M.M. Ispahani Limited ( bn, এম এম ইস্পাহানি লিমিটেড), also known as The Ispahani Group, is a Bangladeshi conglomerate headquartered in
Chittagong
Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in B ...
. Founded in 1820, it is the oldest company in Bangladesh and is owned by the
Ispahani family
The Ispahani family, also known as the House of Ispahani are a Persian people, Perso-Bengali people, Bengali family business, business family. In Bangladesh, they own and manage M. M. Ispahani Limited, one of the country's leading conglomerates an ...
. The group owns Bangladesh's leading tea company, as well as other major food brands in the country. It also has interests in
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
,
textiles
Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the ...
,
agriculture
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to ...
,
shipping
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting Commodity, commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it h ...
,
jute
Jute is a long, soft, shiny bast fiber that can be spun into coarse, strong threads. It is produced from flowering plants in the genus ''Corchorus'', which is in the mallow family Malvaceae. The primary source of the fiber is ''Corchorus olit ...
,
packaging
Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a co ...
and
hospitality
Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis de Jaucourt, Louis, chevalier de J ...
.
The group was awarded "Enterprise of the year" at the Bangladesh Business Awards in 2003. According to ''
The Daily Star'', M.M. Ispahani is one of the most respected business concerns in the
subcontinent
A continent is any of several large landmasses. Generally identified by convention rather than any strict criteria, up to seven geographical regions are commonly regarded as continents. Ordered from largest in area to smallest, these seven ...
.
Awards
*2003 - Enterprise of the Year - ''Bangladesh Business Awards''
*2004 - AmCham Business Executive of the Year (for managing director M. Salman Ispahani) - ''American Chamber of Commerce in Bangladesh''
*2017 - Green Business Climate Award
*2018 - Best Brand Award 2018
See also
*
Mirza Ahmad Ispahani
Mirza Ahmad Ispahani (1898–1986) was a Perso-Bengali businessman based in Chittagong and the patriarch of the Ispahani family. He was the founder of Orient Airways and the first chairman of Pakistan International Airlines (PIA). He was the chai ...
, Chairman (1934-1949)
*
Mirza Mehdy Ispahani
Mirza Mehdy Ispahani (also known as Sadri Ispahani; 1923–2004), son of Mirza Ahmad Ispahani, was Chairman of M.M. Ispahani from 1949 until 2004. Mirza Ali Behrouze Ispahani, son of Mirza Mehdy Ispahani was elected as the Chairman of M.M. Ispah ...
(Sadri Ispahani), Chairman (1949-2004)
*
Yar Mohammad Khan
Yar Mohammad Khan (September 9, 1920 – August 29, 1981) was one of the founders of the Bangladesh Awami League.
He was the founder treasurer of the Awami League. His residence at 18, Karkun Bari Lane, Dhaka was the first party office of the Ba ...
, Director (1958)
*
Mirza Ali Behrouze Ispahani
Mirza Ali Behrouze Ispahani was a Bangladeshi businessman from the Ispahani family and the chairman of M. M. Ispahani Limited.
Early life
Behrouze was born on 30 October 1950, in the Ispahani family, which was founded in 1820, Haji Mohammed Hash ...
, Chairman (2004-2017)
*
Godrej family
The Godrej family is an Indian Parsi family that manages and largely owns the Godrej Group of company- a conglomerate founded by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej in 1897. It spans sectors as diverse as real estate, consu ...
and
Tata family
The Tata family is an Indian business family, based in Mumbai, India. The parent company is Tata Sons, which is the main holding company of the Tata Group. About 65% of the stock in these companies is owned by various Tata family charitable trus ...
, other Indo-Persian business families
References
{{Reflist
External links
Official WebsiteIspahani Tea Website
Bangladeshi brands
Conglomerate companies established in 1934
Companies based in Chittagong
Conglomerate companies of Bangladesh
Real estate companies of Bangladesh
Real estate companies established in 1934
Food and drink companies established in 1934
1934 establishments in India