Walton targets to export 10 lakh compressors to Turkey by 2023

Walton has set a target of exporting 10 lakh compressors to Turkey by 2023.

The local brand has already shipped out 2 lakh compressors to Turkey. To export 3 lakh compressors in 2022, Walton has inked another fresh deal Kargi Sogutma Isitma San Ve Tic, said a press release.

Kargi is a renowned brand in Turkey that deals with import, export and marketing of hi-tech spare parts for domestic and industrial products with a comprehensive range of customer portfolios throughout the country and also abroad, especially in Europe.

Walton and Kargi signed a new deal Thursday at the five-day ISK Sodex International Trade Fair held in Istanbul from September 29 to October 2.

Walton International Business Unit President Edward Kim and Kargi Managing Director Emin Kargi signed the deal, the release reads.

The ISK Sodex, which takes place every two years in Istanbul, is the world's third-largest and Eurasia's largest international trade fair for ventilation, refrigeration and air conditioning technology.

Walton Director SM Mahbubul Alam said, "At the fair, businessmen from Saudi Arabia, Greece, Iraq, Iran, Lebanon and other countries met with Walton representatives and showed great interest in importing 'Made in Bangladesh' electronics and technology products, including compressors."

Walton is now exporting compressors and spare parts to countries such as Germany, Austria, Slovakia, Iraq, Turkey, Nepal, and East Timor, according to a media statement.