08/09/2025
Modern Group of Industries, Uganda’s one of the most dynamic and fast-growing conglomerates, driving industrialisation, economic growth, and employment generation across the country, is set to be honored by AsiaOne Magazine. Under the guidance of Chairman Ashish Monpara, the Modern Group has grown into a powerful conglomerate with a diverse portfolio, including a significant presence in the sugar and tiles industries. Under his visionary leadership, the Group has expanded rapidly to encompass 10 diversified companies with investments exceeding USD 700 million (UGX 2.4 trillion). Empowering dreams and transforming lives, the Group stands tall with over 13,000 jobs nurtured across local communities, redefining the Group’s growth story which is deeply rooted in uplifting local communities. Beyond job creation, the Modern Group commitment helps fuel Uganda's development as it stands out as one of the country's top taxpayers, contributing an average of sh12.5b annually. The recent acquisition and revitalization of the Kaliro Sugar Factory further solidify the group’s position as a key player in Uganda's industrial sector. This strategic move aims to boost local sugar production, create more employment opportunities, and enhance food security. For its remarkable growth, economic contributions, and its role in building a more prosperous and self-reliant Uganda, it is going to be felicitated with the World’s Greatest Brands 2025. Join us in celebrating this outstanding brand.
