Meghna Group

Meghna Group
TypePrivate Company
Industry
  • Bicycles
  • Bicycle Components
  • Tires and Tubes
  • Packaging
  • RMG
  • RMG Accessories
  • Automotive
  • Retail
  • Tableware
  • Finance
  • Agro and Dairy
Founded1974
FounderAbdul Khalek Bhuiyan
HeadquartersDhaka, Bangladesh
Area served
  • Asia
  • Europe
  • North America
Key people
Brands
  • BMW Bangladesh
  • Everest
  • Ford Bangladesh
  • French Collection Melamine
  • Kia Bangladesh
  • Kohler Bangladesh
  • Meghna Car Manufacturing Limited
  • Mohammad and Sons
  • MTF
  • MeghnaTec
  • Prince Bicycles
  • Reflex Bicycles
  • Seventy One Bicycles
  • Veloce Bicycles
Revenue$450 million+
Number of employees
7,000+
Websitemeghna.com.bd

Meghna Group is a Bangladeshi conglomerate. It is present in automobile, light engineering, bicycle, tire, cement, packaging and textile industries. Meghna Group was established by Mizanur Rahman Bhuiyan. It is Bangladesh's largest bicycle manufacturer and exporter and the first local company to start exporting bicycles. Meghna Group is also into the manufacture and export of garments. Meghna Group is also a car distributor for BMW, KIA, and Ford in Bangladesh. Recently, the company has started car manufacturing under the name of Meghna Car Manufacturing Ltd.

Meghna Group has also invested in Prime Bank, a commercial bank in Bangladesh.

History

In January 2023, M&U Motors has launched Ford in Bangladesh as exclusive distributor of different models of Ford passenger and commercial vehicles. In June 2023, Executive Motors launches BMW 735i in Bangladesh. In 2024, Meghna Car Manufacturing started its operation by assembling KIA passenger cars in Bangladesh.

Bicycle

Meghna is the largest bicycle manufacturer and exporter in Bangladesh, followed by Alita Bangladesh and Pran-RFL respectively. It produced 900 thousand bicycles annually in 2023.

In 2024, a collaborative effort involving Meghna Group started producing carbon fiber component for bike parts.

List of companies

See also

References

  1. ↑ Chowdhury, Sarwar A. (April 2009). "Bangladesh Business Awards 2008". The Daily Star.
  2. ↑ "The story of Bangladesh becoming a major bicycle exporter". The Business Standard. 2022-05-14. Retrieved 2026-10-13.
  3. ↑ "Meghna Group". Retrieved 11 January 2017.
  4. ↑ "Finance". Meghna Corporation.
  5. ↑ "BMW 735i launched in Bangladesh". 19 June 2023.
  6. 1 2 "Bicycle makers face crisis as war, global economic slowdown hit export". The Business Standard. 2023-07-15. Retrieved 2026-10-13.
  7. ↑ "Bicycle". www.meghna.com.bd. Retrieved 2026-10-13.
  8. ↑ "Bangladesh enters high-value carbon fibre bike parts making". The Business Standard. 2024-03-30. Retrieved 2026-10-13.
  9. ↑ "About". KIA Bangladesh.
  10. ↑ "Parent Company". Veloce Bangladesh.
  11. ↑ "A Meghna Group Venture". Mohammad & Sons.
  12. ↑ "45 Years Experience in Manufacturing". Meghna Denims.