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Made in Bangladesh

Article - November 13, 2012
BEXIMCO's myriad activities have been instrumental in Bangladesh's socio-economic development and as the company's motto says, they are "taking Bangladesh to the world"

BEXIMCO’s activities span a wide scope of sectors. Although its main focus lies in textiles, pharmaceuticals, ceramics, real estate, construction, marine foods, and trading, the conglomerate is also involved aviation, hospitality, financial services and various other business lines.

Provider of fine materials for the world’s leading clothing brands BEXIMCO covers 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 Textile (Bextex) encompasses the full range of textile manufacturing operations starting from spinning to finishing garments. It is the golden goose of BEXIMCO Group. Although Bextex was set up in 1984, it didn’t begin production until 1990. Two years later, it was listed on the Dhaka Stock Exchange. 
Located inside the BEXIMCO industrial park, Bextex supplies 44 million garments to international buyers every year.

A Bextex factory worker earns $110 a month on average, higher than Bangladesh’s minimum wage, which is $43.

The group plans to expand the textiles business through capacity additions. Post-expansion, the annual capacity of knit fabric is expected to increase to 80 million pounds from 11 million pounds currently, and the annual capacity of apparel knits is expected to reach 145 million pieces from 20 million pieces.

The group’s global clients are blue chip brands like Zara, one of the world’s largest international fashion companies, and Cal-vin Klein, a globally leading fashion design and marketing studio, among others.

Exporter of pharmaceuticals to 45 countries 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. Beximco Pharma’s product portfolio includes a variety of therapeutic areas, such as analgesics, antibiotics, cardiovascular, central nervous system, dermatology, gastroenterology, and respiratory. It also has contract manufacturing agreements with global pharmaceutical firms. 

The group plans to expand manufacturing capacities in value added products such as inhalers, eye drops and sprays. Targeted global expansion areas include the Middle East, the European Union, Latin America, USA, Australia, and New Zealand.

Beximco Pharma is the largest manufacturer of metered dose inhalers and the only company in Asia from whom GSK has outsourced manufacturing of its major brand Ventolin.

The largest ceramics exporter in Bangladesh BEXIMCO’s ceramics division, Shinepukur Ceramics Ltd., was established in 1997 and is the largest ceramics exporter in Bangladesh. The company produces 15 metric tons (MT) per day of high quality porcelain and 3MT per day of bone china tableware; however, the group plans to expand bone china capacity by 4.5MT per day. The manufacturing facilities are equipped with state-of-the-art testing and quality control laboratory facilities, decal and carton packaging plants, a modeling unit and a gas based captive power plant, and the best effluent discharge mechanisms.

For the upper echelons of the global tabletop industry, Shinepukur produces world-class bone china, using only top quality raw materials, sourced by highly reputed suppliers from all corners of the globe. These are meticulously crafted and transformed into exquisite bone china tabletop, mirroring a unique blend of eye-catching shapes, enviable translucency, durability, all of it with a lead and cadmium-free glaze.

Leadership in a variety of diversified activitiesBEXIMCO is one of the leading real estate developers in Bangladesh with a large, high-quality land bank in and around Dhaka. For years, it has been an industrial leader and innovative construction firm, exclusively serving the needs of the construction industry in a world of rapidly changing technology.

The company also has a presence across the value chain from culturing, processing, packaging, and selling marine food products. BEXIMCO has over 1,000 acres of land with best-in-class infrastructure in this segment, and plans to enter the deep-sea fishing business and value added production, including ready-to-eat and ready-to-cook products.

The group capitalizes on its industry knowledge and identifies market opportunities in actively traded commodities. 

Setting world-class standards in broadcasting The group is a leading provider of banking and general-purpose software and high speed Internet services in Bangladesh. It has a high quality customer base supported by long-term contracts and services over 750 bank branches in Bangladesh. 

BEXIMCO also owns Independent Television, a 24-hour Bangla news channel that presents a full spectrum of news and analysis to its viewers. It is one of the first in Bangladesh that transmits in MPEG 4 compression format and is HD ready. It also has a tapeless workflow and all housed in a purpose-built facility. BEXIMCO invested $10 million into the ITV project, which is today the most technologically advanced electronic platform in Bangladesh.

BEXIMCO’s newspaper, The Independent, is a leading English language daily in Bangladesh and the only newspaper to have all 32 color pages. Its weekly supplements include Young and Independent, Faith, The Weekend Independent Magazine and Dhaka Live (daily).

A broad array of exportable business and industrial activities have transformed BEXIMCO into one of Bangladesh’s most global brands, while at the same time, making it one of the country’s most important contributors to social and economic development.