A Morshed

NAVANA GROUP LIMITED

Navana Group is one of the largest private sector groups in Bangladesh and has a strong and distinguished business history. In the year 1953 Alhaj Jahurul Islam, one of the dynamic business magnets of Bangladesh started his journey through establishment of a construction company, named Bengal Development Corporation (BDC) and soon enough successfully expanded his business into realestate and automobile sector by setting up new companies i.e., Eastern Housing Limited and Navana Limited respectively. After the inception of Navana Limited (pre-arranged through agreement of TOYOTA of Japan under an exclusive distributorship, to market Toyota cars in the then East Pakistan) in the year 1964, the business throve rapidly and formation of Islam Group took place under the Chairmanship of Alhaj Jahurul Islam. However, by dint of riveting leadership and vast knowledge on effective public relation, Mr. Shafiul Islam Kamal (Youngest brother of Jahurul Islam) joined Islam Group as a Director in the year 1976. He had effective contribution on the business development of Islam Group and helped it to grow as one of the largest business groups in Bangladesh. In the late 60's, the group entered into an exclusive distributor franchise with HINO Motors of Japan and was able to attain a significant market share in commercial transportation sector. At present, HINO is the symbol of prestige as well as a safe and reliable medium of transport. Besides, in early 80's, the group set up Aftab Automobiles Ltd. to assemble Toyota and HINO vehicles for Bangladesh market, which, with the passage of time turned out to be the largest private sector automobile assembling plant in Bangladesh. After the decease of Mr. Jahurul Islam in the year 1995, Mr. Shafiul Islam Kamal emerged into a separate business entity from Islam Group in 1996 and established a new group named Navana Group taking the Navana Limited and Aftab Automobiles Limited as its strategic business unit. Navana Group was born and foun