PRAN-RFL Group
| An image containing two logos - that of PRAN and RFL on the top and bottom, and in between them, the wordsPRAN-RFL GROUP are written in Arial in capital letters. Under this, the words Since 1981 are written in a slightly smaller size in italics. Logo of the PRAN-RFL Group, | |
| Type | Business enterprise |
|---|---|
| Inception | 1981 |
| Website | pranfoods www |
PRAN-RFL Group (Template:Lang-bn) is one of the largest conglomerates in Bangladesh.[2] It is the largest agribusiness in Bangladesh.[3]
History
PRAN (Programme for Rural Advancement Nationally)[4] was established in 1981 by retired Major General Amjad Khan Chowdhury and has become one of the largest food and beverage brands in Bangladesh.[5][6] PRAN pioneered agribusiness in Bangladesh by providing farmers with guaranteed prices.[7] PRAN Foods, a subsidiary of the PRAN-RFL Group,[8] produces a number of agricultural products under the PRAN banner. PRAN established a subsidiary company in UAE in 2003.[9] In 2008, the company announced plans to open a production facility in Tripura, India, after the Indian government lifted the ban on direct investment from Bangladesh in 2007.[2] The PRAN group's exports had reached 10 billion taka by 2016, with the biggest markets for the company in India, Saudi Arabia, the UAE, Malaysia, and Oman.[10] The same year the revenue for PRAN exceeded US$500 million.[11] PRAN started exporting potatoes in March 2016.[12] In April 2016, PRAN started to export cassava and the first shipment, worth US$3 million, was sent to New Zealand.[13] PRAN has 80 thousand direct employees and 200 thousand indirect employees.[14] PRAN exports to over 118 different countries.[15]
References
- ^ http://print.thefinancialexpress-bd.com/2014/03/12/22986
- ^ a b "Pran to build first foreign plant in India". The Daily Star. 24 January 2008. Retrieved 31 March 2017.
- ^ "Pran makes it big in dairy business". The Daily Star. 18 December 2011. Retrieved 31 March 2017.
- ^ IANS (4 June 2015). "First Bangladeshi food processing unit in India". Business Standard India. Retrieved 31 March 2017.
- ^ "Amjad Khan's death anniv observed". Prothom Alo. Archived from the original on 5 February 2017. Retrieved 31 March 2017.
- ^ Bilkis, Shahana (12 March 2014). "Bangladeshi agro-processed food has good prospect abroad". The Financial Express. Dhaka.
- ^ Sobhan, Rehman (4 October 2010). Challenging the Injustice of Poverty: Agendas for Inclusive Development in South Asia. SAGE Publications. p. 111. ISBN 9788132104681.
- ^ "GDCL to arrange Tk 1b fund for Pran thru Islamic Bond issue". The Daily Observer. Retrieved 31 March 2017.
- ^ Basit, Abdul. "Pran Foods expects 60% sales growth in 2014". Khaleej Times. Retrieved 31 March 2017.
- ^ "PRAN-RFL fetches over Tk 1,000cr from export". Daily Sun. Retrieved 31 March 2017.
- ^ Mitra, Sounak (10 February 2016). "If Shan doesn't get you, PRAN will". livemint.com/. Retrieved 1 April 2017.
- ^ "PRAN starts potato export". The Daily Star. 11 March 2016. Retrieved 31 March 2017.
- ^ "PRAN to export $3m of cassava to New Zealand". The Daily Star. 12 April 2016. Retrieved 31 March 2017.
- ^ "In memory of the man who built Pran". The Daily Star. 5 July 2016. Retrieved 31 March 2017.
- ^ "PRAN aims at poverty cut, employs over 10 lakh workers". Daily Sun. Retrieved 1 April 2017.
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