The three-day long ATS expo will continue until August 12.
Commerce Minister Tipu Munshi also said that if Walton had not started producing electronics products, Bangladesh had to pay billion dollars of imports bills.
Thanks to Walton’s visionary entrepreneur, people of the country can now buy essential electronics products at affordable prices.
Walton has created employment opportunities for thousands of people, he also said.
The commerce minister also said that Walton is not only saving billions of dollars import costs but also contributing to the country’s export income. They set a target of bagging $10 billion export earnings by 2026.
Walton will be successful in the way it is moving forward, improving and building a strong position in the global market, he hoped.
Walton Hi-Tech Industries Director SM Mahbubul Alam said that Walton’s highly trained skilled engineers are manufacturing more than 50,000 industrial materials and components through state-of-the-art machinery. These components can be used by other industries of the country.
“If the domestic companies use each other’s manufactured components, the cost of production will be reduced as well as the growth and capacity of the domestic industry will increase greatly. If we all work together, the economic prosperity of the country will be accelerated,” he also said.
Walton Hi-Tech’s MD and CEO Golam Murshed said this is the first time in the history of Bangladesh that a single Bangladeshi brand has organized such a technology and solutions expo.
The ATS Expo will highlight the potential industries of Bangladesh and the domestic industries capabilities as well. If the government’s policy support and people’s trust are maintained, Walton will take Bangladesh to a unique height in the world, he added.
Prof Shibly Rubaiyat-ul-Islam said that Walton played a major role behind the rise of the electronics industry in Bangladesh. They have created thousands of employment opportunities in the country, especially for domestic engineers and technical persons.
FBCCI President Mahbubul Alam said that electronics products are now available in every village of the country. Business-friendly environment and 100% electrification were ensured across the country. Walton is the biggest proof of that.
DCCI President Sameer Sattar said that Walton has emerged as a leading electrical and electronics brand manufacturing different industrial materials, components and solution products. It also serves for the backward linkage sector of Bangladesh.
Eminent economist Ahsan H. Mansur said that Walton was making more than 50,000 industrial materials and components. Bangladesh’s electronics industry will go further with the help of Walton.
Philippine Ambassador to Dhaka Leo Tito L. Ausan Jr said Walton is expanding its business globally.
He called for the expansion of Walton’s business in the Philippine market.
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.
