We waited, still waiting also.....oh wait it never happened to us since we don't claim to be a superpower and go against China.Like I said, You would have begged India for oxygen had it been the case. You might yet face it, just wait and watch.
It's not a puny market cause there's billions of you duhLol. Ofcourse Walton is next Samsung. We'll see about that in the coming decade.
And by the way Samsung doesn't have a plant in Bangladesh. It is coming with one this year in partnership with fair electronics.
Also, Walton can put up plant in India and manufacture like all the Korean, Chinese and Japanese companies do. Lungis don't get special treatment.
Go to Amazon India, and look for TV's, there'll be atleast 70 brands all manufactured in India. If you can compete with them you are free to do so. Don't be cry babies about imports. We do what is good for us. Lungis sentiments are not part of that equation.
Ours is not a puny market like lungi land.
Indians did what they normally do, shutoff Oxygen export to Bangladesh during Covid.Like I said, You would have begged India for oxygen had it been the case. You might yet face it, just wait and watch.
Says some-dum-guy....already operational last year.And by the way Samsung doesn't have a plant in Bangladesh. It is coming with one this year in partnership with fair electronics.
According to accurate data from IBEF, which is the latest and most authoritative data valid as of April 2021 (Indian Consumer Durables Industry Report),According to a market research report published last year by LankaBangla Investment, approximately 25 local and foreign companies are marketing different types of air conditioners in Bangladesh.
The (Bangladesh) market size (for air conditioners) stood at Tk. 6,500 crore last year, with local companies contributing two-fifths of the market.
Billi, you keep taking wrong inferences from statistics. You really need to check your IQ.According to accurate data from IBEF, which is the latest and most authoritative data valid as of April 2021 (Indian Consumer Durables Industry Report),
India's air conditioner market is worth Rs. 12,568 crore (US$ 2.56 billion),
How does a country and economy that is eight times that of Bangladesh, have an air conditioner (HVAC) Industry only twice (or three times) as large? Which I'm sure includes air conditioner for vehicles and office Central HVAC too?
Can you say kanjoosi - boys and girls?
Launch was in January of this year. You lungis have talked as if Walton has already won. Wait a few years and let's see.Says some-dum-guy....already operational last year.
In Bharat - a small factory like this is inaugurated by the 56" man-chester PM himself.
"Desh Agey Barh Raha hai"
In Bangladesh, factories like these are a dime a dozen. PM never went, Chhota mota minister did.
Fair Electronics, manufacturers of Samsung products in Bangladesh, has formally launched its Smart TV manufacturing plant in Narsingdi with an aim of producing around 3 lakh TV units annually. National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem inaugurated the new plant andwww.daily-sun.com
Other than TV's they will also assemble cellphones (including luxury models Like two Note 20 models) As well as 100,000 aircons. Two fifths of the local market for aircons is now supplied by local manufacturers. Bangladesh as a country is self-sufficient is supplying compressors for local refrigerator and aircon manufacturing. Aircon manufacturing started with 30% local value addition, but will go up gradually to 80% within two years...as additional machinery arrives.
Bangladesh-made Samsung products will be exported eventually - while Indian made Samsung products are for Indian local consumption and made by low quality local OEMs like DIXON. Their quality is appropriate for Indian local market only and unsuitable for export.
Bangladesh begins manufacturing Samsung ACs
- Published at 12:18 am January 28th, 2021
ICT State Minister Zunaid Ahmed Palak inspects the new Samsung AC manufacturing factory premise with top Fair Electronics officials at Shibpur in Narsingdi on Wednesday, January 27, 2020
'We are inaugurating this latest Samsung air conditioner manufacturing plant to fulfill our customer demand within their affordability'.
After smart TVs, South Korean home appliance and electronics giant Samsung is all set to produce air conditioners (ACs), with the launching of their new production plant at Shibpur in Narsingdi on Wednesday.
ICT state minister Zunaid Ahmed Palak inaugurated the plant, which is owned by Fair Electronics, Samsung's sole authorised manufacturer of mobile phones and consumer electronics products in Bangladesh, said a press release.
As a result of local production, the domestic AC units will have a 30 per cent value addition, thus their retail prices are expected to drop 25-30 per cent, Fair Electronics officials told the media.
"The new Samsung factory will bring confidence of foreign investors especially hi-tech companies which will enhance our employment opportunities. We hope they will contribute in our export in near future," said Palak.
“We are inaugurating this latest Samsung air conditioner manufacturing plant to fulfill our customer demand within their affordability. This factory will generate employment and will bring foreign currency by exporting locally-produced ACs and other consumer electronics," said Ruhul Alam Al Mahbub, chairman of Fair Group.
He also said that at least 100,000 units of ACs were expected to be churned out of the new plant in the next five years.
Lee Jang-Keun, the Korean ambassador to Bangladesh, senior Fair Electronics officials and others were also present.
According to a market research report published last year by LankaBangla Investment, approximately 25 local and foreign companies are marketing different types of air conditioners in Bangladesh.
The market size stood at Tk. 6,500 crore last year, with local companies contributing two-fifths of the market.
Indian bhakts going crazy to block Bangladeshi home appliances: Make-in-India not working I guess...? Sad.
Take a look - Andh Bhakts crying hoarse to boycott Bangladeshi washing machines and Aircons.
Look at the crowded, and unclean manually assembled Aircons in the first video above and looks at Walton's manufacturing modern process below, where even the screws are made using automated QC controlled process.
Sad to see Indian manufacturers will not invest to compete in quality with a supposedly "peechey chal raha hai" (backward) country.
And look at this - Walton is one of the top compressor manufacturers in the world, came up with new 2nd Gen compressors recently. Bangladesh is the eighth largest compressor-producing country in Asia and 15th in the world. The country’s only compressor manufacturing industry Walton has the annual production capacity of about 4 million compressors. Walton plans to increase production capacity to 10 million by 2025.
Bangladesh is the eighth largest compressor-producing country in Asia and 15th in the worldwww.dhakatribune.com
I guess "Atmanirbhar" (self-sufficient) is in hype only....
no chinese third rate goods accepted in india .Average consumers care about cost and quality so i am not surprised. Even most indian are over jealous of china at the end they are just good at everything.
Its good to see Bangladesh taking baby steps but still its very low and has long way to go. I will say for Bangladesh target market should be USA or Europe not third world country like India.
Any source for this? From where did this $50billion figure pop up?India makes about US$50 Billion every year from Bangladesh, by tourism, medical tourism, illegal remittance from Indian nationals working in Bangladesh and legally and illegally exported products to Bangladesh. This one-sided income by India is unsustainable situation and cannot continue as it has for more than two/three decades.
Ok.Whether amount of exported items from Bangladesh to India are nominal now does not matter, Bangladeshi exports are way more competitive than Indian items made in India itself.
Sure. Till now, Bangladeshi products haven't been able to capture our domestic market.If Indians are okay with consuming Chinese products, there cannot be any problems consuming Bangladesh product. Let the open markets decide. Whether Bangladesh products are exported via OEM name or by Bangladesh brandnames.
How can you predict the future so confidently?I mean Walton may not be there now but sure in the future
There are plenty of people on either sides who are delusional.By the way your kind is the one who shouts at MUH HUH INDIA SUPWAPOWA not us , focus on dealing with China and your people not dying from Covid before you even think at poking at us.
I honestly have no idea about 'certificate of origin' and what all you are talking about but you seem to have an irritating complaining attitude throughout your posts. Words like 'Dokeybaaj Bhakt Baniyas' thrown in between makes you even less trustworthy.Those are mostly cellphones assembled with Chinese parts, and cannot pass muster in any country with "certificate of origin" clauses, like the ones Indians use to block imports to its own markets.
Indian electronic products exported mostly to 3rd world unregulated markets like those in Africa where certificates don't matter - or officials can be bribed to circumvent rules.
Bangladesh has also started this export to 3rd world markets like in Africa, and their products will invariably be cheaper, to boot.
Bangladeshi companies like Walton already export to advanced regulated markets like EU and US - where certificate of origin, GKAS and ISO certification standards are rigid requirements. Dhokeybaaj Bhakt Banyas don't bother with those certification requirements and are just happy pushing garbage low quality products to Africa markets.
Aren't you bragging how BD needs nothing from India and that all Indian made stuff is low quality?I think you are looking at Garments washing machines and bottling plants which are specialized things used in Industry and hundred times more expensive than consumer machines.
Good for you super-rich Bangladeshis. Western countries should really keep an eye on the Bangladeshi market since apparently Bangladeshis are rich people who splash money for fun on their national product 'Walton Washing Machines'.We are talking about consumer market items here. No one in their right mind would buy an Indian washing machine for their home. At least not a good one, which does not sell by dint of price alone.
Everyone knows Bangladeshi local product is higher quality than Indian product, especially refrigerators. Which also is supplied to OEM brands sold in India. Ditto with TV's.
What is the market share of IFB washing machines in India? That product was based on Bosch technology and basically fell flat on its face because Indian consumers were too kanjoos to buy them.
No thanks.You'll be in good company, many lakhs of your compatriots are already illegally working in Dhaka, from line manager to "C" level folks.