Akij group
Download as DOCX, PDF1 like1,720 views
Akij Group is one of the largest conglomerates in Bangladesh, founded in the 1940s by Sheikh Akijuddin as a jute trading business. It has since expanded into various industries such as textiles, tobacco, food and beverage, cement, and pharmaceuticals. Sheikh Akijuddin came from a humble background and worked to support his family from a young age. In 2009, Akij Group had a turnover of 89 billion Taka and was Bangladesh's largest taxpayer, contributing 2% to the national budget. Its vision is to become an international market leader through competitive strategies and quality products across its diverse industries.
Akij group
- 1. ORGANIZATION’SPROFILE: Akij Group is one of the largest Bangladeshi industrial conglomerates. The industries under this conglomerate include textiles, tobacco, food & beverage, cement, ceramics, printing and packaging, pharmaceuticals, consumer products etc. ORGANIZATION’SBACKGROUND& HISTORY: Akij Group was established in the 1940s by industrialist Sheikh Akijuddin as a jute trading business, before moving into cigarettes and other areas of business. It has faced criticism for employing child workers.In August 2018, Japan Tobaccoacquires Akij's tobacco business for US$1.5 billion. Founded:In 1940 FOUNDER:Sheikh Akijuddin (1929-2006)
- 2. ABOUT HIM: An industrialist, entrepreneur and social worker, SK. AKIJ UDDIN was born in the village Madhyadanga under Fultala upazila of Khulna in 1929. His mother’s name is Matina Begum. His father Sheikh Mofijuddin was an ordinary local trader and led a very humble life. Sheikh Akijuddin was the only child of his parents as his father was also the only sonofhis grandparents. Akij was admitted into a school, butused to remain away from the school, as he was required to give time in his father’s business. The economic distress of the family led Akij to earn for the family. INDUSTRY& PRODUCT’S: PRODUCT’S Akij Food & Beverage Ltd. (AFBL) Akij Corporation Ltd. (Dhaka Tobaco) Printing & packaging. Jute mills, Textiles. Particle boards. Matches, Zarda. Cement. Pharmaceutical. INDUSTRY Akij Plastics Limited. Akij Cables limited. Abrar Tours and Travels Ad-din Foundation Akij Automotive Industry Akij Biri FactoryLtd.
- 3. Akij Cement Company Ltd. Akij Ceramics Company Ltd. Akij Computer Ltd. Akij Corporation Limited Akij Food & Beverage Ltd. Akij Foundation School& College. Akij Gas Company Ltd. Akij Gas Station Ltd. Akij Hotel and Resorts Akij Institute of Technology Akij Jute Mills Ltd. Akij Match Factory Ltd. Akij Motors Akij Particle Board Mills Ltd. Akij Pharmaceuticals Ltd. Akij Printing & Packaging Ltd Akij Real Estate Ltd. Akij Securities Ltd. Akij Textile Mills Ltd. Akij Wildlife Farm Limited Akij Zarda Factory Ltd. Dhaka Tobacco Industries S.A.F Industries Ltd. Akij Foundation Schooland College (Uttara, Manikganj, and Mohammadpur) Akij Rice Mill Industry Akij Flour Mill Industry Akij Ceramics Ltd. Akij BIAX Films Limited. REVENUE According to ’’Wikipedia’’ In 2009, Akij Group paid 390 million euros in tax, making it the biggest local tax-payer, contributing two per cent to this nation's entire budget. Akij also provides services in healthcare, information and communication technology. Its turnover in 2009 was 89 billion Taka. Missionand vision of Akijgroup of industries: In this era of mass production, as it is very hard to stand out with one product, Akij Group focuses on making the best in all sectors. Any company’s vision is actually the dream to which the company always strives to reach where it may
- 4. become possible or not. Akij Group is not something different. Expanding the business in the abroad and becoming one of the market leaders internationally are the visions of Akij Group. The mission of Akij Group is to be the market leader through their best effort, suitable and competitive marketing strategy and the consumers support. Nowthey are in the position of challenger and their vision focuses onthose missions, goals and objectives which will make them able to be the leader from the challenger to the leader in the market.