UTTARA UNIVERSITY

WELCOME TO MY PRESENTATION

My Presentation topic :

Biography of an Entrepreneur

What is Entrepreneur?

Sheikh Akij Uddin (1929-2006) industrialist, entrepreneur and

social worker.

Early Life:

He was born in the Fultala upazila of Khulna in 1929. His mother's name is Matina Begum. His father Sheikh Mofijuddin was an ordinary local trader and led a very humble life.

Left home Sheikh Akij uddin was the only child of his parents.

Akij was admitted into a school, but used to remain away from the school, as he was required to give time in his father's business. The economic distress of the family led Akij to earn for the family. During the Great Famine of 1942-43, Akij left home and reached Calcutta in search of a job or business.

Obstacles Akij made the Shialdah Railway Station his shelter. He used

to search some kind of work all through the day and at night would return to the platform of the station to sleep using bricks as pillow under his head. One day he got a cleaning job at Zakariya Hotel and that became the point of his rise in fortune.

Akij opened a shop named Nilamwala Chhay Ana where every item kept for sale was six ana only.

Akij was introduced to a Peshawari businessman and with him he went to Peshawar where he stayed about two years.

Continue…..

He returned to Calcutta with a modest capital to start any small business. After, He returned to Calcutta with a modest capital to start any small business. From this business he made a small fortune of about ten thousand Rupee and returned home to meet his parents. Then Akijuddin married Sakhina Khatun at the age of 19, a good time to get married in those days.

Major innovations:

Akij met Bidhu Bhushan, friend of his father, who was then famous for his patent Bidhu Bidi. With his help, Akij started his BIDI (cigarette) production in the year 1952. Alongside, he also established a grocery shop near Bezerdanga rail station. He made profit from both. He branded his bidi as Aakij Bidi. From 1954, he printed label for his bidi. His brand got popularity rapidly. The bidi business flourished unabated. By 1960-62, the manpower of his bidi factory rose to 250 workers. Akijuddin expanded his enterprise to more areas, such as rice, jute, paddy etc.

Achievements:

In 1972, Akij made a substantial capital for greater investment. He' formed an industrial group called Akij Group, Now they have so many factory such us:

Akij Bidi Factory Limited (1950) SAF Industries Limited (1960) Dhaka Tobacco Industries Limited (1966) Akij Printing and Packaging Limited (1974) Akij Transport Agencies Limited (1980) Akij Transport Agencies Limited (1980) Navaron Printing and Packaging Limited (1980) Jess Pharmaceutical Limited (1986) Akij Match Factory Limited (1992)

Continue….. Akij Jute Mills Limited (1994) Akij Cement Company Limited (1995) Akij Textiles Mills Limited (1995) Akij' Particle Board Limited (1996) Akij Housing Limited (1997) Savar Industries Limited (1998) Akij Foods and Beverage Limited (2000) Akij Online Limited (2000) Akij Corporation Limited (2001) Akij Computer Limited (2001) Akij Institute of Technology Limited (2001) Afil Agro Limited (2004), and Afil Paper Mills Limited (2005) etc.About thirty two thousand people work in the Akij business empire.

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