Walton refrigerator plant goes into production soon
Friday, 14 September 2007
FE Report
Walton Hi Tech Industry, one of the sister concerns of the RB Group, a local electronics, electrical and automobiles marketing company, is going to manufacture "Walton Brand " refrigerators, said company source.
Using the latest high-grade machinery and the most advanced technology, the company will start its production in full swing by December this year, the source added.
Walton Hi Tech Industry is set to produce 2050 fridges per day integrating the advanced technology, which is used in the present world.
To meet the local demand the company has taken a plan to export their products. In this connection, the company has recently signed an agreement to export their products in many countries.
Most of the Asian leading countries boosted their economies through industrialisation. Electronics industries have played a great role in industrialisation of many of the countries.
In Thailand total population is 70 million (seven crore) and the annual demand for refrigerator is 1.2 million while the number of refrigerators is 10 only.
To meet the demand for refrigeration of 140 million people in Bangladesh there is no refrigeration industry in the country.
The main causes behind this are the easy import-based trading business and lack of government support in this sector.
Walton Hi Tech Industry, one of the sister concerns of the RB Group, a local electronics, electrical and automobiles marketing company, is going to manufacture "Walton Brand " refrigerators, said company source.
Using the latest high-grade machinery and the most advanced technology, the company will start its production in full swing by December this year, the source added.
Walton Hi Tech Industry is set to produce 2050 fridges per day integrating the advanced technology, which is used in the present world.
To meet the local demand the company has taken a plan to export their products. In this connection, the company has recently signed an agreement to export their products in many countries.
Most of the Asian leading countries boosted their economies through industrialisation. Electronics industries have played a great role in industrialisation of many of the countries.
In Thailand total population is 70 million (seven crore) and the annual demand for refrigerator is 1.2 million while the number of refrigerators is 10 only.
To meet the demand for refrigeration of 140 million people in Bangladesh there is no refrigeration industry in the country.
The main causes behind this are the easy import-based trading business and lack of government support in this sector.