big industries in bangladesh
DESCRIPTION
This report contain the profile and historical background of many different big industries in Bangladesh.TRANSCRIPT
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Introduction
Industry plays an important role in our national development. People move from agriculture
to industry because of its lucrative earnings and exclusive rate of growth. Big industry in
Bangladesh helps nation by contributing huge amount of money in GDP as well as it earns a
lot of foreign currency which prosper our economic development. Big industry creates more
employments opportunities which helps to reduce the supreme problem of unemployment.
The average productivity of industry is higher than in agriculture or most service-sector
activities, so as people move out of agriculture into industry, gross domestic production
(GDP) increases. Knowledge about industry helps to gain opportunity anytime.
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Pride Group
Pride Group began its journey in 1958, when founder Halimur Rahman first established
Dacca Textiles, and laid the foundation to what would eventually become Pride Limited. He
came to the realization that much of the saris in popular demand at the time, were imported
from neighboring countries, and that locally hand-crafted materials were seldom used or
appreciated. At the time of Dacca Textiles' inception, Rahman was employed in EPSCIC, and
it is from this that he arrived at the idea of establishing a garment factory that would supply
locally made saris for the women of Bangladesh. Pride Group is a vertical textile group
engaged in the manufacture and export of knitwear products to the European Union, the
USA and Canada. The group is also engaged in production and marketing of saris, kids wear,
ladies' wear, home furnishing and other textile products through a chain of 66 retail outlets
spread all over Bangladesh. As of date, Pride Group consists of H.R. Textiles Mills
Limited, Fashion Knit Garments Limited, Dacca Textiles Limited, Pride Limited,
Urban Truth and MODA.
Company Profile
Aspects of the
Company
Description
Type Private
Industry Fashion, Textile
Founded Dhaka, Bangladesh
Key people Mohammad Abdul Moyeed, Mohammad Abdul
Moyeen and Mohammad Abdul Momen
Number of Products knitwear products, saris, kids wear, ladies' wear, home
furnishing and other textile products
Year of Establishment 1958
Manpower
Exporting
European Union, the USA and Canada
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Otobi
Otobi, is a leading furniture maker company in Bangladesh. The company was
established in 1975 by Nitun Kundu. Within a relatively short period, Otobi became
the most prominent Bangladeshi furniture brand, emphasizing the new nation's
pride in its refound cultural identity after independence. Otobi quickly grew to
become one of Bangladesh's top exported brands, with sales primarily to India and
the South East Asian countries.
Company Profile
Aspects of the
Company
Description
Type Private
Industry Furniture maker
Headquarter Dhaka
Key people Animesh Kundu
Products Furniture
Year of Establishment
1982
Website http://www.otobi.com/
Exporting India and the South East Asian countries
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Ha-meem Group
Ha-meem Group is a one of the largest Bangladeshi conglomerates in textile and
garments sector. It owns 26 garments factories , Sweater factory, Poly bag industry,
Label factory, Jute mill, Chemical formulation plant, Tea States, Transport company,
News Channel and Samakal- a widely circulated national daily Newspaper. Ha‐Meem
Group, a top ranking apparel manufacturer in Bangladesh exporting to USA and
Europe for a long time. Company produces 4 million pcs of woven garments per
month with the assortment of infant to adult in men and women. The current
turnover of Ha-Meem is 400 million US Dollar. Company is ornamented with 26
garments factories consisting with 250 lines, a unique Denim mill, Sweater factory, 5
washing plants, Embroidery and Printing factory, Carton factory, Poly bag industry,
Label factory, Jute mill, Chemical formulation plant, Tea States, Transport company,
News Channel and a widely circulated national daily Newspaper. Its plans to install
Spinning Mills at 2015. It’s overseas office in Hong and China gives fastest support in
procurement of fabric and accessories. Own C&F office in every Bangladeshi port
gives privilege of quick clearing and forwarding support.
Company Profile
Aspects of the
Company
Description
Type Public
Industry Composite textile, tea, leather, transport, media
Headquarter Dhaka
Employees 20,000
Major Products Bottom wear, critical cargos, hi-fashion denim jeans,
basic and hi-fashion washes, wrinkle free, laser finish /
3d whisker, men’s shirts, dress pants, outwear/ jackets
facility
Exporting USA and European Countries
Future plan Its plans to install Spinning Mills at 2015
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Advanced Chemical Industries limited (ACI)
ACI was established as the subsidiary of Imperial Chemical Industries (ICI) in the then East
Pakistan in 1968. After independence the company has been incorporated in Bangladesh on
the 24th of January 1973 as ICI Bangladesh Manufacturers Limited and also as Public
Limited Company. This Company also obtained listing with Dhaka Stock Exchange on 28
December, 1976 and its first trading of shares took place on 9 March, 1994. Later on 5 May,
1992, ICI plc divested 70% of its shareholding to local management. Subsequently the
company was registered in the name of Advanced Chemical Industries Limited. Listing with
Chittagong Stock Exchange was made on 22 October 1995. Advanced Chemical Industries
(ACI) Limited is one of the leading conglomerates in Bangladesh, with a multinational
heritage. Advanced Chemical Industries manufactures and exports pharmaceuticals finished
products in various categories like anti-infective, anti-ulcers, cardiovascular, anti-diabetic,
analgesic and anti-inflammatory, anti-pyretic, anti-protozoal, malarial, diarrheal and
anthalmintic, vitamins and minerals, dermatological and anti-septic, among others. The
company operates in four segments: Health Care, Consumer Brand Products, Agribusiness
and Animal Health. The Health Care segment formulates and markets a comprehensive
range of more than 120 products covering all major therapeutic areas. It also markets world-
renowned branded pharmaceutical products like Diprivan, Nolvadex, Accolade, Meronem,
Atarax, etc. ACI is actively engaged in introducing newer molecules and Novel Drug Delivery
Systems (NDDS) to meet the needs of the future. It is also the sole manufacturer of Servier of
France and Novartis Bangladesh. The Consumer Brand Products segment markets home
care products, personal care products, oral care products and food & drinks. ACI owns the
Savlon brand in Bangladesh. The Agribusiness segment markets some herbicide and
fungicide products in the market. It also markets seeds of water melon, hybrid paddy and
hybrid maize. The Animal Health segment has a full range of products including vaccines,
medicines and nutritional supplements for large animals and poultry.
ACI has three separate manufacturing plants in the outskirts of Dhaka.
Advanced Chemical Industries, listed on the Chittagong Stock Exchange, is a leading Fast
Moving Consumer Goods (FMCG) company in Bangladesh. It is the first company in
Bangladesh to have attained the ISO 9001 certification for Quality Management System and
ISO 14001 for Environmental Management System. Its mission is to enrich the quality of life
of people through responsible application of knowledge, skills and technology
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Company profile
Aspects of company Description
Year of Establishment 1968
Ownership Public
Type of Industry Chemicals, Foods, Pharma, Consumer products,
Logistics, Consumer electronics, Automobile services,
Communication
Type of business Manufacturing, Import & Marketing.
Headquarter Dhaka ,Bangladesh
Manpower 12000
Key people M Anis Ud Dowla, Chairman
Revenue BDT 238 Million
Website www.aci-bd.com
Foreign principles/global
partner
Ceva Sante Animales, France. Invesa Internacional SA,
Spain. Ayurvet, India. CID Line, Belgium. Vet Superior,
Thailand. Kilco Int, UK
Future programs Uplifting Bangladesh as a global scale through exporting.
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Abul Khair Group
Abul Khair Group Limited operates as an industrial conglomerate. The company through its
subsidiaries manufactures and markets condensed milk, beverage, powder milk, edible oil,
juices, tobacco, steel products, cement, and tea. The company was founded in 1953 and is
based in Chittagong, Bangladesh.
Abul Khair Group (AK Group) is a one of the largest Bangladeshi industrial conglomerates.
AK Group was established in 1953 by Abul Khair, a pioneer Industrial leader in the private
sector. The industries under this conglomerate include cement, steel, consumer goods,
tobacco, edible oil etc. Their first business was in the tobacco sector when they produced and
marketed Abul Biri. After a few years, they started expanding their business range to other
business sectors. Now, their professionalism and managerial skills have made them one of
the best and most successful companies in Bangladesh. The most important company of
Abul Khair Group is Abul Khair Condensed Milk and Beverage Industries Limited. They
manufacture, pack and sell powder milk, condensed milk, juice, flavored milk, tea, snacks
and drinks. Abul Khair Group follows the ISO and HACCP standard to each and every word.
Company profile
Aspects of company Description
Year of Establishment 1953
Ownership public
Type of Industry Steel, Consumer goods, Cement, Tobacco
Type of business Manufacturing, Import & Exporting
Headquarter Dhaka, Bangladesh.
Manpower 22000
Key people Mr. Abul Kashem, Managing Director
Revenue US$100 millions
Website AK group
Exporting countries India, Thailand, Hong Kong,Sri Lanka .
Future programs To provide products & services of high &
consistent quality & expand exporting.
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Partex Group is a Bangladeshi industrial conglomerates firm. The industries under this
conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, plastics,
etc. It started modestly in 1959, by pioneer industrialist M A Hashem with tobacco trading.
Now it owns over 25 subsidiaries from tobacco to consumer goods, furniture, textile and the
IT sector. It has split into two groups to improve management of its subsidiaries.
The One Group owns Star Particle Board Mills, Danish Condensed Milk, Danish Food
Products, Danish Milk Bangladesh, Danish Distribution Network, Partex Furniture
Industries, Corvee Maritime, Ferrotechnic Ltd, Rubel Steel Mills, Partex Ltd, Partex
Builders, Partex Agro Ltd, Partex Housing, and Partex Laminates.
The other group, Partex Holdings, under Hashem, owns Amber Cotton Mills, Amber Pulp
and Paper Mills, Partex Beverage, Partex Plastics, Partex Real Estate, Star Vegetable Oil
Mills, Star Coconut Mills, Dhakacom Ltd (ISP), Fotoroma, Partex Spinning, and Danim and
Hashem Corporation (Pvt) Ltd.
Small, medium and large family owned businesses dominate over Bangladesh's $100 billion
($288 billion in PPP GDP) economy, which has been growing at over 5 percent a year since
1995.
Company Profile
Aspects of company Description
Year of Establishment 1959
Ownership Public Type of Industry Foods and Beverages, Steel, Real estate, Furniture,
Agribusiness, Plastics Type of business Manufacturing ,Exporting
Headquarter Dhaka, Bangladesh.
Manpower 10000
Pioneer M A Hashem
Revenue 100 million Taka
Website Partext group
Exporting countries Thailand, Hong Kong ,South Asia etc.
Future programs To increase turnover by 100% in every 5 years.
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Crown Cement
M. I. Cement Factory Ltd. is a public limited company and one of the leading manufacturers
of cement in Bangladesh. On December 31, 1994 it started its journey with the commitment
for providing high quality cement to the country. Its brand "Crown Cement" has own
renowned both at home and abroad. Initially the plant was installed with a capacity of
producing 600tpd (ton per day) of Portland cement. With the passing of time the demand of
Crown Cement increased day by day. Therefore the sponsors expanded the project thrice. By
dint of quality Crown Cement soon gained acceptability both at home and abroad which
raised the necessity for expanding the plant from initial 600tpd (ton per day), 800tpd 2nd
unit in 2002, 1400tpd 3rd unit in 2006 and 3000tpd 4th unit in 2011 thereby raising the
total production capacity to 5800tpd i.e. 1.740 million metric ton per annum.
The company has been listed in Dhaka Stock Exchange and Chittagong Stock Exchange in
2011. Its high growth agenda have been highly appreciated by the shareholders, and have
won investors trust. Its backward and forward integration endeavors have given new
dimensions to its growth platform. With this end in view, the associate industrial units' viz.,
Crown Polymer Bagging Ltd., Crown Power Generation Ltd., Crown Mariners Ltd., Crown
Transportation & Logistics Ltd., Crown Cement Concrete & Building Materials Ltd. have
been set up and are already in operation. The company has also acquired a handy max size
ocean going ship to facilitate transportation of raw materials from abroad. It is hopefully
expected that these new growth platforms will facilitate creation of new dimensions and
frontiers to the mother company M. I. Cement Factory Limited.
Crown Cement pioneered in export of cement in 2003 and paved the way for earning hard-
earned foreign currency. Recently Crown Cement Achieved the National Export Trophy
(Gold) twice for attaining the top most place among the cement exporters in Bangladesh.
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Corporate Profile:
Status: Public Limited Company
Incorporation of the Company:
31st December 1994
Date of Commencement: 31st December 1994
Subscription Open on: 9th January 2011
Subscription closed: 13th January 2011
Listed in Dhaka Stock Exchange:
18th May 2011
Listed in Chittagong Stock Exchange:
5th May 2011
Commercial Production: 13th October, 2000
Nature of Business: Manufacturing and marketing of Ordinary Portland Cement and Portland Composite Cement.
Credit Rating: Entity – AA3 Short Team – ST-2
Authorized Capital: Tk. 500,00,00,000
Paid up Capital: Tk. 100,00,00,000
Man Power: 937 permanent, 516 Casual, 1200 Unskilled Labor
Exporting Countries Northeastern states of India including Tripura, Meghalaya, eastern and western region of Assam.
No. of Shareholders: 93,616
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Square pharmaceuticals ltd.
SQUARE today symbolizes a name – a state of mind. But its journey to the growth and
prosperity has been no bed of roses. From the inception in 1958, it has today burgeoned into
one of the top line conglomerates in Bangladesh. Square Pharmaceuticals Ltd., the flagship
company, is holding the strong leadership position in the pharmaceutical industry of
Bangladesh since 1985 and is now on its way to becoming a high performance global player.
SQUARE Pharmaceuticals Limited is the largest pharmaceutical company in Bangladesh and
it has been continuously in the 1st position among all national and multinational companies
since 1985. It was established in 1958 and converted into a public limited company in 1991.
The sales turnover of SPL was more than Taka 11.46 Billion (US$ 163.71 million) with about
16.43% market share (April 2009– March 2010) having a growth rate of about 16.72%.
SQUARE Pharmaceuticals Limited has extended its range of services towards the highway of
global market. It pioneered exports of medicines from Bangladesh in 1987 and has been
exporting antibiotics and other pharmaceutical products. This extension in business and
services has manifested the credibility of Square Pharmaceuticals Limited.
Aspects of the Company
Description
Status Public Limited Company Year of Establishment (Initially as a Partnership)
1958
Converted into Public Limited Company
1991
Stock Exchange Listing (Dhaka & Chittagong)
1995
Number of Products
More then 400
Number of Manpower
5,290
Authorized Capital
5,000 Million
Paid up Capital
3707.69 million
Business Lines Manufacturing and Marketing of Pharmaceutical Finished Products, Basic Chemicals, AgroVet Products and Pesticide Products.
Awarded ISO-9001 Certificate 1998
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Karnaphuli Fertilizer Company Limited (KAFCO)
Karnaphuli Fertilizer Company Limited (KAFCO) plant is located in Rangadia, Karnaphuli,
Chittagong. It produces and markets high-grade granular Urea and anhydrous Ammonia.
KAFCO is a 100% export oriented international joint venture company founded by support
and shareholding of Bangladesh Government, Bangladesh Chemical Industries Corporation
(BCIC), and Japan International Cooperation Agency (JICA), Marubeni corporation Japan,
Chiyoda Corporation Japan, Haldor Topsoe A/S of Denmark, Industrialization Fund for
Developing countries (IFU) Denmark and stamicarbon by The Netherlands.
Karnafuli Fertilizer Company (KAFCO) is one of the supreme Chemical Engineering oriented
Factory in Bangladesh. It is a joint venture factory of Japan and Bangladesh and the plant is
constructed at Chittagong. It was first incorporated as a public limited company in 1988.
After six years in 1994 the plant was commissioned and went for its first test run. At
preliminary stage of production they had encountered several problems and had to shut
down the plant frequently.
From 1994 to 2000, the company goes on and off. In October 2000, the plant acceptance is
effective. After a few years of cost over run, in financial year 2004-2005, KAFCO achieved
their record production of 685214 MT Urea. From then they have been able to run the plant
with a good margin of profit.
From the beginning of KAFCO, its prime concern is about the safety matters. This company
never compromise in the question of safety and now it has achieved the five star marks from
British Safety Council in 2007 that is the highest level of safety for a company. In Asia, only
TATA of India has such level of safety.
Aspects of the Company
Description
Status Joint Venture Company Year of Establishment
1988
Products
High-grade granular Urea and anhydrous Ammonia
Number of Manpower
1500
Future Programs
To run with a good margin of safety
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ACI Limited
ICI Bangladesh Manufacturers Limited was a subsidiary of world renowned multinational
ICI Plc and was a listed public limited company under Dhaka Stock Exchange. In 1992 ICI
Plc divested its shareholding through a management buyout and the company name was
changed from ICI Bangladesh Manufacturers Limited to Advanced Chemical Industries
(ACI) Limited. ACI Formulations Limited, a subsidiary of ACI, became a public listed
company through direct listing.
ACI has diversified into four major strategic business divisions which include Health Care,
Consumer Brands, Agribusinesses and Retail Chain.
ACI in Brief
Type Public
Industry chemicals, foods, pharma,
consumer products, logistics,
consumer electronics,
automobile services,
communication
Founded 1968
Headquarters Dhaka, Bangladesh
Key people M Anis Ud Dowla, Chairman
Revenue BDT 238 Million
Website www.aci-bd.com
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BEXIMCO
Today the BEXIMCO Group (“BEXIMCO” or the “Group”) is the largest private sector group
in Bangladesh. BEXIMCO was founded in the 1970’s by two brothers – Ahmed Sohail Fasiur
Rahman and Ahmed Salman Fazlur Rahman. Since the early days, the Group has evolved
from being primarily a commodities trading company to a leading, diversified group with a
presence in industry sectors that account for nearly 75% of Bangladesh’s GDP. BEXIMCO’s
corporate mission is “Taking Bangladesh to the world”.
As BEXIMCO has grown over the years, the flagship platform now has operations and
investments across a wide range of industries including textiles, trading, marine food, real
estate development, hospitality, construction, information and communication technologies,
media, ceramics, aviation, pharmaceuticals, financial services and energy. The Group sells its
products and services in the domestic Bangladesh market as well as international markets.
BEXIMCO is the largest employer in the private sector in Bangladesh and employs over
48,000 people worldwide.
BEXIMCO encompasses one of South Asia’s largest vertically integrated textile and garment
companies. The Textile division is a fully integrated manufacturer of cotton and polyester
blended garments for men, women and children, both for domestic and export markets.
BEXIMCO is also the largest exporter of pharmaceuticals in Bangladesh with a presence in
45 countries. The Pharmaceuticals division manufactures and sells generic pharmaceutical
formulation products, active pharmaceutical ingredients (API) and intravenous (IV) fluids.
The Group is also the largest ceramics exporter and has an investment in GMG Airlines, the
largest private commercial airline in Bangladesh and in Unique Hotels & Resorts, which
owns the Westin Hotel in Bangladesh.
State-of-the-art manufacturing plants located in the vicinity of Dhaka provide the Group
with a highly cost effective manufacturing base. A majority of its plants are in the BEXIMCO
Industrial Park, a vertically integrated self-contained facility. This facility provides ready
access to captive power generation, water purification, liquid nitrogen, waste water
treatment and other key infrastructure. The Group’s global clients include some of the
world’s best known brands including BT, BASF, Chevron, Calvin Klein, H&M, JC Penney,
Macys, Zara, UNICEF, Royal Doulton and Villeroy & Boch.
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BEXIMCO is well positioned to capitalize on strong growth across industries in both the
domestic and global markets. Each Group company is managed by an independent,
professional team with significant depth of experience. Management teams have established
a clear strategic plan that will further strengthen the overall platform. BEXIMCO intends to
leverage its market position and global scale, further diversify operations into highly
profitable sectors, capitalize on the domestic growth opportunity and selectively pursue
international opportunities going forward.
BEXIMCO in Brief
Type Public
Industry Textile, Pharmaceuticals,Ceramics, Jute, Aviation
Founded 1972 as Bangladesh Export Import Company
Headquarters Dhaka, Bangladesh.
Key people ASF Rahman (Chairman)
& Salman F Rahman (Deputy Chairman)
Revenue US$ 834 million
BDT 62 billion
Total assets US$ 1.7 billion
BDT 79.2 billion
Employees 48,000
Subsidiaries Beximco Pharma
Bextex
Shinepukur Ceramics
GMG Airlines
The Independent
Independent Television (Bangladesh)
Website www.beximco.com
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Akij Group
History of Akij Group stretches back to later part of the forties. In its infancy, the
Group started in humble way with jute trading which was known as the golden fiber
of the country, earning highest amount of foreign exchange.
The Group has plans for setting up more projects. The projects are already in
pipeline. Foreign investors have shown keen interest in joining with us for joint
ventures. The matter is under our active consideration and will hopefully soon
mature. This will also help the nation’s economy growth and will create job
opportunities to various professionals.
Akij Group is also involved in socio-cultural activities. The Group has been operating
a sizeable orphanage free of charge in district town. The Group has also acquired a
modern mother & children hospital previously owned by Save the Children (UK). The
hospital is being operated as a non-profitable concern by Ad-Din Welfare Trust.
Akij in Brief
Type Public
Industry Textile, Tobacco, Cement, Ceramics, Jute,
Pharmaceuticals
Founded 1940
Headquarters Dhaka, Bangladesh.
Employees 32,000
Website www.akij.net
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Bashundhara Group
Bashundhara Group is one of the most prestigious and experienced commercial and
industrial conglomerates in Bangladesh today. The Group took off from the incipient period
after establishment of East West Property Development (Pvt.) Ltd. a real estate concern,
popularly known as "Bashundhara" which happened to be its first venture in this sector.
Keeping pace with rapid economical and technological changes followed by the policy of
Globalization, Bashundhara Group has outspread their business activities within a short
period of time and have been able to emerge as a promoter of international standard of
business houses and industrial enterprises founded on the principles of engineering and
financial integrity with a group of highly capable technical personnel and professionals.
Since inception, Bashundhara Group has been actively contributing to the national as well as
global economy by way of effective utilization of resources, using raw materials, production
and marketing high quality products at the most competitive prices and creating
employment opportunities
Bashundhara is now operating with fourteen vital enterprises of highly esteemed commercial
and technological superiority having profound degree of specialization in the field of real
estate, industrial ventures and commercial enterprises. Current value of the total assets of
the enterprises of Bashundhara Group would be about Tk. 15000 million equivalent to
approximately US$ 300 million. Total turnover of the business amounts to around Tk.
16000 million equivalent to US$ 325 million.
Presently 8100 people are employed in various enterprises of the group. Besides, through its
multidirectional economic activities, Bashundhara has created employment opportunities to
over 30,000 people.
The linkages to employment and better standard of living are immediate. By providing
employment opportunities to a large number of people, Bashundhara helps in generation of
income which, in turn, would assist in improvement of the quality of life of people in terms of
nutrition, literacy, standard of living and physical and social environment.
Through forward and backward linkage, the enterprises of Bashundhara Group have
encouraged development of various industrial and commercial units in the country. With its
expertise in different fields and extensive human resources, Bashundhara has undertaken
various projects.
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Bashundhara Group
Type Conglomerates
Industry Real Estate Manufacturing
Founded 1987
Headquarters Pushpanjali
Bashundhara Convention Center Road, Dhaka 1229
Bangladesh
Products Cement, Tissue, Media, LPG, Paper, Real Estate, Shopping
Mall, Steel
Employees Over 15000
Website http://www.bashundharagroup.com
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Conclusions:
The industrial sector has historically been the sector that has driven growth as countries
have moved from low to middle-income status. This is because industry can provide high-
wage employment for large numbers of workers and can raise social productivity by
producing high-value goods on a mass scale. Poor countries can earn valuable foreign
exchange by exporting manufactured products and the foreign exchange can be used to
invest in newer machines and technologies so that a rapid move up the technology ladder
becomes possible.
The average productivity of industry is higher than in agriculture or most service-sector
activities, so as people move out of agriculture into industry, gross domestic production
(GDP) increases. That’s why everyone should know about the information of big industries.