...Industrial Enterprise in Bangladesh A Case Study of ‘Ha-Meem Group’ (Clothing Manufacturer) Introduction Compensation is the most important fuctions of human resource management. The present study aimed at exploring differences between the public and private sector industrial enterprises of Bangladesh with respect to overall status of compensation practices. Employee compensation is defined as the all forms of pay or rewards going to employees and arising from their employment. It is important both for employees and employers. Sound compensation can attract, motivate and retain competent employees of an organization. Compensation once determined should not remain same for years. It should be reviewed and changed after certain period through proper pay survey. Ha-Meem Group, a Bangladeshi clothing manufacturer, is leading supplier of readymade garments and denim fabric in the world. They are one of the top clothing companies in Bangladesh. The company produces some of the most fashionable denim fabrics and garment products and owns one of the most comprehensive and resourceful manufacturing facilities in Bangladesh. Moreover as a Bangladeshi clothing manufacturer they have been contributing immensely in the financial growth of the nation. It all started with a garment company in 1984 and two enterprising men Mr. A. K. Azad and Mr. Delwar’s vision to break through in the textile industry and making Ha-Meem Group a leading...
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...1. Background of the report: Bextex 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 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. This company is located at the Beximco Industrial Park. Bextex Ltd. has a state of the art composite knit fabric production mill, which serves the growing needs of high-quality knit garments exporters in Bangladesh. The project was set up as a state of the art knit fabric knitting, dyeing and finishing facility. During the year the Company produced and sold high quality of knit fabrics and bringing forth all the latest in hard and soft technologies in knitting, dyeing and finishing of knit fabric. Bextex Ltd. also has cotton and polyester blended yarn-spinning mill, with 122,000 spindles is one of the largest spinning mills of the country. The mill was set up to feed the country's export oriented industries. Bextex Ltd. produces specialized finishes of denim cloth for export in finished as well as cloth only form. All the academic studies...
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...Chapter-1: Company Overview 1. Company Name & Address: Envoy Group Envoy Tower, 18/E, Lake Circus, Kalabagan, West panthapath, Dhaka-1205 Phone: +880-2-9102583 - 90, Fax: +880-2-9103128 - 29 E-mail: info@envoy-group.com 2. Historical Background: Established in 1984, Envoy Group is a diversified conglomerate with primary focus on ready-made garments and textile manufacturing. Envoy Group has expanded dramatically over the past three decades and built a remarkable distinction as an exporting giant in this challenging part of the world. As an emerging business conglomerate, Envoy Group believes in the wisdom of looking not just around the corner, but over the horizon. Envoy Group has earned unrivaled success in the field of readymade garments, textiles, local and international trading, freight forwarding, information technology, washing plant, real-estate, banking automation, hospitality service and consumer products. The group represents 27 business enterprises and has an annual turnover of USD $220 million with a workforce of 15000. 3. Total Employee: The Group represents 27 business enterprises at present, including 14 garments factories with around 15,000 employees. 4. Stock Exchange: Dhaka & Chittagong stock exchange listed. 5. Company’s Principal: 6. Financial Data: |Particulars |2012-13 |2011-12 |2010-11 |2009-10 |2008-2009 ...
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...its operation in 1997. It was enlisted in Dhaka Stock Exchange & Chittagong Stock Exchange in 2002. The business lines of Square Textile Ltd. are manufacturing and marketing of yarn. Its factory is located in Gazipur , Dhaka. The manufactures 100% Cotton Ring Span Yarn or Hosiery , 100% Cotton OE Rotor For Hosiery and Knit Fabrics for 100% export oriented readymade Garments Industry. The strategic Goals and Objectives of the Company are to strive hard to optimize profit though conduction and transparent business operations and to create more competitive in the internal and external market. In home, customer of Square Textile Limited are export oriented readymade Garments Industry. The Company also exports its products to the market of Europe & USA . The export sells increased by 19% in 2003 over the previous year. Competition level is increasing both in local and abroad market . Competition will be more stiff after 2005 when multifiber agreement will be phaced out. Among the other foreign competitors Srilanka , China Pakistan and India are prominent. Square is one of the biggest employees in Bangladesh. It has a personnel and...
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...Pre-Feasibility Study DENIM JEANS STITCHING UNIT Small and Medium Enterprises Development Authority Government of Pakistan www.smeda.org.pk HEAD OFFICE 6th Floor LDA Plaza Egerton Road, Lahore Tel (042)111 111 456, Fax: (042) 36304926-7 helpdesk@smeda.org.pk REGIONAL OFFICE PUNJAB 8th Floor LDA Plaza, Egerton Road, Lahore. Tel: (042) 111 111 456, Fax: (042) 36370474 helpdesk.punjab@smeda.org.pk REGIONAL OFFICE SINDH 5TH Floor, Bahria Complex II, M.T. Khan Road, Karachi. Tel: (021) 111-111-456 Fax: (021) 35610572 helpdesk.sindh@smeda.org.pk REGIONAL OFFICE KHYBER PAKTUNKHWA Ground Floor State Life Building The Mall, Peshawar. Tel: (091)111 111 456, 9213046-7 Fax: (091) 286908 helpdesk.NWFP@smeda.org.pk REGIONAL OFFICE BALOCHISTAN Bungalow No. 15-A Chamn Housing Scheme Airport Road, Quetta. Tel: (081) 2831623, 2831702 Fax: (081) 2831922 helpdesk.balochistan@smeda.org.pk June, 2010 Pre-Feasibility Study Garments Stitching Unit (Denim Jeans) 1. 2. 3. 4. 4.1. 4.2. 4.3. 4.4. 5. 5.1. 5.2. 5.3. 5.4. 5.5. 5.6. 5.7. 6. 6.1. 7. 7.1. 7.2. 8. 8.1. EXECUTIVE SUMMARY ............................................................................. 4 INTRODUCTION TO SMEDA..................................................................... 5 PURPOSE OF THE DOCUMENT................................................................ 5 CRUCIAL FACTORS AND STEPS IN DECISION MAKING................. 6 STRENGTHS...........................................................
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...Role of SMEs Export Growth in Bangladesh Md Shafiqur Rahman Senior Research Officer, Federation of Bangladesh Chambers of Commerce and Industry Abstract: Small and medium enterprises (SMEs) occupy unique position in most of the countries especially in a developing country. They are a primary target for many countries desiring to stimulate economic growth and development. The SMEs sub-sector plays an increasingly dominant role in the technology assimilation and dissemination and in economic development in Bangladesh as well. The emphasis being put on the SMEs has increased greatly now that the time is coming nearer that Bangladesh will have to document its status of implementing actions to achieve the Millennium Development Goals (MDGs) such as eradication of extreme poverty, sustainable industrial development and developing a global partnership for business competitiveness etc.. This paper attempts to render the fundamental concepts of right choice of export development strategy, and the level and process of problems in SMEs sub-sector. It explores the mode, mechanism and management of export growth for SMEs. 1.0 Introduction In Bangladesh, SMEs playing a significant role for the development of our economy by creating employment opportunity and producing important alternative machines and machinery parts for saving huge foreign currency for our country. So as a part of our development strategy, we should intensify our efforts to develop this sector to grow industrial base...
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...most renounced pharmaceutical companies in Bangladesh. This group inaugurated their journey through Square firm in 1958. This is the first medicine exporting firm in the country. It’s contributing to the national economy by exporting medicine from 1987 to till now. Square group is no longer confined to medicine production. They have diversified their activities. In 1988 they established Square Toiletries. In 1997 they established Square Textiles. In 2000 Square spinning started exporting by satisfying the local market. In 2001 Square group lunched many other firms: Knit Fabrics, Square Fashions Limited, Square Informatics, Square Consumer Product and Square Hospital. Now their total asset is about $200 million. And, yearly investment is about $300 million. The companies of Square Group of Industries are • Square Pharmaceuticals Ltd. • Square Textiles Ltd. • Square Spinning Ltd. • Square Toiletries Ltd. • Square Consumer Products Ltd. • Square Informatix Ltd. • Square Health Products Ltd. • Square Agro Ltd. Square Textile Ltd. started its operation in 1997. It was enlisted in Dhaka Stock Exchange & Chittagong Stock Exchange in 2002. The business lines of Square Textile Ltd. are manufacturing and marketing of yarn. Its factory is located in Gazipur, Dhaka. It manufactures 100% Cotton Ring Span Yarn or Hosiery, 100% Cotton OE Rotor For Hosiery and Knit Fabrics for 100% export oriented readymade Garments Industry. Company Profile The Square Textile is...
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...Pharmaceutical sector in Bangladesh In Bangladesh Pharmaceutical sector is one of the most developed hi tech sector which is contributing in the country’s economy. After the promulgation of Drug Control Ordinance – 1982, the development of this sector was accelerated. This sector is also providing 95% of the total medicine requirement of the local market. In 2000, there were 210 licensed allopathic drug-manufacturing units in the country, out of which only 173 were on active production; others were either closed down on their own or suspended by the licensing authority for drugs due to non compliance to GMP or drug laws. They manufactured about 5,600 brands of medicines in different dosage forms. There were, however, 1,495 wholesale drug license holders and about 37,700 retail drug license holders in Bangladesh. Anti-infective is the largest therapeutic class of locally produced medicinal products, distantly followed by antacids and anti-ulcerates. Top pharmaceutical company 1. Square Pharmaceuticals Ltd. 2. Incepta Pharmaceuticals Ltd. 3. Beximco Pharma ltd. 4. Bio-pharma Ltd. 5. Opsonin Pharma Ltd. 6. Eskayef 7. Renata Pharmaceuticals 8. Acme Pharmaceuticals 9. Aci Pharmaceuticals 10. Aristopharma 11. Drug International 12. Sanofi Aventis 13. Glaxosmithkline 14. Orion pharma bangladesh 15. Novo Nordisk 16. Healthcare Pharmacy 17. Ibn Sina 18. Sandoz 19. Popular Pharmaceutical Ltd. 20. Novartis ...
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...Diesel Report The research initially focused on international denim brands (Levi’s, Pepe jeans, Diesel and Kuyichi), among them Diesel is the less sustainable so Fantastic 5 as a group investigated how this brand could be more sustainable and gain more transparency. Here a brief introduction of the brand. Diesel is an Italian clothing brand founded in 1978 by Renzo Rosso. Diesel started focusing on making high-quality jeans but now it offers a wide range of clothing, accessories, shoes, sunglasses and perfumes. The company is present in over 80 countries with over 5,000 points of sale and more than 300 monobrand stores (200 of which are company-owned and the rest in partnership with local distributors). It has become a symbol of the youth culture worldwide, from a work cloth to a high fashion item. Since the beginning of his career in the fashion industry Renzo Rosso, CEO’s company, aimed to be a leader, he entered the US market when Levi’s was the giant of blue jeans worldwide. He wanted a company that took chances and carved out a niche for itself in its field. He started employing creative and talented people, welcoming international students to enrich the company of different background. He wanted to create the most dynamic and imaginative product available anywhere: he gave his open-minded design team broad stylistic freedom, and their mission was to create an apparel line perfect for independent people. Diesel target is 18-35 age person, fashionable but not victim...
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...Executive Summary I'll Be Denim is an organic denim clothing line headquartered in Los Angeles that currently focuses exclusively on locally producing a slim fit, straight fit, and regular fit line of jeans for men and women. Founded by Elena Horowitz, a retail industry veteran with experiences at JCrew, the Gap, and Levi’s, and James Foster, a serial entrepreneur, the duo is out to bring socially conscious fashion to the masses. Currently selling online and through partnerships with a handful of local boutiques in LA, the company is projecting to sell upwards of $400,000 in year 1 and reaching $750,000 in 3 years. Plans for expansion include setting up distribution and manufacturing relationships in New York, another fashion centric goldmine where the company aims to gain greater market penetration. With an emphasis on environmentally responsible fashion, I’ll Be Denim will also be starting a jeans recycling program where consumers will be able to ship or drop off old pairs of jeans and have them used in the manufacturing process for new ones. Industry research has found that US consumers own on average 7 pairs of jeans and stick to one brand based one one important variable, fit. Given that statistic the company’s designs center around providing the best fit, with a tagline of “denim so good, you’ll never take your clothes off”. To further take advantage of this insight, I’ll Be Denim will be launching a custom tailor option where users will be able to request custom...
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...Administration Prepared By: MD. Mahamudul Bari ID No: 133-060-0-451 MBA in Apparel Merchandising Batch No: 133 Section: E2 Date: 16th August 2014 Title Page Assignment On Marketing Practices of Square Textiles Ltd By MD.Mahamudul Bari ID No: 133-060-0-451 Section E2 BGMEA University of Fashion & Technology ACKNOWLEDGEMENT At the very beginning, I acknowledge the infinite blessing and profound kindness of "Almighty God"- the supreme authority of the universe. I also acknowledge the loving support of my teachers, parents, and friends. I express my honest and sincerest gratitude to the Managing Director Mr. Tapan Chowdhury of Square Group of Industries who assisted me a lot by giving an opportunity for eye opening in this particular sector and extended an all-out support in all respect for writing this report in the most comprehensive manner within the specified time frame. I convey my deepest thanks to my institutional supervisor Md. Idris Ali Assistant Professor for his precious time. I was bound in my theoretical knowledge. It is my first experience to acquire knowledge in the practical field. So, it is natural that there might have some mistakes. For these reasons, I am really sorry and I beg pardon. Finally, numerous thanks and gratitude to the Almighty Allah for paving my way to successfully finish my report making. Sincerely ..............................
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...The export-oriented readymade garments segment of the Textile & Clothing industry in Bangladesh enjoyed a gigantic growth rate in terms of foreign trade for last one and half decade. Bangladesh economy is highly dependent on the export of ready-made garments. Currently more than 6000 RMG units are operating in the country. But the concern for the T&C industry is that about 70% of the fabric requirement is fulfilled by imports. Hardly will you find apparels manufacturers who have their own capacity of producing fabrics. Large-scale producers of fabrics are as well very few in numbers. It is a severe problem for the industry so that after 2004 the global T&C market has been absolutely opened. Quota provisions for LDCs has void. Reasonably the world market will become extremely competitive and low-cost producers will be succeeded. Bangladeshi apparels producers will possibly lose lots of suppliers as because in the quota-free world they would find manufacturing RMG more profitable. So it is a high time for the T&C industry. BEXTEX Limited, the leading textile company in the country is very much willing to take the challenge of global competition. BTL promotes its products directly to the foreign importer of RMG. The company perceives the RMG manufacturing units just as channels to reach the customers. But, it is also valid that BTL has got interests in the well-running of the RMG wing of the Bangladesh industry. All these issues strongly recommend that before confronting the intense...
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...Amazon’s: The Ethical Collection Executive Summary: Amazon.com the online retailer has many different verticals for its ecommerce site. The retailer has set many bars and has many different aspects that make it a heavy hitter in sales on it the ecommerce industry. The vison for Amazon.com 2.0 will consist of incorportaing an ethical brand line extension, The Ethical Collection. Our goal is to inform our shoppers on a environmentally friendly form of shopping for garments and bring awareness so shoppers becoming conscious consumers. Product Description: The Ethical Collection will consist of fairtrade and ethical designers across the country being able to sell their designs on Amazon.com. The collection will allow consumers to shop with an alternative and assortments that are not only favorable for the shopper, but valuable to the world. The Ethical Collection will provide Amazon with a new vertical. This advanced vertical will allow Amazon to reach an entirely new target. Amazon.com belives in a better fashion future. This new collection will provide just that, it will allow the consumers to acknowledge awareness in the fashion industry and the positive impact purchasing consciously can do. The Ethical Collection will be built on six pledges. Be Ethical Provide Ethical fashion to conscious consumers Social commitment Be environmentally friendly Reduce, reuse, recycle Strengthen the fashion cycle Target Segmentation: The target segmentation for the Amazon’s The...
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...Developing Countries: Evidence from Bangladesh M. Hossain Hail Community College, Saudi Arabia, monirulhossain@yahoo.com K. Islam University of Wollongong, mksi747@uow.edu.au J. Andrew University of Wollongong, jandrew@uow.edu.au Publication Details This conference paper was originally published as Hossain, MA, Islam, KS and Andrew, J, Corporate social and environmental disclosure in developing coutries: evidence from Bangladesh, in Proceedings of the Asian Pacific Conference on International Accounting Issues, Hawaii, October 2006. Research Online is the open access institutional repository for the University of Wollongong. For further information contact Manager Repository Services: morgan@uow.edu.au. Corporate Social and Environmental Disclosure in Developing Countries: Evidence from Bangladesh Abstract This is an exploratory study designed to investigate the extent and nature of social and environmental reporting in corporate annual reports. Specifically, we examine the relationship between social and environmental disclosure and several corporate attributes in a developing country, Bangladesh. In order to do this, we have developed and utilized a disclosure index to measure the extent of disclosure made by companies in corporate annual reports. This study reports significant differences in levels of social and environmental disclosure, as measured by the mean values of the social and environmental disclosure index in Bangladesh. This study reports that a very...
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...Section B: Welspun India Industry Analysis – Textile Industry on Global Scale The global apparel and fashion trade is expected to grow to USD1 trillion by 2020. However with growth slowing down in developed markets, the dynamics of the global fashion market are expected to change dramatically. Emerging economies will fuel most of the growth in the fashion market. Brazil, Russian, India & China (BRIC) along with few other South-East Asian countries are seen as the major growth drivers. In addition to this, global apparel markets in the recent past have shown a paradigm shift, moving towards increased product differentiation, and catering to a diverse, aware, and demanding customer base. Retailers have thus gravitated toward demographic shifts, societal influences, economic influence, and environmental concerns. With growth in developed economics cooling, retailers are facing pressure due to restricted consumer spending. Under such conditions the global apparel value chain has shown a distinct shift both at the front- and supply-end. Recent Global Trends in Textile Sector * Increase in textiles and clothing global trade from US$ 355 billion in 2000 to US$ 602 billion in 2010 * Expected to reach US$ 1 trillion by 2020, CAGR of 5% pa. * China, India, Pakistan, Bangladesh, Thailand, Indonesia are leading suppliers and further expanding their capacities. * Established markets (North America, Western Europe) continue to show traction * Emerging markets...
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