Walton Hi-Tech Industries Limited
Walton eyes to export products worth $3 billion by 2030
Walton exported products worth $14 million this year, a big jump from $1.4 million last year, Managing Director and CEO of Walton Hi-Tech Industries Limited Golam Murshed said recently. The company wants to export products worth $1 billion by 2025 and $3 billion by 2030, he added. Murshed was addressing "Quality Conference Season-2" in Dhaka on World Quality Day. Read Walton launches gaming smartphone Primo S8 Mini "Walton has managed to hold the largest portion of the electronics market in Bangladesh in only 12 years and is exporting products to more than 40 countries," he added. "Skilled engineers and experts from home and abroad are working in various sectors, including research and innovation, quality management, to make the company's 'Vision Go Global 2030' a reality." Read 'Golden Jubilee Bangladesh Concert' held at MSG in association with Walton
Walton gets president's industrial award
Walton has received the "President's Award for Industrial Development 2019" for contribution to the private sector, employment generation and economy of the country. Walton Hi-Tech Industries Limited got the prestigious award as the top organisation in the high-tech industry category this year. On Thursday, the award was handed over at a programme in the capital. Nineteen industrial units under six categories, including Walton, received the awards. Read: Walton Director Tanna gets JCI Young Entrepreneur Award President Abdul Hamid was virtually present as the chief guest. Planning Minister MA Mannan, Industries Minister Nurul Majid Mahmud Humayun and State Minister for Industries Ministry Kamal Ahmed Majumder were present as special guests. Golam Murshed, managing director and chief executive officer of Walton Hi-Tech Industries Limited, received the award on behalf of Walton. The award was introduced by the Ministry of Industries in the name of the president to encourage the creativity of the private sectors. Each organisation was given a crest and a certificate as a reward. Read 'Golden Jubilee Bangladesh Concert' held at MSG in association with Walton Golam Murshed said: "Bangladesh is now a manufacturing and export-oriented country in the electronics sector with Walton having exported goods worth $14 million this year. We have set a target of exporting electronics products worth $1 billion by 2025."
'Boosting electronics, hi-tech industry the need of the day'
Boosting the domestic electronics and hi-tech industry is highly required for achieving the government's vision of turning Bangladesh into a developed country by 2041, said Walton Hi-Tech Industries Managing Director Golam Murshed at an international summit in Switzerland. Murshed, also the chief executive officer of Walton Hi-Tech, called for improvement in research and innovation for boosting the country's electronics and hi-tech product manufacturing industries. He made the remarks while addressing the concluding session of the first phase of a roadshow titled "Investor summit: Bangladesh capital markets" held in Switzerland's Zurich recently. Read: 'Walton ahead of others in protecting ozone layer' To facilitate and encourage the non-resident Bangladeshis (NRBs) to invest in the country's capital market, the Bangladesh Securities and Exchange Commission (BSEC) initiated the two-phases roadshow "The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh." Murshed said: "Bangladesh is now showing successes in several fields including GDP growth, poverty alleviation, and improvement of living standards; increase in education rate, empowerment of women, foreign exchange supply, stable capital market, political stability; infrastructure and policy development." "Using the government's industry-friendly duty and policy support, Walton has become Bangladesh's electronics giant. Beyond the country's boundaries, Walton products are being exported to around 40 countries." Read: Walton sets $100 million export target for FY22 The investor summit has been attended by high-level delegates from Bangladesh and Switzerland, along with business conglomerates and investors. Also, the NRBs, foreign investors and institutional investors in Switzerland joined the summit. Earlier, the roadshows were also held in four cities in the US and UAE this year. Walton is one of the partners of the US and Switzerland roadshows. The upcoming roadshows, led by the BSEC, will be held in Russia and the UK. Read Huawei BUET ICT Academy to develop talent ecosystem
'Walton ahead of others in protecting ozone layer'
Walton is ahead of other private sector players in protecting the environment, speakers said this at a seminar in the capital Saturday. The Department of Environment and Walton Hi-Tech Industries Limited jointly organised the seminar to mark the "World Ozone Day," celebrated internationally on September 16 every year to raise awareness against ozone layer depletion and global warming. This year's theme for the international day was "Montreal Protocol – keeping us, our food, and vaccines cool." Read Walton Digital Campaign Season 14: Two more customers get Tk20 lakh rewards Environment, Forest and Climate Change Minister Md Shahab Uddin attended the seminar as chief guest and Walton Hi-Tech Industries Chairman SM Nurul Alam Rezvi and Vice-Chairman SM Shamsul Alam as special guests. Speakers at the event said the ozone layer is a blessing for the world and animals. It is the filter of the earth. But the use of harmful chemicals and gases has been depleting the layer. The Montreal Protocol on Substances that Deplete the Ozone Layer was signed in 1987. Bangladesh is one of the signatories to the protocol. Read EPB assures Walton of support to boost electronics, electrical products exports Under the protocol, the country is working on controlling the use of about 100 ozone-depleting substances. Speaking as the chief guest, Shahab Uddin appreciated the various initiatives taken by Walton to protect the ozone layer. Deputy Minister for Environment, Forest and Climate Change Begum Habibun Nahar said, "Walton is ahead of others in protecting the ozone layer and the environment." Read Walton brings Arc CPU liquid coolers Walton Hi-Tech Industries Chairman SM Nurul Alam Rezvi urged the government to make the star rating system mandatory for all locally produced as well as imported air conditioners to ensure an environment-friendly atmosphere through the use of energy-efficient products, according to a media statement.
'Walton adds new dimension to technology research, innovation'
The sustainable development of any country or organisation requires the application of talent and skills, along with labour, according to experts. The research and innovation (R&I) strength measures the capabilities of the production-oriented industry, and Walton has added new dimensions to technology research, development and innovation in Bangladesh, they said. Read Samsung Galaxy F22 Review: What does it Offer? The experts made the remarks recently while addressing the day-long "Research and Innovation Summit 2021" held in Gazipur. The summit was arranged to highlight Walton's research and innovative activities, share knowledge and showcase advanced features of products such as smart refrigerator, smart air conditioner, smart television, washing machine, compressor, blender, mixer grinder, gas stove, and rice cooker, according to a media statement. Educationalists, technology researchers and around 1,000 expert engineers attended the summit. Read Xiaomi Redmi 10 Review: Advantages and Disadvantages Dr Muhammed Zafar Iqbal, Mohammad Kaykobad, distinguished professor of the computer science and engineering department of the Brac University; Walton Hi-Tech Industries Limited (WHIL) Vice-Chairman SM Shamsul Alam, WHIL Managing Director and CEO Golam Murshed inaugurated the summit. Zafar Iqbal said, "I have dreamed all my life that there would be a full-fledged research and innovation centre in Bangladesh. The dream has been fulfilled today through Walton. There are challenges in research and innovation. However, Walton's young and talented engineers are working on that. They are the future of Bangladesh." Read Best Upcoming Phones in September 2021 in Bangladesh - Official and Unofficial Mohammad Kaykobad said, "Walton has created job opportunities for the country's talented engineers. The engineers and science students are now getting opportunities to use and apply their skills."
Walton Industries’ EGM held
Walton Hi-Tech Industries Limited, held its Extraordinary General Meeting (EGM) on Wednesday (July 14, 2021) morning over a virtual platform. At the meeting, the shareholders unanimously approved the proposal to use the unspent money raised through the public offering of the company and the net interest of the IPO money deposited in the BMRE of the company. Also read: Walton launches new gaming laptop of Waxjambu series At this time, the company’s managing director presented the future work plans for the shareholders. Walton Chairman S M Nurul Alam Rezvi presided over the EGM. Walton Hi-Tech Industries’ Vice-Chairman S M Shamsul Alam, Managing Director Engineer Golam Murshed, Directors S M Ashraful Alam, S M Mahbubul Alam, S M Rezaul Alam, S M Monjurul Alam Ovee, Tahmina Afroz Tanna and Raisa Sigma Hima Independent Directors Ahsan H. Mansoor, Md. Zakir Hossain Bhuiyan, PhD, and Professor M. Sadiqul Islam, PhD, FCMA also attended the meeting. Also read: Walton offers special benefits for washing machine buyers A large number of institutional investors and general shareholders and other senior officials were present at the EGM.
Walton declares 1yr replacement guarantee for cassette, ceiling type AC
Walton has announced a one-year replacement guarantee for its locally-manufactured cassettes and ceiling-type air conditioners. In Bangladesh, only Walton is offering a replacement guarantee facility on the commercially used cassette and ceiling type ACs, the company said in a press release. ` In addition, the local brand also raised the guarantee period of the compressor of its commercially used ACs to five years from three years. Read Air Conditioner Brands, Buyer Guide, Models, with Price in Bangladesh Walton announced the fresh guarantee periods for its commercial ACs at a declaration programme held at Walton Corporate Office in the capital on March 27. The programme was attended, among others, by Walton Hi-Tech Industries Limited’s Deputy Managing Directors Eva Rezwana Nilu and Amdadul Haque Sarker, Walton Plaza Trade’s Chief Executive Officer (CEO) Mohammad Rayhan, Walton AC’s CEO Tanvir Rahman, Chief Operating Officer (COO) Sondip Biswas, AC Research and Development Department’s Head Engineer Ariful Islam Sales Monitoring and Development Department’s Head Zahidul Islam, Walton Corporate Sales’ Head Sirajul Islam, Executive Director Shahjada Salim and Senior Operative Director Robiul Alam Bhuiyan. Also read: Walton Home Appliance & Electronics Products can make your life convenient Walton AC’s CEO Tanvir said that they have given special importance on delivering the latest technology products at affordable prices as well as providing maximum after-sales benefits to the customers. Every AC of Walton is being marketed after getting quality-control certificate from the international standard testing lab Nasdat-UTS, he said. With this confidence of the highest quality, he said that they declared one-year replacement guarantee on Walton's Cassette and Ceiling Type Commercial AC and also increased the guaranty period of the compressor to five years. Also read: Walton TVs with Exchange Offers These ACs can be bought on easy installments, he noted. AC R&D Dept Head Ariful Islam said that Walton engineers are constantly adding sophisticated technology to the AC. To ensure highest quality, durability and maximum cooling performance, hydrophilic golden fin condenser is being used in Walton's cassette and ceiling type commercial ACs, he said. More powerful and energy efficient modern scroll type compressor is used in these commercial ACs. Besides, the globally recognised environmental-friendly R410A refrigerant is being used in the compressors of Walton commercial AC. AC’s COO Engineer Sandwip Biswas said, Walton is producing and marketing 4 and 5 ton cassettes and ceiling type ACs for medium installations like school, college, mosque, madrasa, hospital, hotel, restaurant, and conference hall. Also read: Walton to export electronics products to Mali, Senegal Production of 2 and 3 ton AC of the same type of AC will begin soon, he said, adding that Walton has also variable refrigerant flow or VRF and chiller for large installations. Walton is also manufacturing and marketing 1, 1.5 and 2 ton spit type AC that are used residentially. There is also one-year replacement guarantee as well as 10-year guarantee on the compressor of Walton split type ACs. Walton has 76 service centres across the country under the ISO Certified Service Management System to provide fast and best after-sales service. Walton's skilled and experienced engineers and technicians are providing free service to AC buyers after every 100 days. Read Best washing machines under 25000 taka in Bangladesh with Buying Tips