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The father of the present chairman, late Alhaj Abdul Mannan, has set-up the first venture of the group in the name of Doleswar Iron & Engineering Works Limited in 1932 to build Japanese type Handloom Frame to replacethe conventional type of Handloom Frame. This was a great innovation and these looms were found capable of yielding final quality and higher quantity of production to satisfy the requirment of local cottage industry sector of this part of the than British India-now Bangladesh.