Founded in 1991, DBL Group is family owned business. The first company was named as Dulal Brothers. Over the years, the organization evolved into a diversified conglomerate in Bangladesh. The businesses include apparels, textiles, textile printing, washing, garments accessories, packaging, ceramic tiles, pharmaceuticals, dredging, semiconductor design (VLSI), information and communications technologies and telecommunications. With a workforce of 36,000 employees, its annual turnover for 2018-19 was $600 million. It has financial investments from IFC of World Bank, DEG-KfW (Germany), and Swedfund (Sweden). DBL engaged in its first offshore business in Ethiopia for apparels and textiles, creating employment opportunities for 4,500 people.