REPORT ON Industrial Attachment Beximco Textile Limited

Abstract

Since independence Bangladesh has come a long way, and the Beximco Group of Companies is honored to have had a role in the development of its parent nation. The Group has worked with a simple philosophy; identify an important need and then do everything possible to successfully satiate that need, in a manner, which best facilitates the well being of the nation. As a result Beximco has focussed on those industries, which give Bangladesh a competitive advantage in the global market place in many cases creating the industries for the first time in the region. Presently Beximco Group comprises twenty one companies of which five are listed with the Dhaka Stock Exchange employing over 35,000 personnel and is the largest private sector industrial conglomerate in the nation. . In the course of its growth, it has created industrial and management capabilities that will serve the country for generations to come. It was the first local conglomerate to embrace an international corporate structure which is the foundation of its success. BEXIMCO’s industrial businesses include jute, textiles, basic chemicals, pharmaceuticals, and ceramics Beximco Textiles Ltd. (the “Company”) was incorporated in Bangladesh as a Public Limited Company with limited liability on 8 March 1994 and commenced commercial operation in 1995 and also went into the public issue of shares and debentures in the same year. The shares of the Company are listed in the Dhaka and Chittagong Stock Exchanges of Bangladesh. Bextex Ltd. is the most modern composite mill in the region. Bextex Ltd. has an installed capacity of 299 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. This company is located at the Beximco Industrial Park. Strong business ethics, excellences in business, creating a productive work environment, continuous improvement through sound corporate governance and dynamic employee Engagement have been at the function of the organization to become the leading composite factory in Bangladesh.