Walton Hi-Tech Industries Limited, a local Bangladeshi company, is setting up a new factory at Gazipur to manufacture and export refrigerators to the markets in Europe and North America.
Officials of the company told reporters at a briefing on Monday that encouraged by the demand for Walton fridges in the home market and in neighbouring countries, they are building the factory to increase production for exporting to a wider global market.
Uday Hakim, an executive of the company, said they would manufacture six lakhs non-frost and frost fridges and refrigerators a year using latest technologies at their new factory.
Walton is a sister concern of RB Group and a pioneer in marketing refrigerator, air conditioner and motorcycles in Bangladesh.
The maximum size of the Walton fridges would be 700 liter or 30 CFT and the price would be reasonable, claimed Uday.
Walton international marketing director Mizanur Rahman, who was present at the briefing, said Walton products would compete with all famous electronics brands in the world.
Walton also markets other products like different types of Television (CRT, LCD, Plasma etc.) , DVD Players, Motorcycles, Microwave Oven, Steam Oven, Domestic and Industrial Generators, Washing Machine, Manganese and Alkaline Battery, Energy Saving Lamps, Power Tillers, Air-conditioner and various types of useful home appliances.
Among others, Walton’s public relation and media director Humayun Kabir and Walton’s management advisor SM Jahid Hasan were present at the briefing.
-With New Age input