[7] His interactions with the artists who he met through his uncle inspired him to start his own art collection,[9] so around 1973 he began buying artwork.

[11] Over a span of twenty-five years since its inception, the Bengal Foundation has promoted a variety of visual and performing arts and crafts, with regular local, regional and international events.

The Bengal Foundation also holds demonstrations, seminars and workshops, and awards scholarships for those interested in studying Bangladeshi music.

Litu has instituted a number of awards through the Bengal Foundation to encourage established as well as emerging Bangladeshi artists.

Construction work has begun at Savar, on the banks of the Bangshi River, on 135 bighas (45 acres) of land that he has donated for this purpose.

[12][18] The current theatre development program, which has been running since 2009, is aimed at marginalised communities such as Adivasis, transsexuals and Chars.

Jamini – an English quarterly dedicated to the art of Bangladesh[18] Kali O Kalam – a monthly Bengali literary magazine.

[18] The Young Poet and Writer's award has been instituted by this publication to nurture emerging literary talent in Bangladesh.

[19] Bengal Barota – a cultural events bulletin[20] Shilpa O Shilpi – a Bengali arts quarterly Litu also gives greater exposure to traditional culture through his lifestyle glossies, Charbela Chardik and ICE Today, and ICE Business Times, a Bangladeshi business magazine.

In 2011, Litu announced that he had entered into a partnership with Skira, an Italian publishing house, to bring out a special series of 40 volumes showcasing Bangladeshi art.

[22] The first four volumes are scheduled to be released by April 2012 and are monographs of photographer Shahidul Alam, painters Kazi Ghivasuddin, Safiuddin Ahmed and Zainul Abedin.