Modern Group of Companies, one of Uganda’s diversified business groups, has continued to be one of east Africa's landmark investments which acts as a benchmark to many institutions within Uganda and the entire great lakes region.
Recently , officials from Equity Bank led by Managing Director of Equity Bank Gift Shoko held a strategic tour of the group’s manufacturing plant in Jinja and were received by Jagdish Srivastava, CEO of Modern Group.
The team was impressed by Modern Group’s contribution to the economy, which is a catalyst for progress, a symbol of Africa's potential, and a partner in building a brighter future.
The Modern Group, a Ugandan conglomerate born in 2015, embodies the spirit of defining growth through extraordinary performance. They have strategically expanded across diverse sectors, including Sugar, Distilleries, Tiles, Aluminum Profiles, Organic Fertilizer, Gas, Power, and Luxury Beverages.
This strategic diversification fuels not only their exponential growth, but also empowers their stakeholders and propels Africa's economic engine.
Over the years, Modern group’s commitment extends beyond financial success. They believe in fostering a sustainable ecosystem of growth by creating employment opportunities, investing in skills development, and prioritizing responsible business practices.
The Group is dedicated to import substitution, fostering local production, and reducing reliance on foreign goods. This has created a ripple effect, stimulating growth across the continent and unleashing Africa's immense potential.
Modern Group has over the years created sustainable livelihoods, improving healthcare and education access, and fostering vibrant communities around their operations.
Since the Group’s inception, they have continuously invested in cutting-edge technology, research and development, and a culture of innovation to remain at the forefront of our diverse industries.
The Group also collaborates with local communities, government agencies, and other businesses to create a shared vision for a prosperous and sustainable Uganda.
These initiatives have complimented government efforts and to the Equity Bank team, Modern Group remains one of not only Uganda, but East Africa’s development catalysts.
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