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The conglomerate in Bangladesh, BEXIMCO Group, is a big name even at the global level. Across different countries, Sohail F Rahman along with his brother Salman F Rahman has expanded it. This expansion has been strategic ever since the emergence of the group during the 1970s. The founder of the conglomerate began it with a clear and strong vision.
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SOHAIL F RAHMAN’S EFFECTIVE STRATEGIES TO GLOBALLY EXPAND BEXIMCO GROUP
The conglomerate in Bangladesh, BEXIMCO Group, is a big name even at the global level. Across different countries, Sohail F Rahman along with his brother Salman F Rahman has expanded it. This expansion has been strategic ever since the emergence of the group during the 1970s. The founder of the conglomerate began it with a clear and strong vision. Aiming to take Bangladesh to the world, he employed various strategies. The company continues to leave a global footprint as its expansion is observed. Ranging from alliances and product quality to the setting up of the BEXIMCO Industrial Park, the approaches have been visibly impactful.
Alliances and Partnerships of BEXIMCO • BEXIMCO Group by Ahmed Sohail Fasiur Rahman entered partnerships/alliances to broaden its operations and reach. This strategy was exercised for different verticals, ranging from pharmaceuticals to textiles. Hence, the growth of all of these has been observed.
Collaborations for Entries in Pharma Markets • The division, Beximco Pharmaceuticals, collaborated with top companies or bodies across the globe. This helped in accessing licensing agreements. Following this, it produced generic drugs. These medicines paved the way to enter markets internationally, mainly in Europe and North America. Sohail F Rahman’s strategy, thus, led to new milestones for this division.
To Conclude, • Indeed, Sohail F Rahman is a visionary businessman, notable for his expansion strategies for BEXIMCO Group. These have been transformative in making the company a big name globally and have certainly taken Bangladesh to the world. Besides, the approaches have been innovative and sustainable. With each forward-thinking move, Mr. Rahman’s conglomerate has excelled in the international markets.