The recently concluded 'International Advanced Components and Technology (ATS) Expo-2023', organized by Walton and claimed as the country's first-ever sole-company's industrial fair, received a huge response from domestic and foreign companies.
During the expo from 10 to 12 August, Walton received huge orders worth around Tk 250 crore from various local and foreign companies.
Walton Hi-Tech Industries PLC Managing Director and CEO Golam Murshed disclosed it at a post press meet of the 'ATS Expo-2023' held at Walton Corporate Office in the capital's Bashundhara Residential Area on Thursday.
Walton Hi-Tech Industries' Chief Marketing Officer Didarul Alam Khan, Senior Executive Directors Md. Tanvir Rahman, Tofail Ahmed and Mohammad Shahjada Salim and Senior Deputy Executive Director Rabiul Islam Milton among others were present at the conference.
Addressing the event, Golam Murshed said, "Walton is the first company in Bangladesh to host an industrial expo to showcase more than 50,000 industrial materials, components, solutions and advanced technology. At the ATS Expo, we received huge responses beyond our expectations.
He said the ministers for Commerce and Planning, Commerce Secretary, Philippines Ambassador to Dhaka, important personalities of different local and foreign companies, representatives from government and private sectors visited the Walton's industrial fair which made them very happy.
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CEO Murshed said Walton received about $ 13 million worth export orders for refrigerators and components from an authorized licensee of the global brand Hyundai in India and a well-known electronics product marketing company in West Bengal.
Moreover, the ATS expo also recorded Tk50 crore worth orders for home appliances and components; Tk5.50 crore orders for PCB, PCBA or motherboard, mobile, laptop and accessories; Tk5 crore orders for lifts and accessories; Tk6 crore orders for fans, LED lights, switch-sockets, DB boxes etc; Tk7 crore orders for shipping and logistics services; Tk2 crore worth for chemical components, Tk2.26 crore orders for VRF and air conditioner; and Tk1.1 crore orders for compressors and metal casting.
Murshed said, "The trust, we have seen, on the Walton brand and products at the first 'ATS Expo' will motivate us to organize such industrial fairs in future. We will organize this industrial fair every year so that the domestic industrialists would no longer have to go abroad for their industrial raw materials, components and testing solutions. Now, Bangladesh is quite self-sufficient in manufacturing world-class industrial materials and components.”
Read: Walton to host int’l industrial fair 'ATS Expo' on August 10
The CEO also said that the main objective to organize the ATS Expo was to increase the empowerment of the domestic industry by reducing the country's import dependency by providing quality components, industrial materials and testing solutions to the domestic industries. In this case, Walton's international industrial fair can be said as very successful.
At the expo, over 50,000 industrial materials, components, services and testing facilities manufactured by Walton have been showcased at a total of 21 stalls in 4 categories.
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Most of them are used as main raw materials and components in various stages of almost all types of industrial establishments. Along with meeting its own internal demands, Walton may contribute to save billions of foreign currency and empower the domestic industry by providing import substitute quality industrial materials, components and testing solutions to other industries of the country.