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Bangladesh Economic & Infrastructure Development - Updates & Discussions

Someone kept complaining about vanity projects. All I see is things that help to increase growth and productivity whilst ppl are becoming uplifted.

Yes productive projects built with people's remittance money and entrepreneurs' export proceeds.

None of which Hasina had any hand in getting, only thing she and her cohorts did was loot money as percentage.
 
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Walton returns to profit in Q1​


Walton Hi-Tech Industries PLC saw its profits bounce back in the first quarter of the current fiscal year mainly due to lower finance costs.

Walton, a powerhouse in the local market for consumer electronics, logged profits of Tk 202 crore in the July-September period of 2023-24. It incurred losses of Tk 46 crore during the same period the previous year.

Subsequently, its earnings per share stood at Tk 6.67 in the quarter while it was Tk 1.52 in the negative previously.

The company's directors approved its quarterly financial report at a board meeting yesterday.

In a disclosure, Walton said finance costs in the July-September period were significantly lower thanks to the slower depreciation of the taka against foreign currencies such as the US dollar and the euro.

The company suffered foreign currency losses amounting to Tk 1.89 crore in the first quarter. It was Tk 262.46 crore during the corresponding period of 2022.

Walton's shares traded at Tk 1,047 on the Dhaka Stock Exchange yesterday.
 
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Yes productive projects built with people's remittance money and entrepreneurs' export proceeds.

None of which Hasina had any hand in getting, only thing she and her cohorts did was loot money as percentage.

So China, development loans from this financier had nothing to do with? Also Chinese contractors?

There is a certain way that things work? Unfortunately, I hate it myself. What ever gov and which country it is, there skimming from UK - south korean to us.
 
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Walton returns to profit in Q1​


Walton Hi-Tech Industries PLC saw its profits bounce back in the first quarter of the current fiscal year mainly due to lower finance costs.

Walton, a powerhouse in the local market for consumer electronics, logged profits of Tk 202 crore in the July-September period of 2023-24. It incurred losses of Tk 46 crore during the same period the previous year.

Subsequently, its earnings per share stood at Tk 6.67 in the quarter while it was Tk 1.52 in the negative previously.

The company's directors approved its quarterly financial report at a board meeting yesterday.

In a disclosure, Walton said finance costs in the July-September period were significantly lower thanks to the slower depreciation of the taka against foreign currencies such as the US dollar and the euro.

The company suffered foreign currency losses amounting to Tk 1.89 crore in the first quarter. It was Tk 262.46 crore during the corresponding period of 2022.

Walton's shares traded at Tk 1,047 on the Dhaka Stock Exchange yesterday.
Walton is our future Samsung :-) I pray to God that the owner of Walton is not Hasina's pet dog.:unsure:
 
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So China, development loans from this financier had nothing to do with? Also Chinese contractors?

There is a certain way that things work? Unfortunately, I hate it myself. What ever gov and which country it is, there skimming from UK - south korean to us.

Unlike India, Bangladesh is mostly getting a plethora of low value addition jobs because our entrepreneurs invest in these industries (apparel, shoes, toys and other lower low-skilled and low-value addition industries).

We are a third world country and have expertise largely of the same caliber.

Most of our people are poor and are doing these low value addition low skill jobs (easy to get jobs) to support their families.

As a result you see these poor people getting a leg up economically, that factor is more visible.

But explain what you mean as your question is not clear.
 
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New builds at Western Marine in Chittagong. These guys have been busy!

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6500 DWT Oil Tanker for Foreign Customer
1698458199918.png

  • Length Overall: 109.65 m
  • Length (B.P): 105.00 m
  • Breadth Molded: 18.00 m
  • Depth Molded: 8.40 m
  • Design Draft: 5.70m
  • Complement: 18 Persons
  • Main Engine: 3030Kw at 750RPM
  • Trial Speed: 12 Knots
  • Cargo Oil: 6100T @ 0.83Specific Gravity
  • Carriage: Diesel Oil
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Series of Fishing Trawlers (47m Length) for local customer
1698458336782.png


1698458892836.png


Western marine has built some smaller 40m Trawlers for JK before, they look like this,

1698469953523.png

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The much-delayed Norwegian Large Fishing Trawler (Length 80m) build
L.O: 80.30m B.M: 17.00m
Depth: 9.60m Draught: 8.10m RSW Tanks: 3250m3 F.O: 430m3

Current status
1698458512929.png


How it will look when completed
1698458577333.png


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Landing Craft Tank for the Army (two under build program)
L.O: 68.50m B.M: 12.50m
Depth: 3.50m Draught: 1.80m D.W.T: 602
1698458654897.png

1698458675499.png
 
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Jackets made in Bangladesh now heading to South America (Mexico, Chile and Colombia). These non-traditional markets are now mainstays of Bangladesh exports.


Adamjee EPZ is now replacing the Adamjee Jute Mills grounds in Narayanganj. Several unusual items are made there besides general apparel such as Ladies' underwear, bridalwear, Organic photoconductor drum (OPC) for Korean Toner cartridges, Seat covers (including for Airbag) for Honda vehicles, Advance sports apparel made from Toray fabric (Lululemon type). The revival and re-igniting of value addition in the formerly failed (loss-incurring) Jute mill is a lesson for all LDC countries.

 
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Pomelo production yield has increased this year in Rangamati area. Around 21 crore in all.

 
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Jackets made in Bangladesh now heading to South America (Mexico, Chile and Colombia). These non-traditional markets are now mainstays of Bangladesh exports.


Adamjee EPZ is now replacing the Adamjee Jute Mills grounds in Narayanganj. Several unusual items are made there besides general apparel such as Ladies' underwear, bridalwear, Organic photoconductor drum (OPC) for Korean Toner cartridges, Seat covers (including for Airbag) for Honda vehicles, Advance sports apparel made from Toray fabric (Lululemon type). The revival and re-igniting of value addition in the formerly failed Jote mill is a lesson for all LDC countries.

How can we revive the jute industry? It used to be the largest foreign exchange earning industry in the whole Pakistan.
 
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How can we revive the jute industry? It used to be the largest foreign exchange earning industry in the whole Pakistan.

You can't. The market for Jute (hessian bags) has gone over to poly propylene bags to store/transport grain and fertilizer.

Jute is primarily limited to being used now as,

a) stuffing for sofas, car seats (along with coconut coir matting) and

b) also for geo textiles.

Those are the primary uses.

They made an attempt to modify feel/hand of jute fiber to soften it for use in wearable textiles, but the cost is too high to produce compared to cotton.
 
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Commitment towards sustainability at the heart of HATIL Furniture: Company Secretary Md. Rezaul Karim​

  • UNB NEWS
  • PUBLISH- NOVEMBER 02, 2023, 12:41 PM
  • FAIAZE IBNE KABIR
  • UPDATE- NOVEMBER 02, 2023, 01:14 PM
Commitment towards sustainability at the heart of HATIL: Company Secretary Md. Rezaul Karim

HATIL's Company Secretary Md. Rezaul Karim's exclusive interview with UNB

Company Secretary of HATIL, Md. Rezaul Karim ndc, has affirmed that the renowned furniture brand is firmly dedicated to working towards its sustainability commitment to the environment.

“When we talk about a sustainable industry, there are some criteria to ascertain whether the company or the industry is sustainable. The first criterion is environmental sustainability, which includes practices like sustainable sourcing, recycling and reusing of waste,” Md. Rezaul Karim ndc, told UNB during an exclusive interview.

During the interview, the HATIL Company Secretary shared his deep admiration for the nation’s foremost furniture brand, shed light on the brand’s path to sustainability, and a glimpse into its sustainable practices.

One of the most notable sustainable practices at HATIL revolves around the sourcing of one of its most vital raw materials: wood.

“HATIL is committed to sustainability in terms of sourcing raw materials from overseas. For example, we don’t use local timber to manufacture our furniture as quality wood is not available. Initially, we used to source oak wood from Forest Stewardship Council (FSC) certified forests in Canada. Now, we source FSC-certified Beech wood from Germany and pine wood from Spain. Our use of FSC-certified wood aligns with our commitment to environmental preservation,” Md. Rezaul Karim ndc, said. At the same time, HATIL is reducing deforestation in Bangladesh where forests are below minimum standards.

A product being certified by the Forest Stewardship Council means it meets the “gold standard” of ethical production.

An FSC-certified forest, from where HATIL sources its wood, means that the forest is being managed in a way that preserves biodiversity and benefits the lives of local people and workers, while ensuring economic viability, according to the Forest Stewardship Council website.

Read more: HATIL’s ‘slim is smart’ has global appeal: Marketing Director Moshiur Rahman

‘REDUCE WASTE, MAXIMIZE PRODUCTIVITY’

One of HATIL’s key strategies to achieve maximum efficiency is embodied by the motto: “Reduce waste, maximize productivity.”
But how does HATIL do that?

“Well, if we want to reduce waste, we need to introduce better technologies, in other words, better machinery which would, in turn, enhance our overall productivity. The process also included recycling and reusing the waste,” the HATIL company secretary said.
He also provided some insights into HATIL’s recycling and reuse policy to reduce waste.

“For example, we have installed a Coral Anti-pollution System to collect dust in HATIL. We collect dust from every piece of machinery. Then we recycle it and turn it into briquettes. We use the briquettes as fuel for our Thermo fluid heater,” he said, adding, “This is one of the examples of how we recycle our waste and reuse it in HATIL.”

HATIL also recycles and uses wood offcuts to manufacture particle boards, he added.

Karim stressed the need to cease actions that harm the environment.

“This holds true for the furniture industry as well. We must ensure that we are not contributing to deforestation in any manner, and we should strive to minimize our wood usage as much as possible,” he added.

Read more: Commitment to quality behind HATIL’s success: Director Mahfuzur Rahman
 HATIL Rezaul Karim interview

Md. Rezaul Karim ndc, Company Secretary of HATIL

COMMITTED TO ENSURE EMPLOYEE WELL-BEING

HATIL is always dedicated to ensuring the well-being of its employees, said Md. Rezaul Karim ndc.

“We provide competitive salary packages and enhanced retirement benefits. We consistently pay our workers on time and offer comprehensive healthcare support in the event of a workplace accident," he told UNB.

Being the country’s biggest furniture brand, HATIL also respects its commitment towards economic sustainability, according to the company secretary.

“In terms of economic sustainability, HATIL is fully compliant with tax and VAT payments. We adhere to and obtain all the international and national licenses and certifications necessary for conducting business. We are also contributing to the country’s overall economic growth,” he added.

Apart from the company’s commitment towards environmental sustainability, HATIL is also committed to promoting and continuing its sustainable practices towards the society and economy, emphasised the company secretary.

HATIL has a ‘zero-tolerance’ policy towards child labour and promotes gender inclusivity in its workplace, Md. Rezaul Karim added.

Read more: Bangladeshi furniture industry needs reforms to reach its full potential: HATIL Chairman Selim H. Rahman

FOUNDING CHAIRMAN’S VISION BEHIND HATIL’S ASTRONOMICAL RISE

For Md. Rezaul Karim ndc, it was the late Al-Hajj Habibur Rahman, the founding chairman of H.A. Timbers Industries Limited and his son Selim H Rahman, the current chairman of HATIL, whose vision and commitment to innovation led HATIL Complex Ltd to its current position.

“He was a visionary man with a great reputation,” Karim said about the founding chairman.

“Habibur Rahman was a leader who always thought of everyone, not just about himself. His vision was ‘us’ not ‘me’. He believed in collective development,” said the company secretary.

“One thing I would like to mention is that our founding chairman was not only a visionary businessman but also a good father and a good mentor. He mentored five of his sons and provided hands-on training on how to do business, how to earn money, and how to spend money,” he said.

Meanwhile, since the inception of HATIL under the leadership of Selim H Rahman, the company has achieved new heights, driven by his unwavering commitment to diversification and innovation, highlighted by the company secretary.

Selim H Rahman, from the early days of his involvement with H.A. Timbers Industries Limited, was driven by a desire to diversify the business beyond timber.

With his father’s approval, he ventured into door frames and doors, which drew significant attention from traditional timber customers.
The introduction of ready-made products piqued customer interest, eventually leading to the establishment of HATIL as we know it today.
“Selim H Rahman initially started with a small team of 6-7 staff and took on multiple roles, managing operations, production, and marketing single-handedly,” said Karim.

The structure of families was transitioning from large and extended to nuclear families who were shifting into small apartments in Dhaka. With this transition, there was a growing demand for furniture,” he said, adding, “Responding to changing preferences, the current chairman, Selim H Rahman, introduced a ‘slim is smart’ design approach tailored to apartment living, shifting from traditional and bulky furniture to minimalistic and space-efficient styles.”

 HATIL factory Bangladesh brand

HATIL factory

AUTOMATION IN THE DRIVING SEAT

As HATIL’s operations, demand, and recognition expanded, so did its workforce. The company, which initially started with only 6 -7 staff members, now employs nearly 3,000 workers.

In 2004, due to increasing demand and the struggle to meet the growing production needs, HATIL decided to expand its operations.
This marked the beginning of the construction of HATIL’s factory in Gazipur.

According to Md. Rezaul Karim ndc, while design played a significant role in HATIL’s success, another key driver was the incorporation of advanced technologies into its manufacturing processes.

“HATIL used to craft its furniture through a manual process, particularly because of intricate details that required a human touch, such as engravings. However, in order to meet the increasing demand and changing preferences, HATIL implemented semi-automation, then automation and now our production involves the use of robots,” he said.

According to Mr. Karim, HATIL also employs a time-based production system to minimize any time-related losses.

“The system was implemented on the advice of foreign consultants to enhance the efficiency of production and supply management. To ensure efficient time management, our German consultants assisted us in designing the machinery layout in our production factory,” he said.

Md. Rezaul Karim ndc, formerly the Director General, of the Digital Security Agency of the Ministry of ICT, traced back his involvement with HATIL during a project that was undertaken by the government to digitize Hajj management.

Following his retirement, Mr. Karim, a long-time admirer of the country’s top furniture manufacturer, joined HATIL as the company secretary and has been an integral part of the company’s ongoing journey.

During the interview, Karim also discussed the challenges confronting the company and the brand’s expectations in overcoming them.

“As a nation, we are resilient. Similarly, the HATIL family is also resilient. We know how to tackle challenging situations,” he said, referring to the challenges caused by the Covid-19 pandemic and the Russia-Ukraine war.

“We have formulated forward-looking plans with exports as our key priority. Our aspiration is to export our products to 20-30 countries around the world by 2030,” he said, emphasizing the necessity of policy support by the government to achieve that goal.

Read more: Automation behind HATIL's most significant transformation, says Director Shafiqur Rahman

 HATIL factory furniture Bangladesh

HATIL factory
 
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Commitment towards sustainability at the heart of HATIL Furniture: Company Secretary Md. Rezaul Karim​

  • UNB NEWS
  • PUBLISH- NOVEMBER 02, 2023, 12:41 PM
  • FAIAZE IBNE KABIR
  • UPDATE- NOVEMBER 02, 2023, 01:14 PM
Commitment towards sustainability at the heart of HATIL: Company Secretary Md. Rezaul Karim

HATIL's Company Secretary Md. Rezaul Karim's exclusive interview with UNB

Company Secretary of HATIL, Md. Rezaul Karim ndc, has affirmed that the renowned furniture brand is firmly dedicated to working towards its sustainability commitment to the environment.

“When we talk about a sustainable industry, there are some criteria to ascertain whether the company or the industry is sustainable. The first criterion is environmental sustainability, which includes practices like sustainable sourcing, recycling and reusing of waste,” Md. Rezaul Karim ndc, told UNB during an exclusive interview.

During the interview, the HATIL Company Secretary shared his deep admiration for the nation’s foremost furniture brand, shed light on the brand’s path to sustainability, and a glimpse into its sustainable practices.

One of the most notable sustainable practices at HATIL revolves around the sourcing of one of its most vital raw materials: wood.

“HATIL is committed to sustainability in terms of sourcing raw materials from overseas. For example, we don’t use local timber to manufacture our furniture as quality wood is not available. Initially, we used to source oak wood from Forest Stewardship Council (FSC) certified forests in Canada. Now, we source FSC-certified Beech wood from Germany and pine wood from Spain. Our use of FSC-certified wood aligns with our commitment to environmental preservation,” Md. Rezaul Karim ndc, said. At the same time, HATIL is reducing deforestation in Bangladesh where forests are below minimum standards.

A product being certified by the Forest Stewardship Council means it meets the “gold standard” of ethical production.

An FSC-certified forest, from where HATIL sources its wood, means that the forest is being managed in a way that preserves biodiversity and benefits the lives of local people and workers, while ensuring economic viability, according to the Forest Stewardship Council website.

Read more: HATIL’s ‘slim is smart’ has global appeal: Marketing Director Moshiur Rahman

‘REDUCE WASTE, MAXIMIZE PRODUCTIVITY’

One of HATIL’s key strategies to achieve maximum efficiency is embodied by the motto: “Reduce waste, maximize productivity.”
But how does HATIL do that?

“Well, if we want to reduce waste, we need to introduce better technologies, in other words, better machinery which would, in turn, enhance our overall productivity. The process also included recycling and reusing the waste,” the HATIL company secretary said.
He also provided some insights into HATIL’s recycling and reuse policy to reduce waste.

“For example, we have installed a Coral Anti-pollution System to collect dust in HATIL. We collect dust from every piece of machinery. Then we recycle it and turn it into briquettes. We use the briquettes as fuel for our Thermo fluid heater,” he said, adding, “This is one of the examples of how we recycle our waste and reuse it in HATIL.”

HATIL also recycles and uses wood offcuts to manufacture particle boards, he added.

Karim stressed the need to cease actions that harm the environment.

“This holds true for the furniture industry as well. We must ensure that we are not contributing to deforestation in any manner, and we should strive to minimize our wood usage as much as possible,” he added.

Read more: Commitment to quality behind HATIL’s success: Director Mahfuzur Rahman
 HATIL Rezaul Karim interview

Md. Rezaul Karim ndc, Company Secretary of HATIL

COMMITTED TO ENSURE EMPLOYEE WELL-BEING

HATIL is always dedicated to ensuring the well-being of its employees, said Md. Rezaul Karim ndc.

“We provide competitive salary packages and enhanced retirement benefits. We consistently pay our workers on time and offer comprehensive healthcare support in the event of a workplace accident," he told UNB.

Being the country’s biggest furniture brand, HATIL also respects its commitment towards economic sustainability, according to the company secretary.

“In terms of economic sustainability, HATIL is fully compliant with tax and VAT payments. We adhere to and obtain all the international and national licenses and certifications necessary for conducting business. We are also contributing to the country’s overall economic growth,” he added.

Apart from the company’s commitment towards environmental sustainability, HATIL is also committed to promoting and continuing its sustainable practices towards the society and economy, emphasised the company secretary.

HATIL has a ‘zero-tolerance’ policy towards child labour and promotes gender inclusivity in its workplace, Md. Rezaul Karim added.

Read more: Bangladeshi furniture industry needs reforms to reach its full potential: HATIL Chairman Selim H. Rahman

FOUNDING CHAIRMAN’S VISION BEHIND HATIL’S ASTRONOMICAL RISE

For Md. Rezaul Karim ndc, it was the late Al-Hajj Habibur Rahman, the founding chairman of H.A. Timbers Industries Limited and his son Selim H Rahman, the current chairman of HATIL, whose vision and commitment to innovation led HATIL Complex Ltd to its current position.

“He was a visionary man with a great reputation,” Karim said about the founding chairman.

“Habibur Rahman was a leader who always thought of everyone, not just about himself. His vision was ‘us’ not ‘me’. He believed in collective development,” said the company secretary.

“One thing I would like to mention is that our founding chairman was not only a visionary businessman but also a good father and a good mentor. He mentored five of his sons and provided hands-on training on how to do business, how to earn money, and how to spend money,” he said.

Meanwhile, since the inception of HATIL under the leadership of Selim H Rahman, the company has achieved new heights, driven by his unwavering commitment to diversification and innovation, highlighted by the company secretary.

Selim H Rahman, from the early days of his involvement with H.A. Timbers Industries Limited, was driven by a desire to diversify the business beyond timber.

With his father’s approval, he ventured into door frames and doors, which drew significant attention from traditional timber customers.
The introduction of ready-made products piqued customer interest, eventually leading to the establishment of HATIL as we know it today.
“Selim H Rahman initially started with a small team of 6-7 staff and took on multiple roles, managing operations, production, and marketing single-handedly,” said Karim.

The structure of families was transitioning from large and extended to nuclear families who were shifting into small apartments in Dhaka. With this transition, there was a growing demand for furniture,” he said, adding, “Responding to changing preferences, the current chairman, Selim H Rahman, introduced a ‘slim is smart’ design approach tailored to apartment living, shifting from traditional and bulky furniture to minimalistic and space-efficient styles.”

 HATIL factory Bangladesh brand

HATIL factory

AUTOMATION IN THE DRIVING SEAT

As HATIL’s operations, demand, and recognition expanded, so did its workforce. The company, which initially started with only 6 -7 staff members, now employs nearly 3,000 workers.

In 2004, due to increasing demand and the struggle to meet the growing production needs, HATIL decided to expand its operations.
This marked the beginning of the construction of HATIL’s factory in Gazipur.

According to Md. Rezaul Karim ndc, while design played a significant role in HATIL’s success, another key driver was the incorporation of advanced technologies into its manufacturing processes.

“HATIL used to craft its furniture through a manual process, particularly because of intricate details that required a human touch, such as engravings. However, in order to meet the increasing demand and changing preferences, HATIL implemented semi-automation, then automation and now our production involves the use of robots,” he said.

According to Mr. Karim, HATIL also employs a time-based production system to minimize any time-related losses.

“The system was implemented on the advice of foreign consultants to enhance the efficiency of production and supply management. To ensure efficient time management, our German consultants assisted us in designing the machinery layout in our production factory,” he said.

Md. Rezaul Karim ndc, formerly the Director General, of the Digital Security Agency of the Ministry of ICT, traced back his involvement with HATIL during a project that was undertaken by the government to digitize Hajj management.

Following his retirement, Mr. Karim, a long-time admirer of the country’s top furniture manufacturer, joined HATIL as the company secretary and has been an integral part of the company’s ongoing journey.

During the interview, Karim also discussed the challenges confronting the company and the brand’s expectations in overcoming them.

“As a nation, we are resilient. Similarly, the HATIL family is also resilient. We know how to tackle challenging situations,” he said, referring to the challenges caused by the Covid-19 pandemic and the Russia-Ukraine war.

“We have formulated forward-looking plans with exports as our key priority. Our aspiration is to export our products to 20-30 countries around the world by 2030,” he said, emphasizing the necessity of policy support by the government to achieve that goal.

Read more: Automation behind HATIL's most significant transformation, says Director Shafiqur Rahman

 HATIL factory furniture Bangladesh

HATIL factory
Yes, automation reduces cost, increases efficiency and enhances productivity. I think this is the secret of HATIL's rise to prominence.
 
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Automation behind HATIL's most significant transformation, says Director Shafiqur Rahman​

  • UNB NEWS
  • PUBLISH- OCTOBER 26, 2023, 10:39 AM
  • FAIAZE IBNE KABIR
  • UPDATE- OCTOBER 26, 2023, 02:46 PM


Automation behind HATIL's most significant transformation, says Director Shafiqur Rahman

Shafiqur Rahman, Director of HATIL (Photo: UNB)

Introducing robotics and automation to HATIL’s manufacturing process was one of the most significant transformations since the furniture brand’s inception, according to HATIL’s Director Shafiqur Rahman.

“There was a time when a carpenter would be responsible for a specific product. If the carpenter was unwell or absent for personal reasons, the operation for that product would come to a halt,” he said.

“Now, if someone is unwell or on a personal leave, another person can finish the work with the help of automation at HATIL, making the process smoother and eliminating extra costs and delays,” Shafiqur Rahman told UNB during an exclusive interview.

HATIL employs a variety of advanced machines and automation to craft their furniture pieces at the factory. The use of technology ensures consistent design and size for every piece, which can be challenging to achieve with manual labor.

HATIL, Bangladesh's top furniture brand, is renowned for its quality and consistency, which has been crucial to the brand's enduring success. Shafiqur Rahman attributes this success to the brand's innovative approach, which incorporated advanced machinery and robotics into its production over the past decade.

“Previously, there was no plan in place to ensure an efficient manufacturing process,” Shafiqur said. “Often, it was seen that all parts for production were ready, but an important material was missing, causing the entire production process to come to a halt which, in turn, would add to the manufacturing cost.”

“Now, due to our streamlined operations, there is no backlog for any product,” he said.

Shafiqur came to be a part of his family’s decade-long wooden furniture business as an “intern.”

"Even though I formally joined HATIL's production unit in 2004, my association with the wood industry began well before that," he recalled.

 HATIL Factory automation mechanism

HATIL Factory

“I worked with my father at H.A. Timbers Industries Limited before that. This is something all of us brothers had to do. It was like an internship,” he said. “My work with H.A. Timbers Limited actually started with getting tea. My father asked me to bring tea from home to the office. As our home was nearby, I used to bring tea for the customers from there.”

Later his father, Al-Hajj Habibur Rahman, introduced Shafiqur Rahman to a man named Ruhul Amin, who became his mentor.
“With his guidance, I delved into the intricacies of the trade, from processing customer orders to measuring and cutting timber,” Shafiqur said.

Since his involvement with H.A. Timbers Industries Limited and later with HATIL, Shafiqur Rahman has been part of multiple departments across the company.

From overseeing timber purchases as a 23-year-old among seasoned veterans to convincing customers to buy the best quality product in the market, he has done it all.

He also played a significant role in overseeing various projects in the IT department, including the development of the company's website.

In addition to his role in operations, Shafiqur delved into digital marketing during the COVID-19 pandemic in 2020, a time when Bangladesh along with the rest of the world experienced an unprecedented shift to online platforms.

HATIL currently dominates the furniture industry in the country with a market share that surpasses both branded and non-branded manufacturers.

With a commitment to quality and consistency, another key attribute that is driving the furniture brand's upward growth is its customer-centric approach.

Read more: Commitment to quality behind HATIL’s success: Director Mahfuzur Rahman

“There are two aspects to it. First, we try to understand the customer’s demand and then the global trend,” Shafiqur explained.
“When a customer buys a product, we connect with them. We do a survey on the customer. We check if the product that they took home is fitting properly. We ask customers who have visited our showrooms whether they like our products. Do they have any suggestions?”

 Automation mechanism HATIL factory

Automation in manufacturing wooden furniture in HATIL factory

“Then we present that feedback at our weekly production meetings, where management and production-related individuals review all this feedback. If we feel that one feedback aligns with the market’s demand, we pass it on to our Research and Development department,” Shafiqur said.

Shafiqur Rahman emphasized the alignment of HATIL's customer preferences in Bangladesh with those in neighboring countries such as India, Bhutan, and Nepal, highlighting the remarkable similarity in cultural tastes.

In India, the brand has made notable progress with its existing product range, but the market is still in its developmental phase.
However, according to Shafiqur, challenges often arise while expanding in other countries, primarily due to pricing concerns.

Importing a substantial part of raw materials leads to increased costs caused by customs duties, resulting in higher prices for their products, posing a challenge to maintaining a strong market presence.

Shafiqur, however, remains optimistic about the brand’s potential for expansion in India, Bhutan, and Nepal.

In response to a question about HATIL's future vision, Shafiqur Rahman emphasized the need for diversification and a reduction in wood usage.

“The company's Chairman (Selim H Rahman) is already addressing these concerns by exploring alternatives such as metal, while maintaining a focus on aesthetics and sustainability,” he said.

 HATIL factory robotics automation

Robotics and automation in HATIL factory

When asked whether the furniture industry is limited to wood, the HATIL director indicated that it extends beyond wood to encompass a broader range of materials.

A product’s manufacturing may now involve the combination of materials like plastic, wood, metal and board, Shafiqur believes.
“For instance, when building a bed, some parts may be made of wooden material while others may involve metal. Ultimately, the product's aesthetics play a significant role,” he said.

To find other sustainable alternatives that protect environmental commitments, there’s a growing need for research and development in the field of furniture design, according to Shafiqur.

“Despite the vital role of designers in the furniture industry, Bangladesh faces a shortage of skilled designers, indicating a need for educational curriculum development in this field,” Shafiqur Rahman said.

 wooden furniture HATIL  factory

Automation Technology in Furniture Manufacturing in HATIL Factory
 
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