Faisal Spinning Mills LimitedAddress : Saiham Group (Admin Building), Saiham Cotton Mills Ltd., Noyapara, Saiham Nagar, Madhabpur, Habiganj.Web : www.saiham.comBusiness : Saiham Group of Industries started its journey by its founder Mr. Syed Md. Faisal in the year 1984 setting up a most modern and state of the art composite weaving and dyeing factory namely Saiham Textile Mills Ltd. (STML), in Bangladesh. It is widely regarded and respected as a pioneer in industrialization of modern textile and prelude to modern industries in Bangladesh. Later on, the Group expanded it?s horizon in the industrial sector by setting up it?s second unit of Saiham Textile Mills Ltd. (Spinning Unit), Saiham Cotton Mills Ltd.(SCML), Faisal Spinning Mills Ltd.(FSML), Saiham Knit Composite Ltd.(SKCL) and lastly in the real estate sector namely Saiham Properties (Saiham Tower) an iconic under construction building in the capital city.
At present the Group has almost 155000 spindles of spinning capacity producing different types of cotton, synthetic and blended yarn with annual production of 30000 MT of yarn. The Group is awaiting completion of expansion in the form of FSML unit-2, amounting US$ 22.0 Million which will add another 48000 spindles and enable the Group to produce the value added product and cater to the fancy yarn demand. In addition the apparel production capacity of SKCL a concern of the Group is 35.76 million pcs garments.
The industries of Saiham Group are all located in Saihamnagar, some 135 Km North East of Capital Dhaka. It is surrounded by the lush green tea gardens and has the road and rail linking with the whole country. Mostly all of the entities has their own Captive Power Generation as Habigonj Gas Field one of the largest Gas Field in Bangladesh is 7 km away from the locality. Moreover, quiet a few new Gas Field has recently been discovered and awaiting drilling/distribution. In all the area is situated between a good gas reserve and Gas Field. Moreover, there is also the Rural Electrification Board, which is giving away electricity connection for domestic and industrial usage. There is also a Post Office, Primary and High School within the locality and also a College/University within 10 minutes drive from the locality.
Saiham Group is fully committed to all aspects of legal compliance regarding Bangladesh Labor Law. Employees are fully covered with safety measures including standard in-house medical facilities. Saiham Group also managed to comply with the international standard of its management. This is reflected in the attainment of ISO 9001:2000 Certificate conferred for fulfilling the norms of ISO standard. From the very beginning of operational procedures, the entrepreneurs established strong IT infrastructure. In spite of it?s location away from Dhaka the whole system is radio linked and real time ERP is already implemented and going through further development. SCML was awarded ?Best IT user in textile sector? by BASIS in 2005.
The entities of Saiham Group firmly believe in applying the highest ethical standards for human rights, labour and environmental practices. We understand that our manufacturing units should not stand apart from the country in which they operate and that their activities and conduct should be a source of positive influence. As a supplier we recognize that, by treating our employees with respect and allowing them to operate in working conditions that are clean and safe with a fair days wage, will make a difference in increasing productivity, reducing risk and improving quality of product. In turn this will also lead to increased customer confidence. Being socially compliant only delivers these benefits if done effectively so a monitoring program, with country law as a minimum standard, is in operation with improvement programs geared towards full compliance achievement.
The biggest strength of the entrepreneurs of Saiham is that they are the second-generation entrepreneurs taking charge of the flagship. With their forefathers leading a life for the welfare and development of the locality the new generation now returning from abroad enlightened with modern education and outlook are much focused and knows the requirement to take the company Globally. Moreover, year after year effort of the entrepreneur has also helped them to earn the respect and love of the local people as such the worker and owner relationship is very cordial and unique.