Welcome to Grameen Bitek

GRAMEEN-BITEK Ltd. is a manufacturing industry, primarily of electronic nature, arising out of a joint venture between GRAMEEN FUND and a sister concern of internationally reputed GRAMEEN BANK, and BITEK (Bangladesh Innovative Technology Group). Grameen Fund, BITEK and UTC Associates signed a fresh MOU to expand business in the country. This new company combines the managerial and economic power of the Grameen Fund and UTC Associates with the technological and manufacturing expertise of the entrepreneurs of Grameen Bitek. The latter succeeded in introducing a new product “VOLT-GUARD” into the market through…
appropriate vision, quality maintenance, sustained perseverance and commitment. Through this joint venture the promoters expect to expand the manufacturing and marketing base to cover the whole country and subsequently to go into export. New items for production will continually be added through in-house R&D or through licensing arrangements and will eventually result in diversification of the industry. Grameen Bitek will provide the much needed infrastructure through which useful technologies developed by other researchers in the country will also be manufactured commercially after necessary industrial refinements and modifications. Grameen Bitek Ltd. is also committed to the promotion of technology based small industries in the country and has plans in the near future to organize and establish small industries throughout the country through dissemination of technology and supply of machinery and raw materials.

An introduction to the Grameen establishment, one of the partners of this joint venture, and headed by international personality Professor M. Yunus, would not be necessary as it enjoys a global fame and sets its own standards. Since the other partner Bitek is not so well known, a brief introduction is expedient at this point.