February 26, 2024
Bangladesh has emerged as a remarkable story of economic growth and development since its inception as an independent country. It has undergone a unique and progressive journey, finding economic strength and empowerment through its textile industry. Bangladesh once heavily dependent on jute exports, at one moment in the history faced a decline in its traditional sector, shifting towards textiles as a primary source of foreign currency. BEXIMCO Group emerged as a market leader during this economic transformation of the nation. It is not only shaping the textile industry but also contributing to the nation's economic growth and social development.
A Legacy of Excellence and Innovation
Founded in the 1970s as a commodity trading company, BEXIMCO Group, under the guidance of the country’s most visionary business personalities, Salman Fazlur Rahman and Ahmed Sohail Fasiur Rahman, has made its footprint in major sectors of the country including textiles, pharmaceuticals, PPE, ceramics, information and communication technologies, media, DTH, financial services, and energy. The Textiles & Apparel Division, which was initiated in 1994, stands tall with a commitment to excellence.
Situated within the BEXIMCO Industrial Park, Beximco Textile Limited, now stands as the role model of a modern textile company in Bangladesh. The company uses a blend of traditional flavours synced with advanced machinery to create high-quality fabrics and clothing that is always on top in the trend market as well as being environmentally friendly.
Beximco Textile Limited is not just a factory; it's an ecosystem of innovation and productivity. With an impressive 288 high-speed air-jet looms in its weaving section and a dyeing and finishing section capable of producing 100,000 yards of finished fabric daily, the scale of operations is distinct from all other textile companies in Bangladesh.
BEXIMCO Industrial Park not only contributes to the economic growth of the country but also plays a key role in improving local employment. Turning ideas into execution, a diverse workforce of 40,000 employees from various nationalities work behind every piece of fabric stitched by the company.
Beximco Textile Limited has several divisions that work together to support its success. The state-of-the-art composite knit fabric production mill is a shining example, catering to the increasing demand for high-quality knit garments in Bangladesh. A cotton and polyester-blended yarn-spinning mill, with an impressive 122,000 spindles, makes it one of the largest spinning mills in the country. This division plays an important role in supporting the export-oriented industries that contribute to Bangladesh's economic growth.
Beximco Textile Limited stands tall as a major contributor to Bangladesh's GDP. With an annual turnover of US$ 500 million, its economic impact has helped it earn fame from far and wide, shaping the nation's economic trajectory. The company's commitment to excellence has become synonymous with a thriving economy.
Sustainability, Innovation, and Global Reach
Beyond the numbers and infrastructure, Beximco Textile Limited sets itself apart through a commitment to sustainability and innovation. As a modern composite mill, it embraces the latest hard and soft technologies in knitting, dyeing, and finishing knit fabric. The company's ideology of maintaining quality with sustainability is highly appreciated by international organizations to monitor standards for businesses.
Quality Assurance: A Pillar of BEXIMCO's Success
The Textiles & Apparel Division's success is not only attributed to its sustainability efforts but also its unmatched focus on quality assurance. Modernizing its operations with a composite mill equipped with high-tech machinery, air-jet looms, and advanced finishing processes, the division ensures the production of high-quality textiles.
Embracing the 3P’s Triple Concept for Sustainable Textile Production
By understanding the pillars of sustainability – people, planet, and profit, BEXIMCO Group advocates for a comprehensive approach to responsible textile production. Also by combining modernity with a sustainable mindset, the company aims to meet customer demands, generate profits, and safeguard the environment.
Conclusion: Weaving a Sustainable Legacy
Beximco Textile Limited is not just a textile giant; it's a force moving Bangladesh's economic trend. Through substantial GDP contributions, sustainable practices, and empowering women in its workforce, Beximco Textile weaves a narrative of comprehensive progress. As a publicly listed entity, its commitment to quality and responsible business practices has helped in shaping a sustainable legacy for Bangladesh's textile industry..
