S. Alam Group invests hundreds of millions for importing 1.2m affordable Ramadan essentials

S. Alam Group invests hundreds of millions for importing 1.2m affordable Ramadan essentials

S. Alam Group, the leading industrial conglomerate in Bangladesh, is making significant contributions to ensure uninterrupted supply of essential consumer goods and to keep prices affordable. with an investment of more than hundreds of millions of dollars, the company is importing over 12 lakh metric tons of daily necessities.
This impressive effort accounts for approximately 50 percent of the nation total food demand for Ramadan. Sugar, edible oil, wheat, lentils, and chickpeas are among the imported products.
A press release from S. Alam Group said that they are importing 2 lakh 58 thousand metric tons of edible oil, 86 percent of the demand during Ramadan, to ensure market stability.
The annual demand of wheat in the country market is about 63 lakh metric tons (excluding domestic production). Consumers require about five lakh 28 thousand metric tons of wheat every month.
S Alam Group is importing One lakh 78 thousand metric tons of wheat, 34 percent of the demand during Ramadan, to ensure market stability.