Professional Documents
Culture Documents
Walton Group
Industry Conglomerate
Headquarters Kaliakair, Gazipur, Bangladesh
Number of 21,000+
employees
Website waltonbd.com
Contents
1History
2Products
3Awards
4References
5External links
History[edit]
Walton 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 the country's
economy. Walton is the one of the largest companies of Bangladesh. [citation needed][vague] It is the largest
manufacturer of household refrigerator having maximum market share in Bangladesh. [citation
needed]
Walton received the Best Taxpayer Award at the 2015 Dhaka International Trade Fair (DITF) for
the seventh time.[3] 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. [4]
On 5 October 2017, Walton inaugurated the country's first
ever smartphone and tablet manufacturing plant named "Walton Digi-Tech Industries". "Made in
Bangladesh" labeled smartphones made by Walton arrived at market in January, 2018. [5] [6]
On 18 January 18 2018, Walton launched the country's first computer and laptop manufacturing
plant.