Tea Gardens
M.M. Ispahani Ltd. (MMI) owns four tea gardens: Mirzapore, Ghazipore
and Zarreen (all of which are based in Moulvi Bazar, Sylhet) and Neptune
(based in Chittagong). These gardens produce approximately 3 million
kilos of tea per annum, which is slightly over 5% of the total tea
production of Bangladesh. The average yield per hectare is over 1800
kilos; one of the highest yields achieved nationally.
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Tea Gardens |
Each of the tea gardens has factories equipped with modern tea
manufacturing facilities. The tea produced is of high quality and sells
at a premium at the Chittagong Tea Auction. There are 167 tea gardens in
Bangladesh, and Ghazipore, Mirzapore, Zarreen and Neptune are
consistently in the list of top ten tea gardens for the highest auction
price achieved.
Rubber Products:
Both the Neptune and Mirzapore Tea Gardens have Rubber plantation
alongside Tea plants. These two Rubber plantations produce about
1,20,000 Kgs of Raw Rubber Sheet (RSS) per annum, out of which 75% are
exported earning valuable foreign currency.
The Ispahanis have been involved in business in South Asia since
1820. Mirza Mohammed Ispahani established the Calcutta office of M.M.
Ispahani & Sons in 1900. Mirza Mohammed Ispahani’s eldest son, Mirza
Ahmed Ispahani, joined the partnership in 1918 and, with his younger
brothers, Mirza Abol Hassan Ispahani and Mirza Mahmood Ispahani,
established the private limited company, M.M. Ispahani Limited, in 1934.
In 1947 the corporate Head Office was moved to Chittagong, where it
stands today. With corporate offices in Chittagong, Dhaka and Khulna
and, through its tea, textile, jute, property, poultry and shipping
divisions, the Group employs approximately 10,000 people.
The Ispahani Group is a pioneer in many fields and remains one of the
most successful and respected business houses in Bangladesh. It is the
largest tea trading company in the country and dominates the domestic
tea market, capturing approximately 50% of the national branded tea
market and 80% of the branded tea-bag market. Ispahani Tea is renowned
all over Bangladesh and its best selling brands such as Mirzapore Best
Leaf and Mirzapore Double Chamber Tea Bags are household names. The
company has an unrivalled distribution network of over 490 sales centres
under 20 zonal offices in Chittagong, Dhaka, Dhaka North, Bogra,
Barisal, Comilla, Khulna, Kushtia, Mymensingh, Rangpur, Dinajpur,
Sylhet, Dhaka South, Dhaka East, Kishorganj, Chittagong South,
Chittagong North, Jessor, Rajshahi and Faridpur. It also owns four of
the finest tea gardens in Bangladesh: Ghazipore, Mirzapore, Zarreen and
Neptune, all of which are equipped with state-of-the-art tea
manufacturing machinery.
Corporate and Social responsibility form a large part of the Ispahani
philosophy. Throughout our history we have endeavoured to support and
advance worthwhile causes. We have established schools and colleges in
Bangladesh as well as the renowned Islamia Eye Hospital. The latter is a
centre of excellence for providing modern, efficient and cost-effective
eye care. With a specialist line up of up to 40 doctors, 35 surgeons,
trained nurses, paramedics and other staff, Islamia Eye Hospital has
been looking after the eye care needs of thousands of Bangladeshis since
its inception in 1960.
Furthermore, the Group sponsors various cricket, football, golf and tennis tournaments as well as the National Cricket League.
Today, after decades of business in South Asia, the Ispahani Group is
still dedicated to providing high quality goods and services as well as
having a positive impact on the community at large.
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