Modhuban, Sylhet

An Assignment on

“Walton Bangladesh“Walton Bangladesh“Walton Bangladesh“Walton Bangladesh””””

Course title: Introduction to Business Course code: BUS-101

Submitted to:

Tanvir Ahmad Torophder Tanvir Ahmad Torophder Tanvir Ahmad Torophder Tanvir Ahmad Torophder Lecturer

Department of Business Administration

Leading University, Sylhet

Prepared by:

Torch Bearer’s

IDIDIDID NameNameNameName

1201010247 Abu Ahmed Shahib

1201010249 Md. Alimuzzaman

1201010250 Sonia Rahman

1201010245 Amina Begum

1201010215 Md. Kamrul Islam

1201010202 Masum Hussain

Section: E

Semester: 2nd

Batch: 30th

Department of Business Administration

Leading University, Sylhet

Date of Submission:Date of Submission:Date of Submission:Date of Submission: 30 April, 201230 April, 201230 April, 201230 April, 2012

Torch Bearers

”Fight for change”

Walton

”It’s our product”

Walton Headquarter

Jiban Bima Bhaban, Dilkusha,Dhaka, Bangladesh.

Table of contentsTable of contentsTable of contentsTable of contents No. Subject page

1. History 4

2. Services and functions 4

3. Mission 4

4. Company Overview 4

5. Description 5

6. Management of Walton 5

7. Walton Product gallery 6

8. Upcoming products from Walton 6

9. Sponsor 7

10. International market 7

11. International fame 8

History: Walton Hi-Tech Industries Ltd. is the one and only manufacturer of multi-staged Refrigerator, Freezer, Air Conditioner, Television and Motorcycle technology and is treated as one of the sophisticated manufacturing plant in Bangladesh and South Asia. R.B. Group (Parent Company) is one of the top business groups in the country operating with a great reputation since 1977. Walton has become a sensation all over Bangladesh and in the world of electronics, electrical and automobile industries. Services and functions: Walton is providing customers the latest technology based products, innovative design, and excellent quality with different models & capacities. Walton Hi-Tech Industries Ltd. and other sister concerns are furnished with a strong Research and Development (R&D) division comprising a large team of 600 plus dedicated highly skilled engineers and technical personnel from home and abroad. Walton HIL has a fully equipped industrial set-up with annual production capacity of 1.4 million Refrigerators and Freezers, 0.3 million Motorcycles, 0.3 million Air Conditioners, 1.0 million Televisions (3D LED, LED, LCD, CRT).Walton has its own Mold & Die making sections, VMC, CNC Wire-Cut, EDM machines. It has 08 Poly Urethane Foaming Plants, 15 Thermoforming (Vacuum forming) Units; highly equipped Metal Forming Units with Powder Coating, 3D Scanner & Printers, Nickel-Chrome Plants and Die-Casting Sections. Walton also has Robot operated Injection Plastic Molding Plants, highly equipped Test Labs, Printing & Packaging Sections, Alloy Wheel Making & ED Coating Plants, Seam Tubes, Seat Foaming & Silencer Plants, Nitrogen & Electricity Generating Plants. Walton has very strong & rigid Quality Control (QC) policy and well equipped QC division consists of all types of testing devices as required including worlds latest CMM. Walton always emphasizes on supreme priority to achieve customer satisfaction. It has a large sales& after sales service network in home & abroad. Walton has achieved various standard quality certificates including ISO 9001:2008 & ISO 14001:2004. Walton service network is the country’s only ISO 9001:2008 Standard Certified after sales service network. The products of the company have acquired a significant local market share and are also being exported globally for its world class quality. Walton sets its vision to take a place among the top Electronics, Automobiles, and Telecommunication Industries in the world by 2015. In a nutshell, it has been vehemently proved that Made in Bangladesh is the mark of ultimate confidence. Mission The company desires to provide the latest technology based products with innovative design, excellent quality and many different models & capacities. In this concern, Management of Walton HIL ensures their commitments for quality at any cost. WALTON brand main products are different types of Television (CRT, LCD, LED) , DVD Player, Motorcycle, Refrigerator & Freezer, Walton Mobile Phone, Microwave Oven, Steam Oven, Domestic and Industrial Generator, Manganese & Alkaline Battery, Air conditioner and various types of necessary and useful home appliances etc. Company Overview Walton HIL (Walton Hi-Tech Industries Ltd.) is the pioneer of Refrigerator, Freezer, Air Conditioner and Motorcycle Manufacturing Technology in Bangladesh. R. B. Group (Mother Company) is the country's top business Group in electrical and electronics, Motorcycle, Electricity generating equipments and other household electrical & electronics appliances using the brand name WALTON.

Description The company has been running its business with a great reputation since 1977. Establishment of Walton HIL to Manufacture Refrigerator & Freezer, Air Conditioner and Motorcycle etc. in Bangladesh is a milestone in the path of success and reputation of the brand WALTON. Walton HIL has introduced first advanced research and manufacturing technologies and equipments for household & commercial Refrigerator & Freezer, Motorcycle and Air Conditioner etc. in Bangladesh. Walton HIL is furnished with strong Research & Development (R&D) Division comprising of a large team of dedicated highly skilled engineers & technical personnel from home and abroad. It is fully equipped industrial set-up with annual production capacity of 1.2 million Refrigerator & Freezers, 0.15 million Motorcycle and 0.3 million Air Conditioners, 1.0 Million Televisions (CRT, LCD & LED). The Industry has its own Mold & Die making section, high precision molds & dies are made by the help of the state-of-the-art VMC, CNC Wire-Cut, EDM etc. machines. The company has three Poly Urethane Foaming Plants, three Thermoforming (Vacuum forming)Units, highly equipped Metal Forming Units with Powder Coating, Nickel-Chrome Plant & Die-Casting Section, Robot operated Injection Plastic Molding Plant, Highly equipped Test Lab, Printing & Packaging Section etc. Walton HIL always emphasizes on supreme priority in achieving customer satisfaction. Management of Walton: R.B. Group of Companies Ltd, a leading electrical, electronics and automobile manufacturing and marketing company in Bangladesh, will export Walton brand refrigerators and motorcycles to technology-developed country Malaysia. The local company recently signed an agreement in this regard with a famous Malaysian company- Aget Group- at its office at Menara Safun Tower in Kuala Lumpur. Under the agreement, at the primary stage the Malaysian company will import one lakh refrigerators and 50,000 motorcycles every year. This has already created huge enthusiasm at home and some countries abroad. Through its marketing channels, Aget Group will sell the imported Walton brand refrigerators and motorcycles to Indonesia, Singapore, Vietnam, Myanmar and other countries. Walton Adviser Mizanur Rahman and founder and Chairman of Aget Group Dr. Sultan Abdul Kadir signed the agreement on behalf of their respective sides. Walton Director (Finance) Abul Basar Howladar, Managing Director of Seven C Resources Matiur Rahman, Managing Director of Deen Metal Industries Ahmed Ali and General Manager of Aget Group Engineer King Lee were also present at the signing ceremony. At the signing ceremony, Dr. Sultan Abdul Kadir expressed his interest to invest in Bangladesh saying that Bangladesh can be prosperous because of her plenty of natural resources and cheap manpower. He also pointed out that through the agreement the relationship between the two countries would increase in future and Bangladesh would get an opportunity to expand its market in the ASEAN region. Walton Adviser Mijanur Rhaman said: “Walton refrigerators are being exported to South Africa, Australia and some other European countries. Walton now eyes ASEAN countries for doing good business.” A RB Group official said, “The recent economic meltdown gives Walton a competitive edge as its production cost is relatively cheaper because of lower wages.” “Many manufacturing plants in developed countries were shut down following the global meltdown. These countries are now looking for import from developing countries,” he said. Headquartered in Kuala Lumpur, Aget Group is one of the world leaders in power production, infrastructure development, housing, flyover construction, steel industry and finance sector. It has largely investment in Indonesia, Singapore, India, Vietnam and Myanmar. The company has also showed its interest to invest in different sectors in Bangladesh under the arrangement of RB Group of Companies.

Head Office: Jiban Bima Bhaban (Level 3), 10, Dilkusha C/A, Dhaka-1000, Bangladesh. Tel:+88-02-9571634-6, 7171184-5 9558535, 9554048, 7171873 Fax:88-02-9572057, 9551577 E-mail: info@waltonbd.com

Sales & International Marketing Office Jiban Bima Tower (Level-12), 10, Dilkusha C/A, Dhaka-1000, Bangladesh. Tel:+88-02-9571634-6, 7171184-5 9558535, 9554048, 7171873 Fax:88-02-9572057, 9551577 E-mail: info@waltonbd.com

HRM, Mobile Phone & Media Office Printers Building, Level 10 & 11, 5 Rajuke Avenue, Motijheel C/A, Dhaka-1000, Bangladesh. E-mail:info@waltonbd.com

Walton Central Service Management System 386/B, Khilgaon Chowdhury Para, Khilgaon, Dhaka. Phone +88-02-7213293, 7215313. E-mail :support@waltonbd.com

Walton Hi-Tech Industries LTD. Chandra,Kaliakoir, Gazipur. E-mail: engn@waltonbd.com

Walton Product gallery Television: Walk into the new arena/world of entertainment with Walton LCD & LED television. Walton brings you world class LCD & LED television to enjoy the stunning entertaining world. Refrigerator: Walton offers wide range of refrigerators & freezers with a lot of variety in colors, dimensions & types. Freezer: Walton Refrigerator & Freezer ensures highest quality compressor, Condenser is made by 100% copper which lasting for 20-30 years. Generator: Walton Generator scientifically developed technology that deliveries of Clean Power that means much more reliability but interruptions are very low. Motorcycle: Walton motorcycle produced with modern innovative technology, elegant shape & design with different models of 80cc to 140cc motorcycle maintaining international standard quality. DVD Player: Add a touch of Walton DVD Player of unique style to your home entertainment area. This lightweight, compact DVD player also up converts you’re DVDs. Mobile: WALTON Mobile is an elegant line of mobile phone handsets. It is distinctive by its unquestionable quality, longer durability and eye-popping style. Microwave oven: Walton Microwave Oven cooking standard is very high. Walton Microwave Oven has some special features like as Power output:900w, Cavity capacity :28liters(1.1cu.ft), Washing Machine: Walton Washing Machine standard is very high. Iron: STEAM-IRONNING Sit the temperature rotitlol to position for moderate steam and to for maximum steam. With conventional steam iron, water may leak from the, sole plate if a too low temperature has been occur. Air Conditioner: Walton presents the perfect solution from heat & high temperature with its Air Conditioner. Only Walton air conditioner ensures exact BTU that’s why experts are so sure & confident about it. Upcoming products from Walton: Walton T73 Mobile: Dual Sim Dual Standby 2.8” QVGA Capacitive Touch Display MP3, MP4. AVI, FLV, King Movie Player 2.0 MP Camera, Digital zoom, visual effects LED Torch 3.5 Audio Jack Bluetooth T-flash slot up to 8GB FM Radio, FM Recording GPRS,

JAVA Call conference, Auto call recording Blacklist, SMS Blacklist, Freezer: Refrigerator Type : Freezer. Net Volume : 125 Litre. Condenser: 100% Cooper. Door Sheet : VCM. Dimension (LxWxD) mm : 890x740x535. SP1011: CPU Cortex A8 1.2GHz Rockchip2918 Memory DDRIII 1GB Nand Flash 16GB Storage Card Support maximum 32GB Micro SD (TF) external Display 9.7 inch 4:3 TFT-LED panel, 1024x768 display resolution Capacitive Touch panel, support multi-touch feature(10point) Wireless Network Wi-Fi 802.11b/g/ SP0711B: CPU Cortex A8 1.2GHz Rockchip2918 Memory DDRIII 512MB Nand Flash 8G Storage Card Support maximum 32GB Micro SD (TF) external Display 7 inch 16:9 TFT-LED panel, 1024x600 display resolution Capacitive Touch panel, support multi-touch feature Bluetooth. Sponsor: Surma wins the WALTON-Rtv Independence Gold Cup Football Tournament beating Student Express Jamuna by 6–3 goals. The final match of the tournament was held in Dubai of the United Arab Emirates on Friday night.Dr. Nazmul Kownain, High Commissioner of Bangladesh to United Arab Emirates, inaugurated the final match of the tournament at the Dalasco playground in Dubai.Mr. Abu Zafar, consul general of the embassy, Dr. Mahmudul Haque, commercial councilor, Mr. Bader Hareb, public relations director of Dubai Sports Council, Mr. Humayun Kabir, Executive Director (PR and Media) of WALTON, Mr. Syed Ashik Rahman, CEO - RTV, Mr. Udoy Hakim, Chief of Creative & Publication Department of WALTON, Mr. Lokman Hossain Akash, Chief of International Marketing Department of WALTON, Mr. Enayet Ferdous, Media Adviser, Dr. Ali Reza Khan, Director of Dubai Zoo, Engr. Abu Zafar and Mr. Salam Khan were present on the occasion. About 20,000 Bangladeshi expatriates witnessed the final match with enthusiasm. WALTON and Rtv jointly organised the football tournament. A total of eight teams under two groups participated in the tournament. The names of the teams are Padma, Meghna, Jamuna, Sumra, Kirtonkhola, Karnophuli, Buriganga and Dhaleshwari. The winning team Surma was comprised of Bangladeshi journalists working in Middle East.In his speech, Mr. Udoy Hakim said “We are very glad that the Dalasco playground in Dubai has become a piece of Bangladesh”. International market: Walton pursues its 21st century vision of becoming a true universal digital brand through innovative design, latest technology and proper customer satisfaction. Walton set its vision to take a place among the top electronics, automobiles, and telecommunication Industries in the world by 2015. The products of the company have acquired a significant local market share and are also exporting to different countries in the world like United Arab Emirates, Myanmar, Sudan, Qatar etc. And we are prepared for huge market access to Australia, Singapore, Poland, Romania, Ethiopia, Saudi Arabia, South Africa, Oman, Kuwait, Yemen, Bhutan, Nepal, Bahrain, Nigeria and Ghana. Our major overseas distributors are: Australia gtbc Australia 13 brechin court, greenvale vic-3059, Australia. Tel: 0061 393 335 183 mobile: +0061 410 262 731, 0061 415 506 805

United Arab Emirates(u.a.e) mohd. Maqbol general trading(l.l.c) 117-236, al murar, deira f-314 (3rd floor) United Arab Emirates mobile: +971 50 884 5306, 55 649658

Qatar Nasser bin saad trad, cont. Est. C.r. No. 23175 p.o box no. 23695 Doha, Qatar tel: 0097 4482 0029

North Sudan nageer engineering enterprises 60, street, taif khartoum, North Sudan tel: 0024 9912 392 336

Singapore Tanmoy enterprise 25/27 lembu road, Singapore mobile: +6598 620 665, +6582 372 343, +6596 220 740

Myanmar hero international ent'p ltd. No. 186/188, ground floor, pansodan t/ship, Yangon, Myanmar. Tel: 0095 1388 438, 391575

India bothra international p.o: Mankachal dist: Dhubri, Assam. Tel: 0091 9435 015 652

Ghana Ahmed kabir ltd. P.o: box: af 1747 Accra, Ghana tel: 00233 263 945 965

International fame: Walton brand products have won the hearts of millions and would be exported to many countries including Japan due to its high quality. Japanese Ambassador to Bangladesh Shiro Sadoshimo said this while talking to the newsmen after visiting the electronics and automobile factory Walton Hi-Tech Industries Ltd. at Chandra, Kaliakair in Gazipur on Tuesday. There is a great possibility for Walton products to be exported in Japan as Bangladesh and Japan have a good friendly relation for a long time and have huge opportunities for co-operation in different fields like trade; he added. If Bangladesh and Japan work together the economic expansion of the two countries will be more progressive, he pointed out. The Japanese envoy assured the Walton authority for providing all kinds of technical supports to develop the production facilitates and other supports to promote Walton products in Japanese market. At this time he went round different units of the factory equipped by the state-of-art technology that manufactures fridge, motorcycle and air-conditioners with Miki Yamamato, economic counselor of the Japanese embassy, S M Shamsul Alam, Chairman of Walton Hi-Tech Industries Ltd, S M Ashraful Alam, Managing Director, Lokman Hossain Akash, Chief of Walton International Marketing Department and Enayet Ferdous, media adviser accompanied the Japanese envoy during the visit. Some Japanese companies have expressed their interest in importing Walton products from Bangladesh, Lokman Hossain Akash informed this while mentioning that the company has acquired positive image in international market for its electronics, electrical and automobile products. Senior Deputy Director and Chief of Creative & Publication, Uday Hakim has said Walton factory uses more American and German technology compared to the Japanese technology. Shiro Sadoshimo remarks that the visit will not only increase the use of Japanese technology in Walton factory but also create an opportunity to export Walton products in Japan. The visit is also an initiative to increase trade relation and technological cooperation between these two countries.