The Founder & MD
“We Innovate, We Encourage, We Empower”
Mohammed Shafiqul Islam has been an inspiring and pioneering entrepreneur in the business field. He has become a phenomenal influence in the new business ideas and advancements in Bangladesh. A visionary, his dreams, and hard work have left an indelible and indispensable impact on the contemporary business and industrial development of Bangladesh, the growth and glow of which have now seen the success beyond the borders making him an industrialist per se. With his sincerest passion, dedication, and deep patriotic drift a few business enterprises both at home and abroad have reached uncompromising glory and excellence. Lucies Annaeus Seneca’s observation perfectly matches Mohammed Shafiqul Islam’s professional growth, undying endeavors, tougher and competitive industrial encounters-
“The bravest sight in the world is to see a great man struggling against adversity.“
Mohammed Shafiqul Islam struggled hard to bring his business enterprises and dreams to excellence not merely to industrial success within and without the country. Mohammed Shafiqul Islam was born into a respectable family in Comilla, and he was extremely meritorious and intelligent in his early childhood. The childhood hardship and the struggle in his young years only made Md Shafiqul Islam a strong individual, a faithful human being, and a leader full of compassion and humanity. He has been a caring father and a talented organizer and manager throughout his life.
“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness
will come.” Dwayne Johnson
There is no denying the fact that what Johnson observed has happened to Mohammed Shafiqul Islam since he never worked hard like a workaholic for cheap popularity and mere material success but proved in the industry with his immense professionalism and commitment to consistency in his management of manpower and administration. His level of motivation is in Estée Lauder’s view, “I never dreamt of success. I worked for it.” That is what defines Mohammed Shafiqul Islam as one of the most celebrated business icons of our time. His higher sense of obligation to and engagement in strengthening community development in his area has made him a notable philanthropist.
In 1977, Mohammed Shafiqul Islam moved to Chittagong and received his customs clearing and forwarding license in 1984 which enabled him to start wide-ranging business dealings with many buyers abroad. He stared afresh with very little capital in hand but with a whole world of courage and faith. By the early 1986s, he started importing electronic goods and various products from abroad. In 1990 Mohammed Shafiqul Islam started importing air conditioners from top Japanese global brands. In 1996 he started a showroom at Bangabandhu National Stadium market on a larger scale as retailer and wholesaler of all top brand air conditioners and electronic products. In 2003 his business extended to China, and he officially joined hands with Midea Air Conditioner. In 2003 he started working with this company and by 2005 Mohammed Shafiqul Islam became the Master Distributor of Midea Air Conditioners in Bangladesh. On November 18, 2014, Elite Hitech Industries Limited was established in Comilla.
Elite Hitech Industries Limited started manufacturing Midea Air Conditioners and also launched Elite Air Conditioner soon after. His long thriving business establishments got national and international branding and recognition, bringing his business entrepreneurship to an appropriate landmark. Elite Hitech Industries Limited always stayed ahead of the industry. In May 2024, the air conditioner of R32 refrigerant was officially launched and in November 2024, the air conditioner of R290 refrigerant was
launched.
Mohammed Shafiqul Islam, therefore, has become the name of high-quality investments in business particularly in air conditioners that have been well adapted to the climate conditions of Bangladesh. One can safely observe that Mohammed Shafiqul Islam came, saw, and conquered the market of business in Bangladesh with his Herculean passion and determination towards excellence, distinction, and perfection. His business enterprises are bent on thriving with the changing dynamics of time and trends. Mohammed Shafiqul Islam as a leading industrialist brought our economic growth ensuring opportunities for employment of about a thousand workers directly and indirectly all over Bangladesh and greatly contributed to the economic development of Bangladesh. He has reached many milestones of success but in his view, ‘I have just started and never think that I have reached the milestone I wish to as yet, I have many more miles to explore.’