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Company Overview

NAVANA GROUP emerged into a separate physical entity from Islam Group in 1964. The Nafis Ahmed Nazim businesss started under an exclusive distributorship agreement with TOYOTA to market TOYOTA 05 cars in East Pakistan.Over the years NAVANA GROUP has diversified its activities in various 24 Md. Rashedul Basher areas like product and project marketing, construction and real-estate, international trading etc and tranformed into one of the leading business conglomerates in Bangladesh. Nazia Hossain 35
1964 1976 1978 1981 1987 1996 1996 1996 1997 1998 1998 NAVANA LIMITED, the group made an agreement with TOYOTA of Japan to market Toyota cars. NAVANA LIMITED became the exclusive distributor of Goodyear Tyres (which is a well reputed brand in automobile tyre sector) for Bangladesh market. The Group has entered into a distribution franchise with HINO Motors of Japan to market HINO bus in the local transport sector. The Group set up Aftab Automobiles Ltd. to assemble Toyota and Hino vehicles for the Bangladesh market. Aftab Automobiles Ltd. became a listed company on the Dhaka Stock Exchange. Navana Real Estate Ltd. (NREL) was formed to cater to the boom in Real Estate Development in Bangladesh. Navana Construction Ltd. (NCL), a full-fledged construction wing of Navana was established. The Group brought into existence a separate trading unit named Biponon Limited. This company commenced business in the potential field of Health and Medical Equipment Sector. In the very potential IT arena the group has landed with a new company named Navana Computers & Technologies Ltd (NCTL) Aftab Automobiles Ltd. has gone under a massive BMRE program and as a result of the program; it started its Body Fabricating Unit, Paint Manufacturing Unit and Battery Unit. The group introduced Navana Interlinks Limited (NIL) in its chain to diversify business towards wide range of trading and project marketing. The company deals with Power Sector, Road Construction Equipment, Tele-communication, Industrial Machinery & Equipment, Chemicals, Civil Aviation, Security Equipment, Agro Products etc. Aftab Automobiles Ltd. introduced a new unit for manufacturing paints with the brand name NAVANA PAINTS. Navana Computers & Technologies Ltd (NCTL) signed up with GATEWAY INC., USA to market its full range of product including PC, Laptop, Server, Work Station etc. in Bangladesh. Navana Electronics Ltd. which was previously part of Navana Computers & Technologies Ltd. emerged into a separate physical entity. Navana Taxi Cab Co. Ltd. started operation with cab rental service, cab operation, customer service. A CNG unit was set up by Navana Ltd. The CNG unit started conversion of petrol/ octane driven vehicle into CNG. Started its journey as sole distributor of Landirenzo, s.p.a, Italy and Safe, s.r.l, Italy in Bangladesh. Aftab Automobiles Ltd. established a new unit of manufacturing batteries under the brand

Evolution of NAVANA GROUP

Group members (45D)

1999 2000

2000 2000 2001 2002 2002 2002

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