Top 10 Companies in Bangladesh | Top Companies | Business Haunt (2023)

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Considering the top 10 companies in Bangladesh, Grameenphone will be the number one covering 99% of Bangladesh’s Population. It is a leading provider of telecommunications services in Bangladesh. Licensing granted by the Bangladesh Telecommunication Regulatory Commission (BTRC), Grameenphone operates digital mobile telecommunications with a high-speed 3G network that is based on the GSM standard in the 900 MHz, 1800 MHz, and 2100 Mhz frequency bands in Bangladesh. On 19 February 2018, Grameenphone Bangladesh was awarded a license for 4G/LTE cellular mobile phone services.

Grameenphone Ltd. has so far invested more than BDT 313 billion to build the network infrastructure all over Bangladesh which helps it to become the number one telecommunication company in Bangladesh. While writing about these top 10 companies lists we have amazed by figuring out that it is one of the largest taxpayers company in Bangladesh which has contributed more than BDT 585 billion in direct and indirect taxes to the Government of Bangladesh Exchequer since its inception.

2. Walton Bangladesh | 363.91 Billion (7.77%)

Walton is the most successful Bangladeshi multinational electrical, electronics, automobiles, and other home appliances company in Bangladesh. Recently it has been featured on National Geographic Superfactories. In ranking top 10 companies in Bangladesh, Walton Bangladesh is positioned 2nd and has one of the largest well-equipped R & I facilities in the world which carried out its production. It has different subsidiaries under the banner of Walton group headquarters in Bangladesh too. Walton Bangladesh Exports 67% of the total electronic goods worldwide.

Walton has a workforce of more than 30000+ in total 22 production bases under 700+ acres of factory area. Amazingly, The capacity of the yearly production of Walton Bangladesh is more than 10 million units based on the current market demands. Walton has become in giant professional manufacturer in Bangladesh in the relevant industry and has gained a high reputation in terms of its unbeatable capability for producing Electrical and Electronics goods; most competitively in aspects of quality, cost, design, and innovation in Bangladesh.

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British America TobaccoBATproduces high-quality international cigarettes in Bangladesh. It is a part of British American Tobacco plc. and established asPakistan Tobacco Companyin1949and becomeBangladesh Tobacco Company Limited in 1972 aligning with British American Tobacco Group Bangladesh Tobacco Company changed its identity to British American Tobacco Bangladesh. At the beginning of the journey as Imperial Tobacco 110 years ago, the British American Tobacco Bangladesh Company sets up its first sales depot at Armanitola in Dhaka.

The first factory in Bangladesh (the then East Pakistan) was set up in 1949 at Fauzdarhat in Chattogram and in 1965, the second factory of Pakistan Tobacco Company was set up in Mohakhali, Dhaka. BAT Bangladesh is the first company listed on both Dhaka & Chittagong Stock Exchanges. And it has claimed its position among the top 10 companies in terms of Market Capitalism in Bangladesh. Itscontribution to taxin Bangladesh was22630 BDT core in 2018-2019.

4. Robi Bangladesh | 241.46 Billion (5.15%)

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SQUARE Pharmaceuticals Limited is the largest pharmaceutical company in Bangladesh and it has been continuously in the 1st position among all national and multinational pharmaceutical companies since 1985. It was established in 1958, converted into a public limited company in 1991, and listed on stock exchanges in 1995. The turnover of Square Pharma was BDT 50.87 Billion (US$ 609.18 million) with about 16.95% market share having a growth rate of about 10.85% (July 2018– June 2019).

SQUARE Pharmaceuticals Limited has extended its range of services towards the highway of the global market. It is the only pharmaceutical company listed 5 in the top 10 companies of Bangladesh. It pioneered exports of medicines from Bangladesh in 1987 and has been exporting antibiotics and other pharmaceutical products. The present export market covers 42 countries. This extension in business and services has manifested the credibility of Square Pharmaceuticals Limited.

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Renata Limited (formerly Pfizer Limited) is one of the leading and fastest-growing pharmaceutical and animal health product companies in Bangladesh. The company started its operations in 1972 as Pfizer (Bangladesh) Limited. In 1993, Pfizer transferred the ownership of its Bangladesh operations to local shareholders and the name of the company was changed to Renata Limited. The core businesses of Renata Limited are human pharmaceuticals and animal health products. In Bangladesh, it is the 4th largest pharmaceutical company and the market leader in animal health products.

In addition, Renata products are exported to Afghanistan, Belize, Cambodia, Ethiopia, Guyana, Honduras, Hong Kong, Kenya, Malaysia, Myanmar, Nepal, Philippines, Sri Lanka, Thailand, the United Kingdom, and Vietnam. The Company is listed on the Dhaka Stock Exchange with a market capitalization of over USD 1 billion.

8. Beximco Pharma Bangladesh | 85.78 Billion (1.83%)

The Company’s manufacturing facilities have been accredited by the leading global regulatory authorities, and medicines manufactured by the Company are now being exported to more than 50 countries including the highly regulated markets of the USA, Europe, Canada, and Australia. Beximco has won the National Export (Gold) trophy 5 times. It remains the only Company in the country to win the highly prestigious SCRIP Award as the “Best Pharma Company in an Emerging Market” and also won CPhI Pharma Awards 2020 for “Innovation in Response to COVID-19.” It also has the unique distinction as the only Bangladeshi company listed on the AIM of the London Stock Exchange.

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Investment Corporation of Bangladesh(ICB) is a statutory corporation ofthe Government of the People’s Republic of Bangladesh, established on 1 October 1976 under No. 40 ofInvestment Corporation of Bangladesh Ordinance, 1976. This is the only government company that is listed in the top 10 companies in Bangladesh. It is mainly aninvestment bankoperating inBangladesh, established to accelerate the pace of industrialization and to develop a soundsecurities marketin Bangladesh. ICB is one of the largest investors in the share market of Bangladesh.

Investing in the share market, providing loans and advances, and acting as manager/trustee/custodian of mutual funds are some of the main activities of ICB. It’s the most successful state-owned corporation in Bangladesh in terms of profitability. Classification of shareholders, as of 30 June 2013, shows that the Government of the People’s Republic of Bangladesh holds 27% of the shares of ICBand it is enlisted inDhakaandChittagong stock exchanges.

In terms of Company and Group of Companies, these two words often confuse people used in common parlance. We have showcased here the top 10 companies in Bangladesh that have been renowned for their brands, products, and services. These companies have been registered on the Dhaka Stock Exchange and some of them are even registered in the foreign stock exchange markets too.