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Marico Bangladesh Limited (MBL) has announced the successful commencement of commercial production in its third manufacturing unit, located within the Mirsarai Economic Zone (MEZ) under the guidance of the Bangladesh Economic Zones Authority (BEZA).
With an investment blueprint of 220 crore BDT to be rolled out over multiple phases, the current production line at the MEZ unit focuses on MBL’s Value Added Hair Oil (VAHO) products, according to a press release.
This establishment has ushered in new economic opportunities, leading to the creation of new jobs for the local community living in proximity to the economic zone.
99% of the Marico Bangladesh product portfolio is produced locally, and Marico is a proud ambassador of Made in Bangladesh.
About Marico Bangladesh
Beginning its journey in 1999, Marico Bangladesh Limited is one of the top 3 FMCG multinational companies in Bangladesh and a trusted brand with a wealth of beauty and healthcare products.
The company has reached households all throughout Bangladesh with 43 brands in the categories of Hair Care, Skin Care, Baby Care, Edible Oil and Male Grooming.
With a strong and ever-expanding consumer segment, the flagship brand of Marico Bangladesh Limited, Parachute Advansed, has been ranked among the top 10 trusted brands in Bangladesh.
In recent times, the company has diversified its product range after launching new brands such as Parachute Advansed Onion Enriched Coconut Hair Oil, Parachute Just for Baby, Parachute SkinPure, and the StudioX male grooming range, which includes shampoo, facewash, gel and deodorant.
As proud ambassadors of “Made in Bangladesh”, 99% of Marico’s portfolio is manufactured in Bangladesh and exported to Nepal, Bhutan, Vietnam, Dubai, Egypt, South Africa, Tanzania and India.