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Home > BusinessWorld > Company Profile > Beximco Group  

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Second Issue : November 15, 2000

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Beximco Group


Beximco Group is supposed to be Bangladesh's largest private sector industrial enterprise. It has targeted the industries the country needs most for progress and improved living standards. Beximco is also focused on those industries, which make the most of Bangladesh's competitive advantages in the international market. Through its ongoing growth, it has created industrial and management capabilities that will serve the country for generations. BEXIMCO's industrial sector include jute, textiles, basic chemicals and pharmaceuticals and marine foods. Non-industrial undertakings are focused on real estate and construction, engineering, media, information technology, trading and financial services.

BEXIMCO Textile Division consisting of 7 industries having the capability to offer a complete product range for the export and domestic textile markets. BEXIMCO Textiles Ltd. (BTL) is the most modern composite mill in the region. BTL has an installed capacity of 288 high-speed air-jet looms in its weaving section and a high-tech dyeing and finishing section with a capacity of 100,000 yards of finished fabric per day. BEXIMCO Knitting Ltd. is a state of the art composite knit fabric production mill, which serves the growing needs of high-quality knit garments exporters in Bangladesh. BEXIMCO Denims Ltd. was set up to capitalize on Bangladesh's growing volume of high-value-added niche garments. BEXIMCO Fashions Ltd., a 100% export oriented garments factory is located in the Dhaka Export Processing Zone at Savar. Padma Textile Mills Ltd. a cotton and polyester blended yarn-spinning mill, with 122,000 spindles is one of the largest spinning mills of the country. BEXIMCO Synthetics Ltd. is a polyester filament yarn and drawn texturized yarn (DTY) production unit located near the BEXIMCO Industrial Park. BEXIMCO Apparels Ltd. is another 100% export oriented garments factory of the Beximco Textiles Division. It specializes in women's tops and men's shirts.

Beximco Pharmaceuticals Ltd. (BPL), is the leading pharmaceutical manufacturer in the country. BPL manufactures and markets a high quality and cost-effective formulations covering all major therapeutic groups. Products are made under license of Upjohn Incorporated, USA followed. After its initial years of struggle it broke ground with the launching of its own products in 1983. Today, BPL holds a 15% share in the domestic market after competing with such Multinational Giants as Glaxo Welcome, Novartis, Hoecsht, Rhone Poulenc Rorer, Fisons etc.

Beximco Infusions Ltd., another wing of the Chemical Division went into production in July 1993 with an annual production capacity of 6 million bottles of life saving I.V. fluids.

Pharmatek Chemicals Ltd. is the leading bulk producer of paracetamol in Bangladesh. It caters to almost 60% of the local market and supplies its products to both national and multinational companies operating in Bangladesh.

I & I Services Ltd. is the distribution wing of the Chemical Division. It maintains a large distribution network and covers 20,000 customers nationwide.

BEXIMCO Jute Division is the world's largest jute yarn and twine manufacturer and exporter with 12% of the world jute yarn and twine trade. Annual Exports are currently over 20,000 MT. BEXIMCO was the pioneer in manufacturing specialized jute yarn and twine for Axminister carpet and continues to explore new product and market opportunities worldwide.

Shinepukur Holdings Real Estate Division began with a mission to segment the real-estate market and develop demographically specific housing projects. Its Manoshi lake view project is a landmark. It offers a prime location and dependable construction quality at a fraction of the costs of other developers' offerings.

BEXIMCO Engineering Ltd. (BEL) has been providing high quality civil engineering and consulting services to both the government and the private sector for over a decade. It was the largest sub-contractor of the historic Jamuna Bridge. The firm is also involved in a number of road development and infrastructure projects.

The move of Beximco Fisheries Ltd. towards higher-yielding varieties of marine foods is another example of an innovative approach to doing things better. It nurtures a pilot project in the coastal Cox's Bazzar.

BEXIMCO Trading Division represents some of the world's best companies. With a brand portfolio that includes Wartsilla SA (generation equipment), Arjo Wiggins (security & treasury papers) of France, and DuPont Inc. (chemicals), Sterling Diagnostic Imaging Inc. (film products) and Valvoline Inc. (petroleum products and industrial lubricants) of the USA. The Trading Division also represents overseas marine food buyers by acting as a sourcing agent on their behalf and providing quality-control and inspection services.

BEXIMCO Media is the owner of The daily Independent and Mukto Kantho, the dailies well-respected by readers all over the country. BEXIMCO Media's magazines, the fortnightly Ananda Bhuban, Shaili and the weekly Onnyesha are proving a hit with an increasing number of readers. BEXIMCO has also launched a news agency called Associated Press of Bangladesh to provide up-to-date and accurate news-feeds to the Bangladeshi press.

Beximco has a firm position on the Information Superhighway. Beximco Computers Ltd. is still the nation's largest volume re-seller of IBM PCs and has also teamed up with HCL-HP of India to exclusively market HCL PCs in Bangladesh. Its software client portfolio continues to include an increasing number of blue-chip companies and organizations, including a number of "mission critical" applications in several Government Departments. With the launch of a new version of BexiBank, an integrated multi-user, multi-tasking banking application system, Beximco Computer Ltd.'s software is in use at over 300 branches of 15 major banks nationwide.

Beximco's first venture into education, Beximco Systems Ltd. is a joint collaboration with NIIT, the largest information technology institute of India. Modeled after NIIT's highly successful training centers across India, the NIIT Centers in Bangladesh have the highest growth rate of any NIIT facility for enrollment levels in its short courses and degree programs.

Bangladesh Online Ltd. (BOL), Beximco's Internet company, has the fastest access among ISPs in Bangladesh via 116 lines @33.6 kbps. BOL offers a complete range of Internet services including, 24 hours a day, 365 days a year live technical support, Complete on-site installation and user training, Simplified one click instant login, Unlimited e-mail, Unlimited web browsing, Internet news containing hundreds of the most popular newsgroups, Local video conferencing, Game server for high speed, 24 hours interactive gaming on BOL Gaming Zone (BGZ), Massive FTP site full of the hottest free games & software, Interactive chat exclusive for BOL members, and a Full service web site containing links to valuable information, powerful members tools, cool demos & help files. It's Email to Fax Service saves costs on Faxing as well.

Shinepukur Ceramics in collaboration with NIKKO, a premier Japanese Company, manufactures and markets high quality porcelain and Bone china tableware . It promotes elegance and distinction for both international and local users of tableware. All of its products are manufactured under strict international quality control guidelines.


   
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