Karnaphuli Group

Karnafuli Group is one of the largest Bangladeshi industrial conglomerates.[4][5] The industries under this conglomerate include port, shipping and logistics, media, health care, real estate, automobiles, finance, insurance etc.[6] The Managing Director of the group is Saber Hossain Chowdhury, an Awami League member of parliament and son of Hedayet Hossain Chowdhury[7] who is also a director of HRC Group, another Bangladeshi conglomerate.[8]

Karnaphuli Group
TypePrivate
IndustryConglomerate
Founded1954
FounderHedayat Hossain Chowdhury
Headquarters
Chittagong
,
Bangladesh
Key people
Hamdan Hossain Chowdhury (Group Director).[1]
ProductsDistribution, manufacturing, media, retail, shipping, telecommunications[2]
RevenueUSD 270 million[3]
Number of employees
3238[3] (2022)
Websitewww.karnaphuli.com

History

Karnafuli Group was established in 1954 by Hedayet Hossain Chowdhury.[9] The group is named after the Karnaphuli River.[9] Hedayet Hossain Chowdhury's grandson, Hamdan Hossain Chowdhury, is a director of the group.[10]

In 2014, the group signed an agreement to distribute and service Haojue motorcycles of China in Bangladesh.[11] Karnaphuli Group, Metro Group, and Partex Star Group (Partex Group) founded Sky Telecommunication which launched Zelta mobiles in 2015.[12]

Karnaphuli Group is the only Bangladeshi group involved container shipping and owns 65 vessels.[13] It operates Chittagong to Colombo and Chittagong to Singapore and Port Klang line.[14][15]

In 2016, the group's partner Hanjin Shipping Lines, a South Korean company, declared bankruptcy in Bangladesh.[16]

List of companies

Shipping and logistics

  • HR Lines Limited[17]
  • EasyFly Access Limited[10]
  • K&T Logistics Limited

Media

  • Bhorer Kagoj - Daily Bengali newspaper[18]
  • Diner Sheshey - evening Bengali newspaper[18]
  • The New Paper- English daily newspaper[18]
  • Desh TV- Bengali TV channel

Healthcare

Real estate

  • Karnaphuli Garden City[20]

Financials

  • Republic Insurance Company Limited (RICL)

Telecommunication

  • Voicetel

Trading

  • Karnaphuli Works Limited[21]

See also

References
  1. "Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director". The Daily Star. 2022-01-25. Retrieved 2020-02-06.
  2. "Areas of Activities". Karnaphuli.
  3. "Mission and Vision". Karnaphuli.
  4. "HR Lines to buy four new ships from Chinese builder". The Daily Star. 2021-11-12. Retrieved 2022-02-06.
  5. "New feeder vessels of Karnaphuli Group to cut transhipment time". The Business Standard. 2021-04-04. Retrieved 2022-02-07.
  6. "HR Lines to buy four new ships from Chinese builder". The Daily Star. 2021-11-12. Retrieved 2022-02-06.
  7. "Management-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  8. "Saber Hossain's father passes away". Risingbd.com. Retrieved 2022-02-07.
  9. "About-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  10. "Karnaphuli Group's shipping business flourishes even in third generation". The Business Standard. 2020-11-01. Retrieved 2022-02-07.
  11. "New bikes on the road". The Daily Star. 2014-07-08. Retrieved 2022-02-07.
  12. "Zelta mobiles hit market". The Daily Star. 2015-09-21. Retrieved 2022-05-15.
  13. Barua, Dwaipayan (2021-03-17). "Karnaphuli to expand fleet of container vessels". The Daily Star. Retrieved 2022-02-07.
  14. Barua, Dwaipayan (2021-11-12). "HR Lines to buy four new ships from Chinese builder". The Daily Star. Retrieved 2022-02-07.
  15. "Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director". The Business Standard. 2022-01-25. Retrieved 2022-02-07.
  16. Barua, Dwaipayan (2018-02-07). "CPA selling off Hanjin's containers 'for arrears'". The Daily Star. Retrieved 2022-02-07.
  17. "HR lines | HR lines limited". hrlinesbd.com. Retrieved 2022-02-07.
  18. "Media and Publishing-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  19. "Health Care-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  20. "Real Estate-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  21. Islam, Shariful; Alam, Helemul (2012-05-18). "Taxi relief on Dhaka roads not in sight". The Daily Star. Retrieved 2022-02-07.
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