Kallol Group of Companies

Kallol Group of Companies (Bengali: কল্লোল গ্রুপ অফ কোম্পানিজ) is a Bangladeshi diversified conglomerate based in Dhaka. Ghulam Mostafa is the managing director of Kallol Group.[1][2] Kallol Group is a major importer of wristwatches in Bangladesh through its subsidiary Time Zone.[3] It was the first importer of tissue in Bangladesh.[4]

Kallol Group of Companies
Formation1972
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
Websitekallolgroup.com

History

Kallol Group of Companies was established in 1972.[5]

Kallol Group of Companies signed a licensee agreement with the United Kingdom-based Fay International Limited to produce Fay branded tissues in Bangladesh.[5] Kallol Group started importing Fay tissue and distributing them in Bangladesh in 1987, the first to sell tissue in the country.[6]

Kallol Group became the distributor of Nutri-C in Bangladesh in 1999.[7]

On 23 February 2004, Kallol Group became a corporate client of Grameenphone.[8]

In 2006, Kallol Group bought local detergent brand Jet and Kohinoor Detergent factory.[5][9] The group signed an agreement with Nestle Malaysia through Kallol Distributions Limited to distribute it's products in Bangladesh.[10] In 2007, the Group became a franchisee of World of Titan.[11] The Time Zone stores have 52 locations in Bangladesh.[12]

On 17 May 2010, Kallol Group signed an agreement with Jyothy Laboratories of India to create Jyothy Kallol Bangladesh Limited to produce Ujala fabric whitener.[13] The joint venture is owned 75 percent by Jyothy Laboratories of India and the remaining 25 percent are held by Kallol Group.[14] On 18 August 2006, Kallol Group signed an agreement with Thai President Foods to create a joint venture company called Kallol Thai President Foods to produce MAMA noodles.[15]

In August 2011, the office of Kallol Group in Tejgaon was robbed of 1.9 million taka in cash and 2.6 million taka worth of watches.[16]

Businesses

  • Fay Tissue[5]
  • Kallol Chemicals Limited (Jet detergent)[9]
  • Kallol Thai President Foods (MAMA noodles)[15]
  • Jyothy Kallol Bangladesh Ltd[13]
  • Nutri-C[7]
  • Time Zone[17]- major importer of watches, including Swiss watches, in Bangladesh.[18][19]
  • Kallol Distributions Limited[10]

References

  1. Desk, Star Business (2014-11-19). "Titan top boss in town". The Daily Star. Retrieved 2022-04-27.
  2. "Kallol Group of Companies". www.observerbd.com. Retrieved 2022-04-27.
  3. "Multifunctional wristwatch market growing". The Business Standard. 2020-12-26. Retrieved 2022-04-27.
  4. "Tissue, hygiene products sales jump amid pandemic". The Business Standard. 2021-03-01. Retrieved 2022-04-27.
  5. "Home". kallolgroup.com. Kallol Group of Company. Retrieved 27 April 2022.
  6. Akter, Sayeda (2008-08-22). "A major player in lifestyle". The Daily Star. Retrieved 2022-04-27.
  7. "Home | Kallol Group of Company". kallolgroup.com. Retrieved 2022-04-27.
  8. "The Daily Star Web Edition Vol. 4 Num 269". archive.thedailystar.net. Retrieved 2022-04-27.
  9. "Home | Kallol Group of Company". kallolgroup.com. Retrieved 2022-04-27.
  10. "The Daily Star Web Edition Vol. 5 Num 772". archive.thedailystar.net. Retrieved 2022-04-27.
  11. "The Daily Star Web Edition Vol. 5 Num 1080". archive.thedailystar.net. Retrieved 2022-04-27.
  12. ZONE, TIME. "Time Zone Online Watches Shop in Bangladesh | Authenting Watches For Men, Wemen & Kid | Order Now from Timezonebd.com". TIME ZONE (in Spanish). Retrieved 2022-04-27.
  13. "Home | Kallol Group of Company". kallolgroup.com. Retrieved 2022-04-27.
  14. Saha, Suman (2013-01-20). "India's Ujala maker sets up factory in Tongi". The Daily Star. Retrieved 2022-04-27.
  15. "Home | Kallol Group of Company". kallolgroup.com. Retrieved 2022-04-27.
  16. Correspondent, Staff (2011-08-07). "Theft at Kallol Group in city". The Daily Star. Retrieved 2022-04-27.
  17. "Home | Kallol Group of Company". kallolgroup.com. Retrieved 2022-04-27.
  18. Akter, Sayeda (2008-10-29). "Timepieces stand test of time". The Daily Star. Retrieved 2022-04-27.
  19. "The Daily Star Web Edition Vol. 5 Num 703". archive.thedailystar.net. Retrieved 2022-04-27.
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