Ministry of Industries
Profile
- Head
- Khandaker Abdul Muktadir
- Role
- Minister
- Annual budget
- —
- Staff
- —
- Established
- 1971
- Legal basis
- Constitution of Bangladesh, Article 55; Rules of Business 1996; The Development of Industries (Government Control) Act, 1949
Pursuing industrialization-led employment creation via BSCIC estate expansion, SME credit scaling, private entry into idle state-owned units, and LDC-graduation competitiveness through priority sector identification
Recent activity
- 2026-02-17 appointment Khandaker Abdul Muktadir sworn in as Minister holding combined portfolios of Industries, Commerce, and Textiles and Jute in the Tarique Rahman cabinet ↗↗
- 2026-04-02 statement Minister announced massive industrialization drive as core strategy to address unemployment; said BSCIC will develop industrial estates and parks for entrepreneurs, not establish industries directly ↗
- 2026-04-09 policy SME Foundation signed credit wholesale agreements with 12 banks and 4 NBFIs at Hotel InterContinental Dhaka; Tk 400 crore+ in new loans for micro, small and medium entrepreneurs at 8% interest rate (Tk 1 lakh to Tk 25 lakh per borrower) ↗↗
- 2026-04-10 statement Minister stated there is no alternative to boosting competitiveness ahead of Bangladesh's LDC graduation scheduled for November 24, 2026; ministry committee identified plastics, light engineering, and pharmaceuticals among 8-10 priority post-LDC export sectors ↗↗
- 2026-05-07 policy Minister announced government will simplify business registration by replacing 25-26 separate licenses with a provisional single-clearance system through BIDA; approximately 40 state-owned units under MoInd and 50 under Textiles and Jute to be opened to private investment within 1-2 years ↗↗
- 2026-05-09 policy Government declared determination to reopen closed state-owned sugar mills; plan includes converting underutilized sugar mill land into modern industrial parks and multi-purpose production hubs ↗↗
- 2026-05-14 international Minister inaugurated the 2nd Bangladesh-China Green Textile Expo 2026 in Dhaka; called for Chinese FDI, technology transfer, and cooperation to modernize closed state-owned mills and advance green industrialization ↗↗
Provenance & notes
Minister is Khandaker Abdul Muktadir (NOT Khandaker Mosharraf -- that name refers to a different politician). Muktadir holds three combined portfolios: Industries, Commerce, and Textiles and Jute. Sworn in 2026-02-17 as part of the Tarique Rahman cabinet. Annual budget figure not broken out in publicly available FY2025-26 documents; left null rather than guessing. Ministry oversees BCIC, BSCIC, BSFIC, BSEC, BITAC, BIM, DPDT, NPO, BAB, SMEF, SMCIF. Ministry established 1971 following independence; BSCIC reconstituted from East Pakistan Small Industries Corporation in 1972. Legal basis includes The Development of Industries (Government Control) Act, 1949 (inherited). Logistics cost of 16% of GDP highlighted by minister as critical competitiveness gap vs 10% global benchmark.
Sources
- https://moind.gov.bd/
- https://en.wikipedia.org/wiki/Ministry_of_Industries_(Bangladesh)
- https://en.wikipedia.org/wiki/Tarique_Rahman_ministry
- https://en.wikipedia.org/wiki/Khandaker_Abdul_Muktadir
- https://www.bssnews.net/others/377034
- https://www.bssnews.net/news/376243
- https://www.bssnews.net/business/385090
- https://www.bssnews.net/news-flash/385537
- https://www.bssnews.net/news/386939
- https://www.bssnews.net/js-session/373931
- https://www.tbsnews.net/bangladesh/sme-foundation-provide-tk440-cr-loans-entrepreneurs-1407826
- https://outlookbangla.com/2026/05/09/govt-determined-to-reopen-closed-state-owned-sugar-mills-muktadir/
- https://outlookbangla.com/2026/05/07/govt-to-streamline-business-registration-modernize-state-owned-industries-muktadir/
- https://www.dhakatribune.com/amp/business/410194/minister-calls-for-stronger-bangladesh-china
- https://www.tbsnews.net/bangladesh/see-who-will-become-next-ministers-state-ministers-1363801