Page 32 - ICE BUSINESS TIMES January 2020

design, physical planning, consultancy and
X for Xcellence
A Beacon for
Bangladesh
X Index Companies is a conglomerate with a notable
presence in Bangladesh. With a heritage spanning
over four decades, XIC was established as a dynamic
and progressive entity in the rapidly growing economy
of Bangladesh in 1977. Combining deep ethical values
with proven business performance, the company has a
legacy of social commitment that has earned the trust
and respect of its customers. Five core values –
integrity, ethics, excellence, unity and responsibility –
woven into the fabric of X Index and its brands are
fundamental to its success. It stands for consistent
business excellence and profitable growth, with a
commitment to the communities it serves and adheres
to high standards of corporate governance. The man
behind the success of XIC is none other than the
Managing Director himself. Dynamism and vision are
two qualities of Mahin Mazher who loves to lead from
the front. Through the passage of time, in just two
decades he shaped X Index Companies as a large
conglomerate with diverse interests. As an
accomplished business strategist, he puts intellectual
thought process above everything else. Mahin Mazher
is driven by very strong ethical and moral values,
inherited from generations of highly educated family
legacy, which reflects in his everyday decision-making.
After graduating from the U.S., he had worked for Bell
South Corporation and Merrill Lynch. He is the kind of
businessman who doesn’t step away from a challenge,
rather he relishes it, due to his continuous endeavor
for making strides in business operation that adds By Marjiya
value to the national economy. Baktyer Ahmed
26
The industry leader
in ceramics tiles, XIC
works dedicatedly to
improve the nation's
productivity
The Building
Blocks
Under the valuable guidance of the
Chairman, Arch. Mazherul Quader, the
flagship entity which launched X Index
Companies – the reigning Index
Architects Ltd – commenced operations
from 1977. The architecture scene in
the country has been thriving for three
decades, spearheaded largely by the
experimentation of Bangladeshi
architects with form, material,
aesthetics and most importantly how
architecture relates to history, society
and the land. The flagship entity of the
group is involved in architectural
with a vision to bring qualitative changes in the lives of the
engineering. The firm plays a pivotal role in underprivileged, especially through supporting the access to
commercial and residential property projects quality education, nutritious food, safe water, shelter and
undertaken by the group. Its unique value sanitation. KKF works to bridge the gaps and empowers the
educated unemployed youth, women and marginalized farmers
propositions are dynamic management,
professionalism, innovation and creativity. to participate in income generating activities and establish
Index Architects Ltd provides consultation and
them as independent, socially active, self-employed and
successful entrepreneurs. Some of the foundation’s notable
other services to clients overseas, mostly within
contributions include Shufola Urbanic which is an endeavor to
the African continent. It has successfully
completed more than 400 projects in Bangladesh Index Energy Ltd in setting up 3 HFO power promote safe food in urban living. KKF helps the marginalized
and abroad.
farmers to grow the produce in their own/leased land through
largely organic processes. It also plays a part in ensuring
market linkages and promoting fair trade helping the farmers
plants. These two initial steps are sure to
become stepping stones for future growth in to make a living income.
Khamarir Hashi is a project which thrives to enhance the lives
days to come when the companies will proudly of farmers. This program focuses on able but unsuccessful
produce power that will light up the lives of farmers so that they can turn their lives around and emerge as
millions who deserve to be a part of happy and successful entrepreneurs. It is working in 18 districts of
Assisting the Agro Industry prosperous Bangladesh of tomorrow. Bangladesh. KKF provides both financial and technical help to
Agriculture dominates both the landscape and the economy the beneficiaries.
of Bangladesh. The country has extensively invested in in As a non-profit development organization, KKF works with the
agro-processing and livestock development, and through the A Helping Hand in underprivileged children from all over Bangladesh. KKF has a
visionary direction of Mahin Mazher, X Index Companies has shelter house called Joy Shokol Shishur for the street and
joined the journey in taking the sector to the next level. Hospitality abandoned children that is located in Uttara, Dhaka,
Index Agro Industries Limited (IAIL) began operations in the Bangladesh has tapped into the potential accommodating around 100 children ranging from 3 years to
exhibited by the tourism hospitality industry. 15 years of age. This house offers its children both formal and
year 2000. Index Poultry (Pvt.) Ltd. was incorporated in Understanding the growth prospects of the
2006, through which IAIL produces poultry, fish-feed, and non-formal education, proper nutrition, safe water and
Leader in Ceramics Tiles Day-Old Chicks (broiler & layer). Index Fisheries Ltd. is a industry, the dynamic Managing Director sanitation, medical and entertainment facilities.
The ceramics industry is a growing pioneering company working with aquaculture and fisheries. incorporated Index Holdings Limited in March Through Targeting the Ultra Poor, KKF identifies the needs of
2009. It is involved in tendering, trading,
the households that are too poor to access traditional
manufacturing sector in Bangladesh. The Most recently, IAIL has decided to move ahead with Initial
industry started during the late 1950s when Public Offerings. Such integration provided a powerful thrust hospitality and the power sector. The company’s development interventions. This is a tailor made program based
the first ceramics industrial plants were to the breeder and hatchery operations. The company main objective is investments in different on the needs and capacity of the individual households. This
established. With the exemplary leadership of markets and packages its feed products under the brand concerns of the group, including Hotel X. program partially follows the “BRAC Graduation” model and is
Mahin Mazher, Index seized the opportunity name X Feed and X Goldring. Owning and operating a number of hotels and for reducing poverty in all its forms which will fulfill SDG1.
and expanded its wings to the ceramic tiles and resorts in ideal and exquisite locations across
Ceramics Group was incorporated in 2008 with Bangladesh from Cox’s Bazar to Rajshahi, Other Endeavors
a vision to produce world class Italian Ceramics Sylhet and all the way to Kuakata sea-beach.
Apart from expertly guiding the notable operations of X Index
Tiles. It has since become one of the largest Companies, Mahin Mazher also
porcelain and ceramic tiles manufacturing oversees X Angel Limited (XAL),
facility in a single location, not only in a venture capital entity
Bangladesh but also in south east Asia. The incorporated in 2017.The three
state of the art manufacturing plant is located main activities of XAL include:
in Sreepur, Gazipur. To fulfil the growing Private Equity Fund, a Venture
demand for its popular line of products, the Capital Fund, Impact Fund
plant is equipped with five operational Established in 2016, X Shops
production lines. Modern machinery and world Limited has been
class technical expertise is utilized in entirely dedicated
delivering quality wall and floor tiles to the to the import,
ever-growing list of clientele all over the distribution, and
country. Under the umbrella of ‘X Ceramics Strengthening the
Group’ (XCG), four premium tile brands – X sales of Tyre,
Monica, Monalisa, Alexander, Venus – in terms Community Wheel, and
of both design and quality are manufactured in Addressing the needs of disadvantaged people Battery in
Powering Bangladesh and helping them to create a better future, Bangladesh.
state of the art plants. The company also has a Bangladesh is rapidly moving into middle income category Currently, the
well equipped R&D team who are relentlessly among the prosperous Asian countries. Energy is arguably Mahin Mazher spearheaded the establishment company is in the process of securing exclusive agency lines of
working towards coming up with innovative the most important parameter of industrial economy that of the Kamrunnesa Khatun Foundation (KKF) in reputed international manufacturers for said items.
products. Company’s latest innovation, a play no less important role in everyday life of common 2011. An independent nonprofit charity, KKF is Mahin Mazher is currently supporting the incubation of about
patented technology called ‘Stone Shield’ is committed to bringing about better lives for the half- a- dozen technology-based start-up ventures, through
hoped to set a new standard in the industry. people. To this effect, Mahin Mazher set his ambitions for X disadvantaged people in Bangladesh and works recently developed software company named “VentureX.”