KDS Group is a business and industrial
conglomerates of
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...
, which is based in Chittagong but with extensive operations in Dhaka as well. It has also established offices and agencies in India, Hong Kong and is currently expanding into Europe and North America. It is one of the largest private sector employers in Bangladesh.
History
The group was founded in 1983, through the establishment of one of the first garments industries of Bangladesh.
The founder of the group was
Khalilur Rahman.
KDS Textiles was established in 2000.
The same year, KDS Steel established KYCR Coil Industries Limited.
In 2001, the Cold Rolling Mills Complex was established by KDS group.
In February 2008,
Rapid Action Battalion
Rapid Action Battalion or RAB, is an anti-crime and anti-terrorism unit of the Bangladesh Police. This elite force consists of members of the Bangladesh Army, Bangladesh Police, Bangladesh Navy, Bangladesh Air Force, Border Guard Bangladesh, Ba ...
recovered Voice over Internet Protocol equipment, illegal in Bangladesh, after raiding an apartment complex in Sugandha Residential Area owned by the chairman of the group, Khalilur Rahman, who denied any involvement.
In March 2009, KDS Logistics began operations of its Inland Container Depot near
Chittagong Port
The Chittagong Port ( bn, চট্টগ্রাম বন্দর) is the main seaport of Bangladesh. Located in Bangladesh's port city of Chittagong and on the banks of the Karnaphuli River, the port handles over 90 percent of Bangladesh' ...
.
The group had invested three billion BDT to establish the depot.
The Group was awarded the national export trophy in 2010 by Prime Minister Sheikh Hasina.
KDS Accessories established a new factory in
Gazipur District
Gazipur ( bn, গাজীপুর) is a district in central Bangladesh, part of the Dhaka Division. It has an area of 1741.53 km2. It is the home district of Tajuddin Ahmad, the first Prime Minister of Bangladesh and has been a prominent c ...
in September 2016.
In February 2017, Khalilur Rahman, chairman of KDS Group, was elected chairman of AIBL Capital Market Services Limited, a subsidiary of Al-Arafah Islami Bank. It announced plans to invest 10 million USD in the
Bangabandhu Hi-Tech City
Bangabandhu Hi-Tech City (BHTC) is a business park in Kaliakair, Gazipur District, Bangladesh. Originally called Kaliakoir Hi-Tech Park, after the municipality in which it is located, it was renamed in June 2016 to honor ''Bangabandhu'' (Father o ...
.
The
Department of Environment
An environmental ministry is a national or subnational government agency politically responsible for the environment and/or natural resources. Various other names are commonly used to identify such agencies, such as Ministry of the Environment, ...
implicated KDS Textile Mills Limited of polluting
Halda River
Halda River is a river in south-eastern Bangladesh. It originates at the Badnatali Hill Ranges in Ramgarh Upazila in the Chittagong Hill Tracts, flows through Fatikchhari Upazila, Bhujpur Thana, Hathazari Upazila, Raozan Upazila and Chandgaon Than ...
in a report of the agency. In November 2019, KDS Accessories approved 15 per cent dividend for stock holders.
In January 2021, Munir Hussain Khan, former director of KYCR Coil Industries and KY Steel, accused KDS Group of harassing him through filing 28 cases against him and his family members.
Khan had joined the group in 2007 and left in 2018 following an argument over management of the company.
He later joined Apollo Steel after which KDS Group filled cases against him accusing him of embezzling six billion BDT and stealing a car from the company.
In August, the managing director of the group, Salim Rahman, was made the chairman of Al-Arafah Islami Bank.
KDS Accessories Limited profit increased 6 per cent in 2022 from 2021. The rising cost of raw materials had reduced the bottom line for the company.
Businesses
* KDS Textiles
* KDS Garment Industries Limited
* KDS Hi-Tec Garments BD Limited
* KDS Apparels Limited
* KDS Fashion Limited
* HN Garments Limited
* KDS Accessories
* KYCR Coil Industries Limited
* KDS Steel
* KY Steel Mills Limited
* KDS Logistics
* KDS Properties Limited
*
National Bank Limited
The National Bank Limited ( bn, ন্যাশনাল ব্যাংক লিমিটেড) is a private limited bank in Bangladesh. Md Mehmood Husain is the Managing Director and Chief Executive Officer of the bank.
Currently NBL has ca ...
(founding shareholder)
*
Al-Arafah Islami Bank Limited
Al-Arafah Islami Bank Limited ( bn, আল-আরাফাহ ইসলামী ব্যাংক লিমিটেড) is an Islamic bank in Bangladesh. The Bank is controlled by S. Alam Group of Industries.
History
Al-Arafah Islami Bank Li ...
(founding shareholder)
* Northern insurance Limited
*
Pragati Insurance Limited
* Skys Securities Limited
References
{{Reflist
Conglomerate companies of Bangladesh
Manufacturing companies based in Chittagong
Manufacturing companies established in 1983
1983 establishments in Bangladesh