Fair Electronics has won the President's Industrial Development Award.
Fair Group Director Mutassim Daiaan received the award from Industries Minister Nurul Majid Mahmud Humayun at a ceremony in Dhaka Thursday.
Twenty industrial companies received the award in six categories for their contribution to the economy, including setting up of industries in the private sector, production of goods, and employment generation.
The industries minister distributed the awards on behalf of President Abdul Hamid.
Fair Electronics secured the first position in the hi-tech industry category.
Read more: Pran-RFL scoops up Bangladesh Business Awards 2021
State Minister for Industries Kamal Ahmed Majumder and Federation of Bangladesh Chambers of Commerce and Industry President Md Jasim Uddin were present at the event.
Fair Electronics has established its industrial factory at Shibpur, Narsingdi. They are producing smartphones and consumer electronics products for Samsung.