The ACC will produce Dabur Amla hair oil, Vatika shampoo and hair oil and Anmol coconut oil at its plant in Narayanganj, said Arbind Das, chief operating officer of ACC, at the launching of the company held in Dhaka yesterday.

Anis ud Dowla, chairman and managing director of ACI Limited, Sunil Duggal, director of Dabur International, and Syed Alamgir, executive director of ACI, also attended the launching ceremony.

"We are happy to announce our direct presence in Bangladesh through this joint venture with ACI and this is our second major joint venture after Dubai's," said Duggal.

The ACI managing director said the joint venture is a win-win partnership between Dabur and ACI and it will offer world class products to Bangladeshi customers.

"Initially ACC will manufacture hair oils only and later it will produce other Dabur items also," he said.

Speaking at the function, the ACI executive director said with the setting up of ACC, they hope to provide customers with Dabur products at 30 per cent cheaper rates.

ACI Limited has its presence in pharmaceuticals, consumer products, agri-business and animal health industries sectors.

Products of Dabur International, whose annual turn over is $25 million, are found in different brand names including Dabur, Vatika, Hajmola, Real and Anmol.

The company has its international manufacturing facilities in UAE, Egypt, Nepal and India.