View with images and charts Report on Export & Import Analysis of Square Textiles Ltd. EXECUTIVE SUMMARY Square stands for ceaseless efforts. The philosophy of never standing still, slowing down, never stop thinking & never compromise with quality made Square the most progressive & dynamic business leader in the country. Square believes in using advanced technology to cope with the changing world. Motivation & diversification is the its major strength. It all started in 1958 with the establishment of a pharmaceutical company & now after 46 years Square is the leader in pharmaceutical industry & textile industry. Square first ventured in the textile sector with the establishment of the first unit of the Square Textiles Ltd. in 1997. One year later the establishment of the second unit followed. It invested US$ 20.00 million for the first unit & US$ 13.00 million for the second unit. Its target market was export oriented garments industry. Square constructed its state of the art manufacturing facility at Saradaganj, Kashimpur, Gazipur with high tech machinery from Europe. It has four dormitories for the work force & two residential buildings for the management staff provide more than 80% housing for the employees. Square is the 1st of its kind in Bangladesh to provide accommodation facilities to its employees. Production & accommodation facilities include full time supply of drinking water, adequate lighting & ventilation facilities. Free meals, free transportation, 24 – hours medical center, on-site sports & recreation facilities encourage the motivated team to serve customers full heartedly. ETI codes according to the local law (Bangladesh) are very strictly practiced in its manufacturing facilities. It has biological treatment & energy conservation program. State of the art technology has been used in the effluent treatment plant for the biological treatment of the waste. COMPANY’S HISTORY In 1997, Square entered the textile sector with its manufacturing facilities of cotton yarn. Combining modern technology with skilled manpower under Square's unique inspiring, atmosphere, and this new Square venture soon rose to the top of the local textile industry. Today it has one of the most sophisticated vertically integrated set-ups. Square first ventured into the textile sector with the establishment of the first unit of the Square Textile Ltd. in 1997. A year later the establishment of the second unit followed. CORPORATE HISTORY ♦ Year of establishment : 1994 (In corporate as a public limited company) ♦ Year of operation : 1997 ♦ Stock exchange listing (Dhaka & Chittagong): 2002