A new fridge manufacturing factory of Walton, country’s leading electrical and electronic goods manufacturing company, is going to be inaugurated on April 5 next.Finance Minister AMA Muhith will formally inaugurate this modern fridge manufacturing factories as the chief guest.
It is one of the most modern fridge manufacturing factories of the world where fridges will be manufactured according to the automatic triple-testing system.High quality frost- and non-frost fridges with latest models and designs will be manufactured at this fully automatic manufacturing factory. This new factory is going to start production mainly targeting the markets of developed countries.
Walton authorities said they have planned to manufacture 600,000 fridges at this new factory a year. Equipped with latest technology of the world, these fridges will also be available in the local market.It may be mentioned that Walton is the only company in Bangladesh which manufactures fridges, air-conditioners and motorcycles. The new factory has been set up on a land adjacent to Walton’s factory at Chandra in Gazipur.
Comprising an area of 300,000 square feet, the factory went into production from July last year on experimental basis. With the start of commercial production, Walton’s total refrigerator manufacturing capacity is likely to reach 1.4 million units a year.Officials at Walton Hi-Tech Industries Limited said some 4,000 units of refrigerator would be manufactured at the factory every day. Most of the refrigerators will be luxurious. The maximum size of most of these refrigerators will be above 30cft with 700 litre capacity. However, these fridges will be available for customers in local markets at comparatively low prices.Walton’s Operative Director Uday Hakim said latest technology has been used at this state-of-the-art automatic manufacturing plant.
He said industrialized countries generally use single- and double-testing systems for manufacturing fridges as labour cost goes up in those countries. But, Walton has set up fridge-making machinery which is equipped with triple testing system. After production, each unit of the refrigerators will be tested thrice for ensure quality. Walton’s Head of International Marketing Lokman Hossain Akash said the company would enter the international market soon with the refrigerators which will be manufactured at the new plant. He said it is very significant for Bangladesh as high quality Walton refrigerators are going to be marketed in Europe and the United States soon.
Executive Director of Walton Marketing Department Emdadul Huq Sarker said Walton controls the refrigerator market of Bangladesh. Demand of Walton refrigerators is growing every day. Setting up of a new factory became essential to meet the growing demand of customers. Besides, Walton had a plan to manufacture luxury fridges for upper- and middle-class of customers. It is learnt that Walton has great potential to enter the international market with its products in a bigger way. Walton will be able to enter the leading markets of Europe, America, Australia and Africa if it gets necessary policy support from the government. It may be mentioned that Walton refrigerators are now exported to different countries of the world. Apart from refrigerators and freezes, Walton also exports air-conditioners, LCD and LED televisions, mobile phones etc.
Besides, Walton has planned to manufacture fridge and AC compressors, motorcycle engines, laptop etc.