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R.B Group of Industries was founded by S.M Nurul Alam Rezvi in 1977 as a trading company. Over the next three decades the group diversified into steel, textiles, electronics and automobiles. Walton entered into the steel industry in late 1970s and the electronics and automobiles in early 2000s; these areas would drive its subsequent growth. Since the 2000s Walton has expanded towards electronics and automobiles and these became its most important sources of income.
R.B Group of Industries was founded by S.M Nurul Alam Rezvi in 1977 as a trading company. Over the next three decades the group diversified into steel, textiles, electronics and automobiles. Walton entered into the steel industry in late 1970s and the electronics and automobiles in early 2000s; these areas would drive its subsequent growth. Since the 2000s Walton has expanded towards electronics and automobiles and these became its most important sources of income.


Walton is one of the highest taxpayers in Bangladesh and has a strong impact on country's economy. It was awarded for its export revenues. Walton received awards at Dhaka International Trade Fair (DITF), 2013 one was for paying the most taxpes.<ref name="The Financial Express">{{cite web|first=The Financial Express|title=Walton gets 1st prize in Premier category at DITF|url=http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDJfMDJfMTNfMV85MF8xNTg4MDM=|publisher=The Financial Express|accessdate=24 March 2013}}</ref>
Walton is one of the highest taxpayers in Bangladesh and has a strong impact on country's economy. It was awarded for its export revenues. Walton received awards at the 2013 Dhaka International Trade Fair (DITF), including one for paying the most taxes.<ref name="The Financial Express">{{cite web|first=The Financial Express|title=Walton gets 1st prize in Premier category at DITF|url=http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDJfMDJfMTNfMV85MF8xNTg4MDM=|publisher=The Financial Express|accessdate=24 March 2013}}</ref>


==Walton Hi-Tech Industries Limited factory==
==Walton Hi-Tech Industries Limited factory==
Walton Hi-Tech Industry Limited is the sister concern of R.B Group of Industries, Limited and it is the manufacturing and assembly plant of Walton consumer electronics and automobiles based in Chandra, [[Gazipur District|Gazipur]]. It was formed in 2002 and construction completed in 2006, beginning operations from 2008. The total area of the factory is {{convert|2160000|sqft}}. 8000 technical professionals and staff work in this factory. There are several units inside the factory where various components of refrigerator, freezer, motorcycle, air-conditioners and their spare parts are designed, manufactured and assembled. In 2012, Walton started to manufacture its own compressor and engines for its refrigerators and motor cycles. The company aimed to produce 3 million refrigerator compressors and 300,000 motorcycle engines.<ref name="Financial Express">{{cite news|first=The Financial Express|title=Walton to set up compressor , engine producing units|url=http://www.thefinancialexpress-bd.com/more.php?news_id=129921&date=2012-05-17|accessdate=28 March 2013|newspaper=The Financial Express|date=17 May 2012}}</ref> Walton inaugurated its refrigerator manufacturing factory on April 5, 2013.<ref name="Waltonbd">{{cite news|first=WALTON|title=Walton's new fridge making factory opens on April 5|url=http://www.waltonbd.com/news/press-release/waltons-new-fridge-making--factory-opens-on-april-five|publisher=waltonbd.com|date=2013-03-28|accessdate=28 March 2013}}</ref>
Walton Hi-Tech Industry Limited is the sister concern of R.B Group of Industries, Limited and it is the manufacturing and assembly plant of Walton consumer electronics and automobiles based in Chandra, [[Gazipur District|Gazipur]]. It was formed in 2002 and construction completed in 2006, beginning operations from 2008. The total area of the factory is {{convert|2160000|sqft}}. 8000 technical professionals and staff work in this factory. There are several units inside the factory where various components of refrigerator, freezer, motorcycle, air-conditioners and their spare parts are designed, manufactured and assembled. In 2012, Walton started to manufacture its own compressor and engines for its refrigerators and motor cycles. The company aimed to produce 3 million refrigerator compressors and 300,000 motorcycle engines.<ref name="Financial Express">{{cite news|first=The Financial Express|title=Walton to set up compressor , engine producing units|url=http://www.thefinancialexpress-bd.com/more.php?news_id=129921&date=2012-05-17|accessdate=28 March 2013|newspaper=The Financial Express|date=17 May 2012}}</ref> Walton inaugurated its refrigerator manufacturing factory on April 5, 2013.<ref name="Waltonbd">{{cite news|first=WALTON|title=Walton's new fridge making factory opens on April 5|url=http://www.waltonbd.com/news/press-release/waltons-new-fridge-making--factory-opens-on-april-five|publisher=waltonbd.com|date=2013-03-28|accessdate=28 March 2013}}</ref>
[[File:Walton HighTech Industry.jpg|thumb|Walton Hi Tech Industry Factory in Chandra, Gazipur]]
[[File:Walton HighTech Industry.jpg|thumb|Walton Hi Tech Industry Factory in Chandra, Gazipur]


===Walton Micro-Tech factory===
===Walton Micro-Tech factory===

Revision as of 20:20, 4 August 2013

Walton Hi-Tech Industries Limited
Company typePrivate Limited Company
IndustryConglomerate
Founded1977
HeadquartersJiban Bima Bhaban(Level- 3), Dhaka, Bangladesh
Area served
Worldwide
Key people
S.M. Nurul Alam Rezvi
(Chairman)
ProductsElectronics, Automobile, Telecommunication
Number of employees
10000+
Websitewww.waltonbd.com

Walton (Bengali: ওয়াল্টন), a brand of R.B Group of Industries is a conglomerate based in Dhaka, Bangladesh. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Walton brand. The subsidiaries include Walton Motors, Walton Mobile and Walton Electronics. Walton produces electronics, motor vehicles, and telecommunications products.

R.B Group of Industries was founded by S.M Nurul Alam Rezvi in 1977 as a trading company. Over the next three decades the group diversified into steel, textiles, electronics and automobiles. Walton entered into the steel industry in late 1970s and the electronics and automobiles in early 2000s; these areas would drive its subsequent growth. Since the 2000s Walton has expanded towards electronics and automobiles and these became its most important sources of income.

Walton is one of the highest taxpayers in Bangladesh and has a strong impact on country's economy. It was awarded for its export revenues. Walton received awards at the 2013 Dhaka International Trade Fair (DITF), including one for paying the most taxes.[1]

Walton Hi-Tech Industries Limited factory

Walton Hi-Tech Industry Limited is the sister concern of R.B Group of Industries, Limited and it is the manufacturing and assembly plant of Walton consumer electronics and automobiles based in Chandra, Gazipur. It was formed in 2002 and construction completed in 2006, beginning operations from 2008. The total area of the factory is 2,160,000 square feet (201,000 m2). 8000 technical professionals and staff work in this factory. There are several units inside the factory where various components of refrigerator, freezer, motorcycle, air-conditioners and their spare parts are designed, manufactured and assembled. In 2012, Walton started to manufacture its own compressor and engines for its refrigerators and motor cycles. The company aimed to produce 3 million refrigerator compressors and 300,000 motorcycle engines.[2] Walton inaugurated its refrigerator manufacturing factory on April 5, 2013.[3] [[File:Walton HighTech Industry.jpg|thumb|Walton Hi Tech Industry Factory in Chandra, Gazipur]

Walton Micro-Tech factory

Walton Micro-Tech factory is situated near the Walton Hi-Tech Industries Limited’s factory at Chandra in Gazipur. It is the manufacturing and assembling plant fof Walton's Televisions and DVD players. Walton and Marcel are separate brand names where MARCEL only applies to televisions.[4]

References

  1. ^ "Walton gets 1st prize in Premier category at DITF". The Financial Express. Retrieved 24 March 2013. {{cite web}}: |first= missing |last= (help)
  2. ^ "Walton to set up compressor , engine producing units". The Financial Express. 17 May 2012. Retrieved 28 March 2013. {{cite news}}: |first= missing |last= (help)
  3. ^ "Walton's new fridge making factory opens on April 5". waltonbd.com. 2013-03-28. Retrieved 28 March 2013. {{cite news}}: |first= missing |last= (help)
  4. ^ The Independent, Microtech Industry (5 August 2010). "German envoy hails Walton factory". The daily Independent. Retrieved 28 March 2013.


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