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 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 ...

. It consists of eight

strategic business unit A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though t ...

s and several other affiliations. The group's chairman is Afroz Rahim and the

managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

are Feroz Rahim, Niaz Rahim, Mohammed Ismail, Munawar Misbah Moin and Mudassir Moin. In 2012 it received permission from the government of Bangladesh to open a manufacturing unit in India. Rahimafrooz operates in three broad domains: automotive after market, power and energy, and retail chain. It sells tyres, batteries, lubricants, emergency power products, diesel as well as gas generators, lighting products, electrical accessories, solar systems, energy systems using compressed natural gas, and power rectifiers. The Group also runs ' Agora' the first retail chain in Bangladesh. Rural Services Foundation is the charity branch of the group.

History

A. C. Abdur Rahim was born on 20 January 1915. 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 Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern ba ...

, 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 ur, , common_name = East Bengal , status = Province of the Dominion of Pakistan , p1 = Bengal Presidency , flag_p1 = Flag of British Bengal.svg , s1 = East ...

. In 1950, he formed a small trading company with capital of 200,000 Pakistani rupees ($42,000 as of 1950). On 15 April 1954, he incorporated the business as Rahimafrooz & Co, named after his eldest son, Afrooz Rahim. Initially, it focused on garment retailing.

References

{{reflist Retail companies of Bangladesh Conglomerate companies of Bangladesh Retail companies established in 1954 1954 establishments in East Pakistan