
Latest revision as of 14:43, 9 June 2024
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Company type | Private company |
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Industrie | Conglomerate |
Gegründet | 1983 |
Gründer | Khalilur Rahman |
Hauptsitz | 255 Nasirabad I/A Baizid Bostami Road, , Bangladesch |
Key people | Khalilur Rahman (Chairman) |
Produkte | Garments, textile, trims and packaging, steel, logistic and shipping |
Revenue | ![]() |
Number of employees | 25000 |
Website | http://www.kdsgroup.net/ |
KDS Group is a business and industrial conglomerates of Bangladesh, which is based in Chittagong[1] but with extensive operations in Dhaka as well.[2] It has also established offices and agencies in India, Hong Kong and is currently expanding into Europe and North America.[3]
History
[edit]The group was founded in 1983, through the establishment of one of the first garments industries of Bangladesh.[4] The founder of the group was Khalilur Rahman.[4]
KDS Textiles was established in 2000.[4] The same year, KDS Steel established KYCR Coil Industries Limited.[4] In 2001, the Cold Rolling Mills Complex was established by KDS group.[5]
In March 2009, KDS Logistics began operations of its Inland Container Depot near Chittagong Port.[6] The group had invested three billion BDT to establish the depot.[6] The Group was awarded the national export trophy in 2010 by Prime Minister Sheikh Hasina.[7]
KDS Accessories established a new factory in Gazipur District in September 2016.[8]
In February 2017, Khalilur Rahman, chairman of KDS Group, was elected chairman of AIBL Capital Market Services Limited, a subsidiary of Al-Arafah Islami Bank.[9] It announced plans to invest 10 million USD in the Bangabandhu Hi-Tech City.[10]
The Department of Environment implicated KDS Textile Mills Limited of polluting Halda River in a report of the agency.[11] In November 2019, KDS Accessories approved 15 per cent dividend for stock holders.[12]
In August, the managing director of the group, Salim Rahman, was made the chairman of Al-Arafah Islami Bank.[13]
KDS Accessories Limited profit increased 6 per cent in 2022 from 2021.[14] The rising cost of raw materials had reduced the bottom line for the company.[15]
Businesses
[edit]- KDS Textiles[4]
- KDS Garment Industries Limited[4]
- KDS Hi-Tec Garments BD Limited[4]
- KDS Apparels Limited[4]
- KDS Fashion Limited[4]
- HN Garments Limited[4]
- KDS Accessories[4]
- KYCR Coil Industries Limited[4]
- KDS Steel[4]
- KY Steel Mills Limited[4]
- KDS Logistics[4]
- KDS Properties Limited[4]
- National Bank Limited (founding shareholder)[4]
- Al-Arafah Islami Bank Limited (founding shareholder)[4]
- Northern insurance Limited[4]
- Pragati Insurance Limited[4]
- Skys Securities Limited[4]
References
[edit]- ^ Khan, Jasim Uddin (6 March 2008). "New pvt inland container depots in Chittagong". The Daily Star. Retrieved 25 January 2023.
- ^ "Tk 300cr logistics yard set for launch". The Daily Star. 16 March 2009. Retrieved 26 August 2018.
- ^ "KDS group to set up Tk 1400cr HR coil, sugar refinery plants". New Age. Dhaka. Archived from the original on 22 December 2005.
- ^ a b c d e f g h i j k l m n o p q r s t u "KDS". www.kdsgroup.net. Retrieved 25 January 2023.
- ^ "Corrugated sheets shine". archive.thedailystar.net. Retrieved 25 January 2023.
- ^ a b "Tk 300cr private ICD starts operation in Chittagong today". The Daily Star. 21 March 2009. Retrieved 25 January 2023.
- ^ "Prime Minister Sheikh Hasina presents the national export trophy to KDS Group Chairman Khalilur Rahman at Osmani Memorial Auditorium in Dhaka yesterday". archive.thedailystar.net. Retrieved 25 January 2023.
- ^ "KDS Accessories eyes Tk 100cr from new unit". The Daily Star. 28 September 2016. Retrieved 25 January 2023.
- ^ "Khalilur Rahman elected chairman of AIBL Capital Market". The Daily Star. 28 February 2017. Retrieved 25 January 2023.
- ^ "Nine firms get land at Bangabandhu Hi-Tech City". The Daily Star. 26 September 2018. Retrieved 25 January 2023.
- ^ Yousuf, Mostafa (22 March 2019). "Big industries killing Halda". The Daily Star. Retrieved 25 January 2023.
- ^ Staff Correspondent; Ctg (8 November 2019). "KDS Accessories approves 15pc dividends". The Daily Star. Retrieved 25 January 2023.
{{cite web}}
:|author=
has generic name (help) - ^ "Al-Arafah bank gets new chairman, vice-chairman". The Daily Star. 11 August 2021. Retrieved 25 January 2023.
- ^ "KDS Accessories' profit up 6pc". The Daily Star. 4 October 2022. Retrieved 25 January 2023.
- ^ "Raw material price hike eats into KDS Accessories profits". The Business Standard. 2 October 2022. Retrieved 25 January 2023.