Walton starts business in Iraq through exporting compressors
Walton, one of the largest South Asian electronics manufacturing companies based in Bangladesh, has started its business in the Republic of Iraq through exporting hermetic reciprocating refrigerator compressors. Walton authorities are also hoping to expand their business in the middle-east country with various other products.
As Walton has its own compressor manufacturing facilities, compressor parts and components are already being exported to many renowned manufacturers around the globe including Germany, Slovakia and Austria. Walton is also in advancement to establishing compressor brand business in Russia, Europe, Middle East and Africa.
Mohanad Al Drraji, Charges d’Affaires of the embassy of the republic of Iraq to Bangladesh, inaugurated the compressor export in a function at Walton Hi-Tech Industries Ltd. (WHIL) in Chandra of Gazipur on Tuesday (October 1, 2019) as chief guest. The function was also attended, among others, by senior Walton managers CTO, International Business Unit and the Chief Executive Officer of Walton Refrigerator division, COO of Compressor manufacturing, and other executive level staff.
Mohanad Al Drraji commented that he was happy to see the gigantic factory operations at Walton.
Walton has recently started exporting compressors from Bangladesh but Iraq has a huge potential market for all electronic and durable consumer goods made in Bangladesh. I believe Walton products will be well accepted in Iraq. I welcome Walton to Iraq, the Iraqi diplomat added.
Terming the compressor export as the beginning of a new business era from Bangladesh to Iraq, Walton managers commented that they had become a trusted local brand in the consumer Electrical and Electronics (E&E) industry in Bangladesh through a strong manufacturing base, quality product, competitive price, extensive market coverage and prompt after sales services.
As a result, they had captured substantial market share within a very short period of time, and had positioned ourselves as one of the key market players in the E&E industry in Bangladesh as well as South Asia, Middle East, African & European countries.
Bangladesh is moving toward a new milestone of exporting electronic products and within a very short time Walton will be placing Bangladesh on the map as one of the largest consumer electronics exporters. Walton had a strong determination and a detailed master plan to be recognized as the most reliable business partner of many global brands as OEM supplier, they added.
Informing that Walton products are being exported to more than 35 countries, the CEO of Walton mentioned that in order to drive and expand Walton's global business operations in the electronics segment, the company was moving towards establishing offices and presence in markets of North and South America, Middle East, Africa, Russia and European countries very committedly.
He mentioned that exports to MENA and South Asian markets was just the beginning and they are getting many new orders of electronics goods constantly as in all Walton items, the company maintained CE, CB, RoHS, REACH, EMC, EU, USA along with other global quality standards.
Recently, Walton signed contracts with South-Korean brands for supplying huge quantity of consumer electronics and durables as OEM supplier.
‘Made in Bangladesh’ Walton products were also becoming available in North American market through world’s top e-commerce platform Amazon.
Prior to inaugurating compressor export to Iraq, Mohanad Al Drraji and his entourages visited the product display center and various production units including refrigerator, compressor, dye mold, glass-door, air conditioner, LED TV, laptop etc.
