Bangladesh Industry Directory 2020: Guide to Key Firms and Institutions Across Five Major Industries
This is a directory of key companies and institutions across Bangladesh's major industries. It compiles leading firms, sector associations, and government agencies across five industries — garments (RMG), ICT, power, construction, and agri-food — to support Korean companies in finding partners and entering the market. Based on 2020 data, it presents company profiles, scale, roles, and cooperation potential with Korean firms for each industry.
The five major industries collectively contribute approximately 50% of Bangladesh's GDP, and Korean company entry opportunities are concentrated in these sectors. Korean firms are highly competitive in synthetic fiber and machinery supply for garments, software and SI cooperation for ICT, power equipment and components for energy, construction equipment and materials for construction, and processing technology and equipment for agri-food. The KOTRA Dhaka Trade Office provides free industry-specific company databases and buyer matching services — a useful first step in local partner searches.
Garments (RMG) Industry Key Companies
Garments (RMG), Bangladesh's largest industry, accounts for 12% of GDP and 83% of exports ($33.7B). Over 4,500 factories employ 4 million workers, making Bangladesh the world's second-largest apparel exporter. BGMEA (Garment Manufacturers and Exporters Association) and BKMEA (Knitwear Manufacturers and Exporters Association) represent the industry. Korean firms have abundant cooperation opportunities in synthetic fiber and fabric supply, garment machinery sales, and IT solutions (ERP and production management).
| Company | Type | Annual Revenue | Employees | Major Buyers | Korean Cooperation Area |
|---|---|---|---|---|---|
| Ha-Meem Group | Integrated garment & knitwear | $1.2B | 70,000 | H&M, Walmart, Gap | Synthetic fiber, machinery |
| DBL Group | Knitwear, textiles, garments | $800M | 45,000 | Zara, Nike, Adidas | Fabrics, chemicals |
| Square Textiles | Integrated weaving & yarn | $600M | 25,000 | Domestic + export | Spinning machinery, IT |
| Beximco Textiles | Integrated textiles & garments | $500M | 30,000 | Multiple global buyers | Materials, consulting |
| Epyllion Group | Specialized knitwear | $400M | 35,000 | Gap, Primark | Knitting machinery |
| Nassa Group | Integrated textiles & garments | $380M | 28,000 | Marks & Spencer | Fabric supply |
ICT & Digital Industry Key Companies
Bangladesh's ICT industry was valued at $3B in 2020 and growing at 20% annually. 2,500 BASIS (IT Industry Association) member companies operate across software development, IT services, fintech, AI, and more. The government's "Digital Bangladesh" vision and BHTPA (Bangladesh Hi-Tech Park Authority) incentives are driving industry growth, with expanding opportunities for joint software development, outsourcing, and SI cooperation with Korean firms.
Power & Energy Industry Key Companies
Bangladesh's power sector had an installed capacity of 22,000MW in 2020, with private power (IPP) accounting for 45%. While electrification improved to 96% (2020), power transmission losses of 12% and electricity subsidies remain fiscal burdens. Renewable energy (solar and wind) investment is expanding, offering Korean firms supply opportunities in power generation equipment, smart grids, and energy storage systems (ESS).
| Company / Institution | Type | Scale | Role | Korean Cooperation Opportunity |
|---|---|---|---|---|
| Summit Power | Private generation (IPP) | 2,300MW | Largest private generator | Power equipment & services |
| S. Alam Group | Coal & gas generation | 1,800MW | LNG power investment | LNG equipment & turbines |
| BPDB | State power utility | 10,000MW+ | Generation & distribution oversight | Smart meters, T&D systems |
| PGCB | State transmission grid | National grid | Extra-high voltage transmission | Smart grid technology |
| DESCO/DPDC | Dhaka distribution companies | Metro area | Dhaka distribution | AMI & ESS solutions |
| SREDA | Renewable energy agency | RE policy | Solar & wind promotion | Solar panels & inverters |
Construction & Infrastructure Industry Key Companies
Agriculture & Agri-Food Industry Key Companies
| Company | Sector | Annual Revenue | Business | Korean Cooperation Opportunity |
|---|---|---|---|---|
| PRAN-RFL Group | Food & beverage | $800M+ | Largest processed food company, exports to 50+ countries | Food processing machinery, packaging |
| Square Food | Food & dairy | $400M | Noodles, dairy products, beverages | Food ingredients & technology |
| ACI Agribusiness | Integrated agri-business | $350M | Seeds, fertilizers, agricultural machinery distribution | Farm machinery, smart farming |
| Ispahani Agro | Tea & food | $300M | Top 10 global tea exporter | Tea processing & packaging machinery |
| Bangladesh Tea | Tea industry | National industry | Ceylon tea production & export | Tea processing machinery |
| Meghna Group | Edible oil & flour | $500M | No. 1 in edible oil & milling | Food plant equipment |