Walton (
Bengali
Bengali or Bengalee, or Bengalese may refer to:
*something of, from, or related to Bengal, a large region in South Asia
* Bengalis, an ethnic and linguistic group of the region
* Bengali language, the language they speak
** Bengali alphabet, the w ...
: ওয়ালটন) is a Bangladeshi
conglomerate based in
Gazipur
Gazipur ( bn, গাজীপুর) is a city in central Bangladesh. It is located in the Gazipur District. It is a major industrial city north of Dhaka. It is a hub for the textile industry in Bangladesh. Its other name is Joydebpur.
Demogr ...
,
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...
. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Walton brand. The subsidiaries include
Walton Motors
Walton Motors is a Bangladeshi motorcycle manufacturer established in 1977 as a subsidiary of Walton Group. Walton is the first motorcycle manufacturer in Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a ...
,
Walton Mobile,
Walton Electronics, and
Walton Hi-Tech Industries Limited. Walton produces
electronics
The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...
,
computers,
motor vehicles
A motor vehicle, also known as motorized vehicle or automotive vehicle, is a self-propelled land vehicle, commonly wheeled, that does not operate on rails (such as trains or trams) and is used for the transportation of people or cargo.
The veh ...
, and
telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
products. It is the first Bangladeshi brand to launch mobile phones in the market
and also the first
fridge compressor manufacturing company in Bangladesh since 2017.
History
S.M Nazrul Islam is the founder of Walton Group. Nazrul started his career as a small businessman. After the
independence
Independence is a condition of a person, nation, country, or state in which residents and population, or some portion thereof, exercise self-government, and usually sovereignty, over its territory. The opposite of independence is the statu ...
, he started a separate business. In 1977, he founded a new
company named after his eldest son S.M Nurul Alam Rezvi called Rezvi & Brothers, abbreviated as R.B. Group. At that time, they used to import televisions. The company made its debut in 2008 as the Walton Group by starting refrigerator manufacture. When S.M Nazrul Islam died in 2017, his eldest son S.M Nurul Alam Rezvi took over as
chairman of the company.
In April 2017, Walton established the country's first-ever and only compressor manufacturing factory. With the inauguration of the plant, Bangladesh has emerged as the world's 15th as well as the Asia's 8th compressor manufacturing country.
In January 2018, Walton to open first ever computer assembly plant. At the same it became the first ever Bangladeshi company to export locally made laptops to Nigeria.
In February 2020, for the first time, Walton started exporting handsets to the United States as a Bangladeshi original equipment manufacturer company to a renowned American brand. This kind of production is known as "contract manufacturing".
In April 2022, Walton bought 3 European brands to make 4.8m compressors a year. Walton Hi-Tech Industries PLC announced the purchase of two more brands – Zanussi Elettromeccanica (ZEM) and Verdichter (VOE) – from Italia Wanbao-ACC. The Bangladeshi electronics giant acquired the rights of more than 50-years old reputed three European electronics brands and its production plant, a trademark, patent, design and software. With the procurement of the more than 50-year-old Italia Wanbao-ACC compressor brand, Walton is now on course to gain a major foothold in European countries.
In June 2022, Walton announced the establishment of a Research and Innovation Centre in South Korea.
Acquisitions
* In April 2022, Walton bought 3 European brands to make 4.8m compressors a year. It makes walton, the first ever
Bangladeshi brand
A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create ...
to acquire any foreign
brand.
Products
* In April, 2017, Walton established the country's first-ever and only compressor manufacturing factory.
* In April 2017, Walton inaugurates country’s first ever smartphone manufacturing factory in Bangladesh.
* In January, 2018, Walton opened its first Computer and Laptop assembly plant in Bangladesh.
* In April 2020, Walton announced plans to produce
ventilator
A ventilator is a piece of medical technology that provides mechanical ventilation by moving breathable air into and out of the lungs, to deliver breaths to a patient who is physically unable to breathe, or breathing insufficiently. Ventilators ...
s.
* In January 2018, Walton started producing the best laptops in Bangladesh.
References
{{Automotive industry in Bangladesh
Conglomerate companies of Bangladesh
Home appliance manufacturers of Bangladesh
Mobile phone manufacturers
Heating, ventilation, and air conditioning companies
Electronics companies of Bangladesh
Bangladeshi brands