PRAN-RFL Group

PRAN-RFL Group (Bengali: প্রাণ-আরএফএল গ্রুপ) is one of the largest conglomerates in Bangladesh.[1] It is the largest agribusiness in Bangladesh.[2] PRAN (Bengali:প্রাণ) means heart in Bengali.[3]

PRAN-RFL
প্রাণ-আরএফএল
Logo of the PRAN-RFL Group,
TypeBusiness enterprise
Inception1981
Websitepranfoods.net
www.rflbd.com

History

PRAN (Programme for Rural Advancement Nationally)[4] was established in 1981 by retired Major General Amjad Khan Chowdhury and has become one of the largest food and beverage brands in Bangladesh.[5][6] PRAN pioneered agribusiness in Bangladesh by providing farmers with guaranteed prices.[7] PRAN Foods, a subsidiary of the PRAN-RFL Group,[8] produces a number of agricultural products under the PRAN banner. PRAN established a subsidiary company in UAE in 2003.[9] In 2008, the company announced plans to open a production facility in Tripura, India, after the Indian government lifted the ban on direct investment from Bangladesh in 2007.[1] The PRAN group's exports had reached 10 billion taka by 2016, with the biggest markets for the company in India, Saudi Arabia, the UAE, Malaysia, and Oman.[10] The same year the revenue for PRAN exceeded US$500 million.[11] PRAN started exporting potatoes in March 2016.[12] In April 2016, PRAN started to export cassava and the first shipment, worth US$3 million, was sent to New Zealand.[13] PRAN has 80 thousand direct employees and 200 thousand indirect employees.[14] PRAN exports to over 118 different countries.[15]

gollark: The thing with quadratics? I think I did see that.
gollark: It's frustrating.
gollark: They *sometimes* admit to not knowing a thing or needing help with it... but then randomly switch back to "I know this utterly, you are wrong".
gollark: Of course.
gollark: And not the actual power of things.

References
  1. "Pran to build first foreign plant in India". The Daily Star. 24 January 2008. Retrieved 31 March 2017.
  2. "Pran makes it big in dairy business". The Daily Star. 18 December 2011. Retrieved 31 March 2017.
  3. ব্যবহারিক বাংলা অভিধান. Dhaka: Bangla Academy.
  4. IANS (4 June 2015). "First Bangladeshi food processing unit in India". Business Standard India. Retrieved 31 March 2017.
  5. "Amjad Khan's death anniv observed". Prothom Alo. Archived from the original on 5 February 2017. Retrieved 31 March 2017.
  6. Bilkis, Shahana (12 March 2014). "Bangladeshi agro-processed food has good prospect abroad". The Financial Express. Dhaka.
  7. Sobhan, Rehman (4 October 2010). Challenging the Injustice of Poverty: Agendas for Inclusive Development in South Asia. SAGE Publications. p. 111. ISBN 9788132104681.
  8. "GDCL to arrange Tk 1b fund for Pran thru Islamic Bond issue". The Daily Observer. Retrieved 31 March 2017.
  9. Basit, Abdul. "Pran Foods expects 60% sales growth in 2014". Khaleej Times. Retrieved 31 March 2017.
  10. "PRAN-RFL fetches over Tk 1,000cr from export". Daily Sun. Retrieved 31 March 2017.
  11. Mitra, Sounak (10 February 2016). "If Shan doesn't get you, PRAN will". livemint.com/. Retrieved 1 April 2017.
  12. "PRAN starts potato export". The Daily Star. 11 March 2016. Retrieved 31 March 2017.
  13. "PRAN to export $3m of cassava to New Zealand". The Daily Star. 12 April 2016. Retrieved 31 March 2017.
  14. "In memory of the man who built Pran". The Daily Star. 5 July 2016. Retrieved 31 March 2017.
  15. "PRAN aims at poverty cut, employs over 10 lakh workers". Daily Sun. Retrieved 1 April 2017.


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