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Its main corporate units are Paradise Cable Limited (PCL), SBS Cables Ltd and Paradise Spinning Mills Ltd. Paradise Cables is the leading [peacock prose] manufacturer of all types of wires, cables and conductors in Bangladesh. The group started its business with textiles and trading, and later diversified into wire and cable manufacturing.
After the Independence of Bangladesh, Gazi Wires was nationalised in 1972 by the Government of Bangladesh. It was placed under the management of Bangladesh Steel and Engineering Corporation. Gazi wires produces various types of copper wires. [4] The factory Gazi wires was heavily damaged by the 1991 Bangladesh cyclone and subsequent flooding. [5]
Eastern Cables Limited was established in 1967 in Patenga, Chittagong and commercial production began on 1 March 1971. [6] It was listed in the stock exchange in 1986. In 2008, Bangladesh governments attempts to privatize Atlas Bangladesh, Eastern Cables, National Tubes, and Usmania Glass Sheet Factory were stopped after employees of companies challenged the decision in court.
The steel industry is an established and growing industry in Bangladesh. Predominantly based in the port city of Chittagong, the industry has emerged as a major contributor to the national economy. According to the experts, the growth of steel industry in Bangladesh is mainly induced by the rapid expansion of the country's shipbuilding and real ...
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In 1976 trading restarted in Bangladesh, and DSE was started on 16 September 1986. The formula for calculating DSE all share price index was changed according to IFC on 1 November 1993. The automated trading was initiated on 10 August 1998 and started on 1 January 2001.
Bangladesh Cable Shilpa Limited or BCSL is a state owned company of the Government of Bangladesh, [1] [2] located on the bank of the Bhairab River in the Shiromoni Industrial Area of Khulna City. History
The Bangladesh Small and Cottage Industry Corporation (BSCIC) is the official body which monitors the development of self-employment, cottage industries and small enterprises. It produces statistics on the types of enterprises, their activities and the number of people employed.