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MGI Celebrates 50 Years of Progress and Impact

MGI Celebrates 50 Years of Progress and Impact_web_update
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Meghna Group of Industries (MGI) marks a historic milestone—50 years of dedication, growth, and contribution to Bangladesh’s development. Starting in 1976 as Kamal Trading Company, MGI has grown into one of the largest conglomerates in the country, operating 54 industrial units and employing over 50,000 people.

From a Modest Beginning to a National Icon:

MGI began its journey with a small trading company and evolved into Meghna Vegetable Oil Industries Ltd. in 1989. Over the years, it expanded into a diversified enterprise, now achieving an annual turnover of $3.0 billion. With trusted brands like “Fresh,” “No.1,” “Actifit,” “Pure,” and “Meghnacem Deluxe,” MGI products are now found in one out of every two Bangladeshi households.

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Driving Innovation and Development:

MGI has been at the forefront of industrial development in Bangladesh. It established the country’s first private economic zone, the Meghna Economic Zone, followed by the Meghna Industrial Economic Zone and the Cumilla Economic Zone. A historic $451 million investment in 2020 led to the creation of nine new industrial units, further boosting the nation’s economy.

A Visionary Legacy:

The success of MGI has been driven by the leadership of Mostafa Kamal. His vision and commitment have propelled the company to new heights while contributing significantly to healthcare, education, and social welfare in Bangladesh.

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Celebrating a Legacy of Service:

As MGI celebrates its 50th anniversary, it stands as a testament to the power of perseverance and innovation. The group remains committed to creating opportunities and enriching lives as it looks toward a brighter future.

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