Meghna Group cos

Continued from page 9 milk and powdered milk plants will have the capacity of 120 tonnes and 2,000 tonnes a day, while a soya seed-crushing factory will have 2500 tonnes. The group is also expanding a number of existing industries. The capacity of its sugar refinery is being expanded to 3,000 tonnes per day from present 2,000 tonnes. The flourmill's capacity will increase to 280 tonnes a day from current 150 tonnes. It has also taken initiatives to raise its cement production capacity. The present production capacity of the industry is 4000 tonnes a day and this year will increase to double. The group has plan to raise its production capacity to 11,500 tonnes per day by June next year, the group chairman said. "We want to consolidate our position in the market by slashing production costs," Mr Kamal said. Meghna Group started its business humbly by setting up a small vegetable oil mill in 1987 on a small piece of land at Meghna Ghat in Narayanganj. Now it runs about 30 industries on over 1,000 bighas of land. Terming poor infrastructure, inadequate gas and electricity supply as the three main barriers of doing business in the country, the group chairman urged the government officials to be more business-friendly removing the bureaucratic tangles and other present barriers such as lengthy licensing system and easy taxation.