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Otobi

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This is an old revision of this page, as edited by Worldbruce (talk | contribs) at 18:13, 15 February 2021 (Broke up long paragraph. Added market share info. Neither of the cited sources supports "sales are primarily to India and Southeast Asian countries"). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

OTOBI.bd
Company typePrivate
Founded1975
HeadquartersDhaka
Key people
Nitun Kundu
ProductsFurniture
Websitewww.otobi.com

Otobi is a Bangladesh-based furniture manufacturer and retailer.[1][2] The company was established in 1975 by Nitun Kundu.[3][4] As of 2020, Otobi was tied with Navana and Nadia for second place among Bangladeshi furniture companies, with a 5 percent market share, behind Hatil, which has a 10 percent share.[5] Otobi also exports furniture.[6][failed verification][7]

In mid 2006, Sabbir Hasan Nasir joined the company as CEO.[8] Bidyut Kumar Basu was made the CEO of the company in 2015.[9] Mr. Sudipta Goswami took over as chief executive officer in 2018 and currently holds the position.[10][11]

Otobi is also the parent company of Quantum Power Systems Ltd.[12]

See also

References

  1. ^ "Otobi wood furniture hit market by Sept". The Daily Star. 6 July 2008. Retrieved 29 October 2016.
  2. ^ "Furniture and electronics vendors pin hopes on Eid". The Daily Star. 25 July 2013. Retrieved 29 October 2016.
  3. ^ "Power venture, factory fire weigh Otobi down". The Financial Express. Archived from the original on 30 October 2016. Retrieved 29 October 2016.
  4. ^ Rashid, Mamun (20 February 2011). "Bangladesh brands". The Daily Star. Retrieved 29 October 2016.
  5. ^ Noyon, Abbas Uddin (24 January 2020). "Future burns bright for furniture". The Business Standard.
  6. ^ Sohel Parvez (18 November 2009). "Otobi coming of age". The Daily Star. Retrieved 27 December 2012.
  7. ^ "Hatil expands into Toronto". The Daily Star. 15 May 2014. Retrieved 29 October 2016.
  8. ^ Ahmed, Sarwar (1 February 2009). "Art to business". The Daily Star. Dhaka. Retrieved 25 October 2019.
  9. ^ "New CEO for Otobi". The Daily Star. 17 November 2015. Retrieved 29 October 2016.
  10. ^ "OTOBI unveils new range of furniture". The Financial Express. Dhaka. Retrieved 10 March 2020.
  11. ^ "Corporate Corner". Daily Sun. Retrieved 10 March 2020.
  12. ^ "Quietly, Otobi dismantles its power plant". The Daily Star. 1 July 2016. Retrieved 29 October 2016.
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