MGI enters sanitaryware market with Tk 300 crore investment

MGI enters sanitaryware market with Tk 300 crore investment 22.08.2026

Meghna Group of Industries (MGI), a major Bangladeshi industrial conglomerate, has entered the sanitaryware market with a Tk 300 crore investment, seeking to capitalize on rising demand driven by increased construction activity. The move expands MGI's construction materials portfolio, which already includes cement and ceramic tiles, as part of a broader diversification strategy. MGI Chairman Mostafa Kamal stated the company wants to offer customers a complete range of construction material solutions, making sanitaryware a natural addition alongside tiles.

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