Rahimafrooz

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Rahimafrooz (Bangladesh) Ltd.
TypePrivate
Founded15 April 1954; 67 years ago (1954-04-15) in East Bengal, Dominion of Pakistan
FounderA. C. Abdur Rahim
Headquarters
Dhaka
,
Bangladesh
ProductsBattery
Tyre
Lubricant
Solar panel
Generator
IPS

ISP
Websitewww.rahimafrooz.com

Rahimafrooz (Bangladesh) Ltd., founded in 1954 by A. C. Abdur Rahim as a trading company in Chittagong, is one of the largest business groups in Bangladesh.[1][2] It consists of eight strategic business units and several other affiliations. The group's chairman is and the managing director are , Niaz Rahim, Mohammed Ismail, Munawar Misbah Moin and Mudassir Moin.[1][3] In 2012 it received permission from the government of Bangladesh to open a manufacturing unit in India.[4]

Rahimafrooz operates in three broad domains: automotive after market, power and energy, and retail chain. It sells tyres, batteries,[5] lubricants, emergency power products, diesel as well as gas generators, lighting products, electrical accessories, solar systems,[6] energy systems using compressed natural gas, and power rectifiers. The Group also runs 'Agora' the first retail chain in Bangladesh.[7] Rural Services Foundation is the charity branch of the group.[8]

History[]

A. C. Abdur Rahim was born on 20 January 1915.[9] After being orphaned at age seven, he was raised by an uncle, who employed him in his department store. Rahim partnered in a small tailoring and textile business in Calcutta, then in the early 1940s began trading independently on a modest scale. He married in 1945, and two years later, after the partition of India, moved his family to Chittagong, East Bengal. In 1950, he formed a small trading company with capital of 200,000 Pakistani rupees ($42,000 as of 1950).[10]

On 15 April 1954, he incorporated the business as Rahimafrooz & Co, named after his eldest son, Afrooz Rahim.[10] Initially, it focused on garment retailing.[11]

References[]

  1. ^ a b "Niaz Rahim: A Story of Principle before Profit". The Daily Star. 2016-07-01. Retrieved 2017-05-15.
  2. ^ "Private climate investment". The News. Retrieved 2017-05-15.
  3. ^ "Bangladesh needs agro-commodity value chain: analysts". The Daily Star. 2017-03-10. Retrieved 2017-05-15.
  4. ^ "Rahimafrooz gets nod to launch unit in India". The Daily Star. 2012-01-11. Retrieved 2017-05-15.
  5. ^ "Rahimafrooz, Japanese firm launch 'easy bike' batteries". The Daily Star. 2016-07-17. Retrieved 2017-05-15.
  6. ^ "Rahimafrooz to produce solar power for national grid". The Daily Star. 2014-02-05. Retrieved 2017-05-15.
  7. ^ "RAB mobile court fines 'Agora', 'Shwapno' Tk 500,000". bdnews24.com. Retrieved 2017-05-15.
  8. ^ "Turmoil takes steam off solar power project". The Daily Star. 2015-02-11. Retrieved 2017-05-15.
  9. ^ "About Us". Rahimafrooz.
  10. ^ a b Nahid, Farzana (2017). Entrepreneurial Capacity and State Incapacity: Family Firms in Bangladesh (PDF) (PhD). University of Malaya. pp. 233–234. Retrieved 2021-03-13.
  11. ^ "Family businesses thrive on values, innovation". The Daily Star. 1 February 2019.
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