Leader Biography
  • Home
  • Famous Personalities
    • Entreprenuers
    • Humanitarians
    • Actors
    • Artists
    • Politicians
    • Scientists
    • Spiritual Leaders
    • Sports
    • Writers
  • Success Stories
  • Women
  • Quotes
  • Blog
No Result
View All Result
Leader Biography
No Result
View All Result
Leader Biography
Home Success Stories

How the first business family of Bangladesh transformed the country’s landscape

Salman F Rahman (সালমান এফ রহমান)

in Success Stories
0
How the first business family of Bangladesh transformed the country’s landscape
Share on FacebookShare on Twitter

Bangladesh attained independence in 1971 and when they asked for international aid, Henry Kissinger said that the “the place is, and will always be, a basket case.” From that moment to being one of the finest development stories of the current era, Bangladesh has come a long way. The country’s exports and local industries are functioning at constantly improving capacities and they are accelerating on the road to development. The biggest share of credit for their current economic strength goes to the first Business family of Bangladesh: Rahmans.

Salman F Rahman (সালমান এফ রহমান) along with his brother Sohail envisioned a dream of making Bangladesh great. Capitalizing on their business minds, they started out with their family jute mill in 1966. From then to independence, the brothers bought the debt affected setup to a point where it generated profitable revenue. However, nationalization of jute industry in 1971 sealed their mill. The successive year marked the beginning of Beximco.

Salman F Rahman started the company as a seafood exporter. At the same time, pharmaceuticals were named as a priority item throughout the country. Rahman prioritized the country’s needs over his profits and imported pharmaceuticals worth the cost of his export earnings.

The dynamic Bangladeshi businessman was able to contribute, and continue it for the next half decade, to the country’s requirements. However, this constant import was not a solution and thus, he incorporated Beximco Pharmaceuticals in 1976.

The objective was to streamline the local demands of Bangladesh and then, foray into the export market. Gradually, he developed a company with skilled individuals, advanced machinery, and constantly evolving research department to enhance their stand in the industry. As the operations began in 1980, the company was listed on Dhaka Stock Exchange in 1985 and two decades later, it was featured on the London Stock Exchange.

From 1980 to 2005-06, Beximco Group expanded themselves into almost every premier industry of any developed country. Textiles, ceramics, energy, real estate, and many other sectors had running contributions from a fully functioning arm of Beximco. With Salman F Rahman’s vision and determination, the company started to impact the country’s GDP in no time.

Know more about Bangladesh Economic Development.

Tags: Beximco GroupDynamic Businessman In Bangladeshpharmaceuticals companies in bangladeshSalman F RahmanTop companies in Bangladeshসালমান এফ রহমান
Previous Post

Why do hustle and alignment need to co-exist while working in a startup?

Next Post

From Gorakhpur to Lucknow: The incredible journey of Subrata Roy Sahara

Rohan Malhotra

Rohan Malhotra

'Sometimes, motivation is the only push we need. And someone's story might be the one for us.' He works with a travel company. He is an avid reader of biographies & has written over 150 blogs on topics like travelling, biographies & many other.

Next Post
Subrata Roy Sahara

From Gorakhpur to Lucknow: The incredible journey of Subrata Roy Sahara

Virendra Mhaiskar

Virendra D Mhaiskar

ashish_hemrajani

How one drunk text gave birth to Ashish Hemrajani’s Bookmyshow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Reading

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

About Us

Leader Biography provides you with a range of biographical references, and features the work of some of the leading minds in the business. These compelling stories will make you realize that one needs to be self-motivated in order to be inspired.

Follow Us

Featured Post

Rajat Khare

Radheecka Rakesh Garg

Ranveer Allahbadia – YouTuber, Social Media Entrepreneur & a Motivational Speaker

Alexandr Wang – From a college dropout to world’s youngest self-made billionaire

Rohan Nayak – CEO and Co-Founder of Pocket FM

Murali Sreeshankar – National record holder in long jump | Indian athlete

Rajat Khare Investor in Artificial intelligence and Deep Tech Domain 

Recent News

Leader Appoints: Flipkart’s Sandeep Patil joins Truecaller; Vodafone’s Arun Sarin joins Ola Electric

On Board Airbnb, Apple’s highest paid executive Angela Ahrendts spread wings on hospitality biz

Japan to live the OYO Life with Yahoo Japan Corporation

Promoting start-up ecosystem in Kerala: Centre invites start-ups for IT project worth upto Rs 1 crore

14 startups may bag $1 million post successful completion of YES SCALE

Cognizant buys Advanced Technology Group to expand consulting capabilities

  • Leader Biography
  • About
  • Advertise
  • Contribute Us
  • Disclaimer
  • Privacy Policy
  • Contact Us

© 2021 Leader Biography. All Rights Reserved.

No Result
View All Result
  • Home
  • Famous Personalities
    • Entreprenuers
    • Humanitarians
    • Actors
    • Artists
    • Politicians
    • Scientists
    • Spiritual Leaders
    • Sports
    • Writers
  • Success Stories
  • Women
  • Quotes
  • Blog

© 2021 Leader Biography. All Rights Reserved.

Contact Us

×