Milnars Pumps Limited (MPL) has a history of over four decades. It was originally founded in 1961 in the name of KSB Pumps Company Limited as an affiliate of KSB Germany at time when the country was just on the verge of making a breakthrough in agricultural production of food (HYV) through small localized mechanical Irrigation system. Its factory was established at Tongi, 20 Km north of Dhaka City on an area covering about 3.50 acres.
After 1972 independence of Bangladesh, the parent company KSB Ag of Germany took direct control of the management and renamed it KSB Pumps Company (Bangladesh) Limited. Later in 1980, After obtaining majority