JAMUNA GROUP

Jamuna group is one of the largest private industrial in Bangladesh.Jamuna was

established in the 1970s by nurul islam babul an architect and was the first chairman of the
group.He heralded the Jamunas appearance in the arena of private industrial sector in 1974 with
the mission and vision of building newly independent Bangladesh as a happy and prosperous
country. Jamuna started its journey with the Jamuna Electric Manufacturing Co. Ltd in 1974 and
it pioneered the manufacturing electrical accessories and fittings in Bangladesh since 1975.To
maintain its competitiveness in todays globalized modern market, Jamuna introduced the best
technology along with machinery and expertise in Bangladesh. Jamuna developed and expanded
its enterprises of multi-dimension for diversifying its product range. In course of 34 years of
operation Jamuna Group expanded into a giant dynasty of 24 large scale enterprises.Jamuna has
a strong goodwill for its products and operation in both local and global market. It is imperative
to point out that Jamuna has built up a new World of textile with the best technology and
machinery imported from Germany, Switzerland, USA, Japan, India, Italy etc. for producing the
best quality products for the global market.Jumana groups growth history are given below:

Mr.M.Nurul Islam, the architect of the Group, took up the challenge of bringing
necessary technologies to Bangladeshi companies aiming to offset the bulk of foreign
imports. His bold entrepreneurial spirit, progressive ideas and untiring efforts along with the
devoted services of his colleagues, laid the strong foundation for success and future
developments.
1975 : The first flagship enterprise of the Group, Jamuna Electric Manufacturing Co. Ltd. started
operation. It pioneered the manufacturing of electrical accessories and fittings in Bangladesh. It
is also producing PVC-compound and pipes.
1978 : Jamuna Electric & Engineering Industries Ltd. was established to produce ceiling fans,
exhaust fans and ballasts.
1980 : Jamuna stepped into domestic production of high and low voltage cabbies and conductors
though the inception of Jamuna Cables & rubber Industries.
1982 : Jamuna Wires was established to produce super enameled copper wires.
1988 : Jamuna Distillery Ltd. was launched for preparation of industrial and pharma alcohol,
thereby making the Groups entry into the chemical sector of the country. Presently, Jamuna
Distillery Ltd. claims wide expertise in the chemical sector.
1992 : The Group entered into the footwear industry with Pegasus Shoes Ltd. Product line of the
company includes leather shoes, sports shoes, sandals and sneakers. With a view to provide
boost to the local shoe industry and meet external demand of leather, Pegasus Leather Processing
Unit was set up for producing finished leathers from natural crust leathers.
Jamuna Knitting & Dyeing Ltd. made its entry into the textiles sector as a Composite Unit with
knit fabrics, dyeing, finishing, printing and ready made garments.
Jamuna Welding Electrode Ltd. started production of are welding electrodes.
Rubicon Advertising was launched for nationwide advertising in different media to support its
own brands and to service outside organizations as well.
1993 : The Group started its most ambitious venture in the cosmetics industry with Aromatic
Cosmetics Ltd. which produces cosmetics and toiletries under the `Aromatic brand name.
1996 : Establishment of Shameem Spinning Mills Ltd. for production of knit yarn opened a new
frontier in the textile technology for the Group.
1997 : Pegasus Leathers Ltd. was set up for production of PVC and PU coated synthetic leather.
1998 : Shameem composite Mills Ltd. came into being to produce ring spun yarn.
1999 : Jamuna Printing & Publishing Ltd. made its entry into publication sector by publishing
The Daily Jugantor in 2000The Groups housing venture started with Jamuna Builders Ltd. which
has already given shape to the project of building Asias biggest shopping and commercial
complex-Jamuna Future Park, developing a large residential township-New Uttara Model Town,
and a mega real estate venture-Jamuna City.
2000 : Production of open-end yarn started through the establishment of Shameem Rotor
Spinning Ltd.
2002 : Jamuna Media Ltd. was set up and entrusted with the sales and distribution of The Daily
Jugantor. The newspaper having thus emerged, soon managed to attract wide readership
throughout the country. It is printed and published by Jamuna Printing & Publishing Ltd.Jamuna
Spinning Mills Ltd. was established to produce ring spun yarn.Shameem Garments Ltd. was set
up for production of export oriented ready made garments.Jamuna Television Ltd. was formed to
operate a terrestrial and satellite TV channel.
2004 : Crown Beverage Ltd. was set up for production of non-alcoholic malt beverage and
drinks.
2005 : Jamuna Denims Ltd. (Weaving Unit)came into being as a Composite Unit for production
of open-end yarn, denim fabrics and ready made garments.
2006 : Jamuna Denims Ltd. (Garments Unit) came into being as a Garments Unit for production
of ready made garments.
Jumuna group have different type of suvsidiaries like textile, media ,
electronics,amusement park and markets,chiemicals,leathers,engineering,beverage,builders etc.
Best recipient of National and International awards like Shameem Composite Mills
Limited received National Export Trophy, Gold award in 2000-2001.
Shameem Spinning Mills Limited received National Export Trophy, Silver award in 1998-1999.
Jamuna Knitting & Dyeing Limited received National Export Trophy, Bronze award in 1998-
1999.Jamuna Builders Limited wins Better Building better Winning Competition 2002 of Scan
Cement (Heidelberg Cement Group).
Jamuna Knitting & Dyeing Limited got an award from Miles Handle Sgesellschaft International
MBH & Co., Germany.
Jamuna groups view business as a means to the material and social well being of the
investors, employees at large leading to accretion of wealth through financial and moral gains as
a part of the process of development of civilization.
Jamuna mission is to produce and provide quality services and un innovative products for
people, maintain ethical slandered in business operation, also ensuring benefit to the stakeholders
and peoples of Bangladesh.
The National Board of Revenue will collect about Tk700 crore from Jamuna
Group for tax evasion.Jamuna's Aromatic Cosmetics evaded VAT and supplementary tax
between 1996 and 2000. The Dhaka North VAT Commissionerate initially claimed
Tk174.49 crore in two cases from the company but it procrastinated.The NBR could not
collect the VAT after the company moved the High Court in 2003, but both of its writ
petitions were later scrapped.In 2005, Jamuna Group filed a leave-to-appeal against the
HC order, further delaying the VAT collection.A full bench of the Appellate Division on
March 16 this year issued a verdict in the government's favour after a final hearing,
clearing all legal hurdles.In a statement on Sunday, the NBR said the VAT Act imposes a
2% monthly interest on overdue VAT. As a result, Jamuna Group will have to pay nearly
Tk700 crore, including interest.