Walton in BD: Walton is winning abroad
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
SATURDAY, MAY 21, 2022
SATURDAY, MAY 21, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Walton is winning abroad

Corporates

Mahfuz Ullah Babu
01 March, 2021, 10:50 pm
Last modified: 02 March, 2021, 12:19 pm

Related News

  • Walton announces sure cashback of up to Tk20 lakh, free products for Eid
  • 'Golden Jubilee Bangladesh Concert' in association with Walton held in NY
  • Walton seeks time to ensure 10% free-float
  • Walton buys land for Tk44cr
  • Walton’s quarterly profits continue to drop

Walton is winning abroad

Occupying over two-thirds share of the local refrigerator market, around half of television and one-third of air conditioner markets, the company is now heavily pursuing its dreams to flourish in the global map

Mahfuz Ullah Babu
01 March, 2021, 10:50 pm
Last modified: 02 March, 2021, 12:19 pm

After almost phasing out the foreign refrigerator brands in a decade, homegrown brand Walton is widely dominating the local market.

Occupying over two-thirds share of the local refrigerator market, around half of television and one-third of air conditioner markets, the company is now heavily pursuing its dreams to flourish in the global map.

Striving for maximum value addition and achieving technological excellence is paying off, as the company is seeing manifold demand abroad – both for its finished products and components like compressors, according to Engineer Golam Murshed, managing director of Walton Hi-Tech Industries Ltd.

"We expect the winning trend in the local market will continue, while the opportunity in the international market is much bigger," said the boss of the country's largest electronics and electrical appliance manufacturer.

In a short interview with The Business Standard over phone on Monday, he talked about the growing demand for Walton-made refrigerators, televisions, air-conditioners, appliances and said most quality conscious electronic markets including Germany are placing orders with Walton.

His company began exports in some least developed markets years ago, but the takeoff has been happening very recently as already 40 countries have proved to be markets of Walton and its nother brand Marcel.

"The days of a five-year warranty for refrigerator compressors are gone. Walton is now offering a 12 years' guarantee for the compressors it manufactures in Bangladesh, as the lone player for the vital component of refrigerators and air conditioners," said Golam Murshed.

He said the company has hired some best talents from the world's top companies so that they can drive Walton up to its "Vision 2030" for becoming one of the top five brands in the industry globally.

The Bangladesh government's policy support helped Walton grow. Golam Murshed said.

"The company needs to work in some countries where it faces non-tariff barriers," said Murshed.

Top News

Walton

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographic: TBS
    Tough conditions get in way of Indian wheat import
  • Zahid Hussain/TBS Sketch
    Our problematic macroeconomic duo
  • US growth seen outpacing China’s for first time since 1976
    US growth seen outpacing China’s for first time since 1976

MOST VIEWED

  • Representational Image
    Keep provision for creating entrepreneurs in upcoming budget: Experts
  • Photo: Courtesy
    MoU signed between Alamgir Ranch and Daraz Bangladesh
  • Infinix’s HOT 12 available on Daraz
    Infinix’s HOT 12 available on Daraz
  • Photo: PR
    Grameenphone launches 'GP Academy' in partnership with Telenor and Cisco
  • Sonali Bank receives BB certificate of appreciation for disbursing loans 
    Sonali Bank receives BB certificate of appreciation for disbursing loans 
  • Bangladesh Krishi Bank receives appreciation letter from BB governor
    Bangladesh Krishi Bank receives appreciation letter from BB governor

Related News

  • Walton announces sure cashback of up to Tk20 lakh, free products for Eid
  • 'Golden Jubilee Bangladesh Concert' in association with Walton held in NY
  • Walton seeks time to ensure 10% free-float
  • Walton buys land for Tk44cr
  • Walton’s quarterly profits continue to drop

Features

Mohammad (Mejbah) Mejbahuddin, Former Senior Secretary, Economic Relations Division (ERD), Ministry of Finance, Government of Bangladesh. TBS Sketch

‘No project is being delayed too long at the moment’

13h | Panorama
Dr Shamsul Hoque, Professor, Civil Engineering, BUET. TBS Sketch

‘Planning commission only in the name, there are no planners’ 

13h | Panorama
Masrur Reaz. TBS Sketch

‘To ensure accountability, contract financing should be based on ‘performance based payments’

14h | Panorama
Professor Mustafizur Rahman. Illustration: TBS

Project delays and escalating costs are driven by frequent revisions and lack of good governance

17h | Panorama

More Videos from TBS

Ways to retain body fragrance

Ways to retain body fragrance

15h | Videos
Gazipur restaurant that serves 150 food items

Gazipur restaurant that serves 150 food items

18h | Videos
How to prepare for a job

How to prepare for a job

19h | Videos
Putin's strategies to face Nato

Putin's strategies to face Nato

1d | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

4
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

5
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

6
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab