Kallol Group of Companies
Founded1972
FounderGhulam Mostafa
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
Websitekallolgroup.com

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]

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 its 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.[7] The joint venture is owned 75 percent by Jyothy Laboratories of India and the remaining 25 percent are held by Kallol Group.[13] 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.[7]

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.[14]

Businesses

  • Fay Tissue[5]
  • Kallol Chemicals Limited (Jet detergent)[9]
  • Kallol Thai President Foods (MAMA noodles)[7]
  • Jyothy Kallol Bangladesh Ltd[7]
  • Nutri-C[7]
  • Time Zone[7]- major importer of watches, including Swiss watches, in Bangladesh.[15][16]
  • Kallol Distributions Limited[10]

References

  1. ↑ "Titan top boss in town". The Daily Star. 2014-11-19. Retrieved 2022-04-27.
  2. ↑ "Kallol Group of Companies". The Daily Observer. 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. 1 2 3 4 "About". Kallol Group of Companies. Retrieved 27 April 2022.
  6. ↑ Akter, Sayeda (2008-08-22). "A major player in lifestyle". The Daily Star. Retrieved 2022-04-27.
  7. 1 2 3 4 5 6 7 "Joint Venture". Kallol Group of Companies. Retrieved 2022-04-27.
  8. ↑ "Kallol Group becomes GP's corporate client". The Daily Star. Retrieved 2022-04-27.
  9. 1 2 "Manufacturing". Kallol Group of Companies. Retrieved 2022-04-27.
  10. 1 2 "Kallol to market Nestle Asean (Malaysia) products". The Daily Star. Retrieved 2022-04-27.
  11. ↑ "Exclusive showroom for Titan watch opens". The Daily Star. Retrieved 2022-04-27.
  12. ↑ "Time Zone Online Watches Shop in Bangladesh". TIME ZONE (in Spanish). Retrieved 2022-04-27.
  13. ↑ Saha, Suman (2013-01-20). "India's Ujala maker sets up factory in Tongi". The Daily Star. Retrieved 2022-04-27.
  14. ↑ "Theft at Kallol Group in city". The Daily Star. 2011-08-07. Retrieved 2022-04-27.
  15. ↑ Akter, Sayeda (2008-10-29). "Timepieces stand test of time". The Daily Star. Retrieved 2022-04-27.
  16. ↑ "Kallol Group opens showroom for Swiss brand watches". The Daily Star. Retrieved 2022-04-27.


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