TK Group, one of the leading corporate players in the country’s FMCG sector, has established a modern rice mill in Hapunia, Naogaon Sadar Upazila, with an investment of approximately BDT 100 crore. Through this facility, the group aims to strengthen its presence in the domestic rice market.
According to TK Group sources, the mill has been specially equipped to produce marketable premium rice varieties. Popular types such as Chinigura, Nazirshail, and Miniket will be produced under the group’s ‘Pusti’ brand and supplied to both retail and wholesale markets across the country.
The new rice mill is now fully operational and has created employment for around 500 people locally, including over 200 permanent staff members. Organizers believe this will have a positive impact on the local economy.
By incorporating modern technology and emphasizing quality control, the group expects to help structure the fragmented rice market and promote a more organized supply chain. Additionally, increased availability of premium rice is expected to meet the growing demand among middle- and upper-middle-class consumers.
While TK Group has been active in the FMCG sector for years, its rice market operations were previously managed primarily through leased mills. The company acquired land in Hapunia in 2022 and began construction in 2023. The facility was completed in June 2025 and has recently started commercial production.
Analysts say that corporate investments in rice mills could ensure a consistent supply of high-quality products and help build a regulated market. However, they also note that competition from large conglomerates may pose challenges for small local entrepreneurs.
