Paradise Group of Industries

Paradise Group of Industries (PGI) is a Bangladeshi conglomerate. The company was founded by Mosharraf Hossain in 1983.[1] The industries under this conglomerate include light engineering, electrical cable, textile, real estate, etc. Its main corporate units are Paradise Cable Limited (PCL), SBS Cables Ltd and Paradise Spinning Mills Ltd. Paradise Cables is the leading manufacturer of all types of wires, cables and conductors in Bangladesh. The group started its business with textiles and trading, and later diversified into wire and cable manufacturing.

Paradise Group of Industries
TypePublic
IndustryElectrical cable, Light Engineering, Textile, Real-estate, Telecom (ISP), Technology (IEG and ISP), Electrical Accessories, Insurance, Education and Hospitality
FoundedChairman Md. Mosharraf Hossain
HeadquartersFatullah, Narayanganj, Bangladesh
Revenue$150 million
Number of employees
6000
Websitewww.paradisecables.com

Due to family conflict, mismanagement, and unplanned investment, the group's assets were being auctioned off to pay off debts and workers' salaries in June 2020.[2] Mosharraf Hossain and three other directors of the group were also being arrested for a cheque dishonor case in September 2020.[3]

List of companies
  • Paradise Cables Limited
  • SBS Cables Ltd.
  • Paradise Spinning Mills Limited
  • Paradise Fashions (Pvt) Ltd
  • Paradise Merchandising Limited
  • Paradise Marketing Limited
  • Saleha Wire Limited
  • Paradise Metallurgical Complex Ltd.
  • Paradise Properties Limited
  • Paradise Electric and Electronics Ltd

References
  1. "Paradise Cables Limited (PCL) is the leading manufacturer of electrical wires, cables and conductors in Dhaka, Bangladesh". Archived from the original on 2012-03-05. Retrieved 2013-01-02.
  2. "AB Bank to sell Paradise Group property to recover Tk 195 crore default loan". Bmirror. 2020-06-30. Retrieved 2023-10-01.
  3. "Arrest warrant issued against Paradise Group chairman, MD". The Business Standard. 2020-09-29. Retrieved 2023-10-01.
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