Business Report :
Global electronics brand Walton has officially launched its business operation in Sri Lanka, marked another milestone towards becoming one of the top global electronics brands.
Recently, Walton Brand was launched at a splendid programme held at Cinnamon Life Hotel in Colombo. The grand launching programme was organised by ‘Monik Trading Private Limited’, a renowned Sri Lankan farm and Walton Brand’s distributor.
S M Mahbubul Alam, Managing Director of Walton Hi-Tech Industries PLC, attended the function as the chief guest while Dr Wasala Maduwantha Ariyapala, Managing Director of Monik Trading, Md. Jannatul Habib, Deputy Head of Mission of the Bangladesh Embassy in Sri Lanka, Thisara Perera, former captain of the Sri Lankan National Cricket Team and Nishat Tasnim Shuchi, Chief Executive Officer of Walton Micro-Tech Corporation were also present as special guests. Apart from them, around four hundred distributors and traders from Sri Lanka also participated in the programme, says a press release.
Speaking as the chief guest at the program, Walton Hi-Tech’s Managing Director S M Mahbubul Alam said, “Walton has presence in Sri Lanka for a long time through cricket sponsorship. Now, the business operation of Walton has launched and we are very happy to get Monik Trading as a partner in the path of Walton brand business in Sri Lanka.”
Highlighting product research and innovation, technological development and other initiatives at the program, Walton’s Managing Director said that continuous investments are being made in automation, product research and innovation to uphold competitiveness the global market.
Along with overseas R&I (Research and Innovation) center in China and South Korea, he said, product based separate R&I centers were set up in Walton factory.
Mahbubul Alam also noted that design, technology, features and quality of Walton products are constantly being developed according to the customer needs, weather conditions and standards of developed countries.
In continuation of this, Walton has been able to produce South Asia’s most energy-efficient residential AC and the world’s first voice control AC. In addition, Walton’s refrigerators, ACs, TVs and other products have been equipped with its own innovative and cutting-edge smart technologies and features like energy-efficient intelligent inverter technology, IoT, AI or artificial intelligence.
Pointing at the success of Walton brand business expansion in the global market, he said, “Walton brand business is currently being operated in more than 50 countries in Asia, Middle East, Africa and Europe. The demand and use of Walton brand products in Asian countries is going up. I firmly believe that Walton brand will be able to secure a strong market position through winning the trust of Sri Lankan buyers.”
