KYCR Coil Industries Limited2023 Contenders | Best Organisational Deployment of HR Services/Technology Solution
KDS Group is one of the most renowned business and industrial conglomerates of Bangladesh, based mainly in the port city of Chittagong but with extensive operations in Dhaka, as well. It has also established offices and agencies in India and Hong Kong and is currently expanding into Europe and North America, thereby paving the path into becoming a Bangladeshi based multinational.
The group was founded in 1983, through the establishment of one of the first garment industries of Bangladesh, and over the last 39 years, through innovation, dynamism, untiring effort and dedication, the business in terms of assets and revenues have grown exponentially by
sometimes over 500% a year. The fields of business have also extended from being just apparel exports to a whole array of other industries. Today the total group can proudly declare over USD 550 million of annual revenues in total, with over 25,000 employees, staff and workers.
KDS values human capital and is therefore committed to attracting groom and nurture talent through competitive compensations and benefit packages apart from investing in training of its potential employees under local as well as foreign trainers. KDS has engaged the internationally renowned organizational development consultants “Ernst & Young” to develop upgraded Human Resource Management practices such as appraisal through the Balance Score Card method, talent mapping, etc.
The Group adheres to international compliance requirements closely, and has taken many social initiatives for the betterment of the lives of its workforce, going even beyond foreign requirements. KDS has been always keen on taking new challenges and initiatives supported by the robust financial appetite, it enjoys along with the open support of all major financial institutions in Bangladesh based on their healthy business track record with each of them.