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Walton showcases Bangladesh’s ability to make industrial, tech products: Minister

Press Release || BusinessInsider

Published: 18:08, 13 August 2023  
Walton showcases Bangladesh’s ability to make industrial, tech products: Minister

Photo: Courtesy

Country’s first-ever industrial expo titled ‘International Advanced Components and Technology (ATS) Expo-2023’, hosted by Walton, has been wrapped up with huge responses at the International Convention City Bashundhara (ICCB) in the capital. 

Planning Minister MA Mannan attended the ‘ATS Expo’s closing ceremony as the chief guest at the ICCB Hall-1 on Saturday evening, said a press release.

Commerce Secretary Tapan Kanti Ghosh, Bangladesh Economic Zones Authority (BEZA) Executive Chairman Shaikh Yusuf Harun, Directorate of National Consumers’ Right Protection’s Director General A H M Shafiquzzaman, Industries Ministry’s Additional Secretary Sheikh Faezul Amin, Nitol-Niloy Group’s Chairman and the India-Bangladesh Chamber of Commerce and Industry’s President Abdul Matlub Ahmed were present as the special guests.

Walton High-Tech Industries PLC’s Vice-Chairman S M Shamsul Alam presided over the event. Among others, Walton’s Directors Tahmina Afrose Tanna, Shahriar Alam Shuvo and Fariha Alam Prova, Managing Director and CEO Golam Murshed also attended the closing ceremony. Walton’s Senior Executive Director Amin Khan was the moderator. 

At the function, Walton signed business deals with some local and overseas companies, including electronics goods marketing company at West Bengal in India named ‘Susmita Electronics Private Ltd,’ multinational brand Hyundai’s  authorized licensee company named ‘Golden Ark Consumer Electronics Pvt. Ltd,’ ‘Gold Star Home Appliance Industries’ and ‘Vanu Electrical Properties’.

Planning Minister M A Mannan visited various stalls on the concluding day of ATS Expo. He was impressed by Walton’s advanced technology, machinery, industrial components and products.

Addressing the closing ceremony, the planning minister said, “I feel very proud when heard the news that Walton participated in the fair in Las Vegas, exported products to Germany. Earlier I thought - only Japan, China and the developed countries can produce technology products and components; we can’t. But in ATS Expo, Walton showed the ability of Bangladesh in manufacturing industrial products and technology products. Walton has a huge field and it showed its ability at the expo. Walton is playing an important role in the progress of Bangladesh moving forward with respect on an equal footing with all countries like Japan, Germany, America, India.”

Speaking at the occasion, Walton Hi-Tech Vice-Chairman S M Shamsul Alam said, “The ATS Expo was successful. We got more response than expected. Important persons of many domestic and foreign companies visited the fair. We are very happy to see their feedback and it will encourage us to go further in the future. Every product or component manufactured in the country will reduce the import dependency of the country. Our main aim is to strengthen the domestic industry.”

Walton Hi-Tech Industries Managing Director and CEO Golam Murshed said, “The country’s first-ever industrial fair ‘ATS Expo’ witnessed a great response from both local and international companies. If we can organize this kind of industrial fair every year, domestic industrialists will no longer have to go to foreign fairs for industrial components. Now we, Bangladesh, are now self-sufficient. We generally knew about Korea, Japan through some brands. Soon, the world will know Bangladesh through Walton products.”

Commerce Secretary Tapan Kanti Ghosh said, ‘We are pleased to see that electronics industry is moving forward with huge potential after the garments industry of Bangladesh. 15 years ago, we could not have thought about the development of potential electronics industry like Walton in the country. But today Walton is moving forward with numerous electronics products as well as backward linkage industrial products. Thanks to Walton Entrepreneurs. We know - a country is highlighted in the world through a brand. I hope that Walton brand will highlight Bangladesh in the world.’

Nitol-Niloy Group’s Chairman Abdul Matlub Ahmed said, Walton did not display its products at ATS Expo; it showcased advanced technology and innovation. In today’s world, those who are innovating are ahead of everyone else. The image of Bangladesh has brightened for Walton. Now we, Bangladesh, is ready to provide advanced technology in the world. I hoped that Walton will lead the industrial robot production, AI technology and fourth industrial revolution in Bangladesh.’

ATS Expo will showcase more than 50,000 international quality industrial materials, components, services and testing facilities manufactured by Walton at a total of 21 stalls in 4 categories. Most of them are used as main raw materials and components in various stages of almost all types of industrial establishments. In addition to meeting its own needs, Walton can contribute to saving billions of dollars in foreign exchange and empowering the domestic industry by providing quality industrial materials, components and testing solutions as import substitutes to other industries in the country by reducing import dependency.