Explore Walton Group: A Diverse Conglomerate Redefining Business in Bangladesh
Discover the journey of Walton Group, established by S.M Nazrul Islam in 1977 as a multifaceted conglomerate. Walton is one of the leaders of Bangladesh’s business panorama, boasting experience throughout purchaser electronics, home appliances, cell telephones, automobiles, and retail.
Walton Hi-Tech Industries PLC.
Operating in China, India, and the United States.
Over 30,000 employees, making it one of Bangladesh’s largest employers.
1,000+ retail stores under the brand “Walton Plaza.”
Recognition of Walton Group:
Walton was recognized as an integral player in Bangladeshi economy and was named as one of two corporate donors by CSR Centre and Sustainability Excellence as the second-largest in 2019.
Discover Walton’s humble beginnings in 1977 and its meteoric growth into one of the leading consumer electronics manufacturers today. Since 2017, S.M Nurul Alam Rezvi, its Chairman has led it towards greater heights.
Milestones of Walton Group:
Milestones – 2017
Walton successfully cemented its position as market leader for refrigerator and motorcycle sales in Bangladesh.
The company recently inaugurated refrigerator and motorcycle manufacturing plants as part of its efforts towards vertical integration.
Walton elevated its product categories, together with televisions, air conditioners, and cell telephones, to diversify its portfolio and growth profitability.
Walton increased into new product training like televisions, air conditioners, and cell phones to make bigger its portfolio and increase profitability.
Milestones – 2018
Walton Motorcycles have entered the international market through Nepalese export.
Research and development investments by the company resulted in groundbreaking products with innovative features and technologies.
Awards and Accolades:
Walton Group has won a couple of awards and accolades for contributing to the Bangladeshi economy and splendid performance.
Milestones – 2019
Production Capacity Increase:
Walton expanded production capacity across various product lines significantly to meet rising consumer demand.
Walton adopted inexperienced practices and added electricity-saving technology into his operations.
Corporate Social Responsibility:
Walton actively engaged in various social welfare programs and initiatives that worked towards bettering his community.
Milestones – 2020
Walton supported healthcare facilities during this worldwide pandemic via providing critical electronics and appliances.
With market situations shifting, Walton adopted virtual technology and e-commerce structures to meet evolving market desires.
Talent Acquisition and Development:
Walton invested in worker education and development programs, growing an professional workforce.
Milestones – 2021
Market Share Expansion:
Walton strengthened its market leadership across various product categories in Bangladeshi market by seizing an important share.
This company quickly gained international acclaim for their high-quality products and manufacturing abilities.
Walton keeps to invest in emblem constructing and advertising and marketing projects, solidifying its position as a dependable family emblem.
Milestones – 2022
Walton recently marked 50 years of consistent growth and success by commemorating this momentous occasion.
The company expanded its business portfolio by entering new sectors like real estate and financial services.
Walton stays committed to investigate and development, introducing modern products designed to satisfy client requirements as they exchange over time.
Milestones – 2023
Focus on Sustainability:
Walton maintains to prioritize sustainability efforts with the aid of striving to reduce its environmental footprint and sell responsible production practices.
At this company, employee nicely-being is of extreme significance and a wonderful work surroundings is created for its staff.
Walton keeps to play an energetic function in social welfare initiatives that assist its groups of operation.
Walton made headlines when, in April 2022, they acquired three European brands as the first Bangladeshi brand to own foreign ones. Their purchase included Zanussi Elettromeccanica (ZEM) and Verdichter (VOE), strengthening their foothold across Europe.
Manufacturing Excellence of Walton Group:
Bangladesh’s first and only compressor manufacturing factory.
Inaugurated the country’s first smartphone manufacturing factory in 2017.
Opened the first computer and laptop assembly plant in 2018.
In April 2020, announced plans to contribute to healthcare with ventilator production.
Subsidiaries of Walton Group:
Walton Hi-Tech Industries PLC. (public)
Walton Corporation Limited
Walton Chemical Industries
Walton Digi-Tech Industries Ltd.
Walton Micro-Tech Corporation
Skyroute Media Ltd.
Dream Park International
Walton Agro Farm & Industries
RB Group of Companies Limited
Walton Shipping & Logistics
Walton Motor Industries Ltd.
Walton announced an exciting development as they establish a research and innovation center in South Korea, proving their dedication to progress and advancement. Discover a world in which innovation meets way of life – leaving behind an awesome legacy both inside the organization and out!
Walton Group aims to continue its diversification, expand its international reach, and focus on sustainability and innovation. The company is also committed to giving back to the community through various social welfare initiatives.
Walton Group has earned a reputation for quality, affordability, and reliability. The company has received numerous awards and accolades for its products and services. However, individual experiences may vary, so it's always advisable to read reviews and compare products before making a purchase.