Walton Brand launched in Sri Lanka

Global electronics brand Walton has officially launched its business operation in Sri Lanka -- another milestone towards becoming one of the top global electronics brands.

Monik Trading Private Limited, a renowned Sri Lankan firm and Walton Brand's distributor, hosted the launching ceremony at a hotel in Colombo recently, says a statement.

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 present as special guests.

Speaking at the event, 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 programme, he said that continuous investments are being made in automation, product research and innovation to maintain competitiveness in the global market.

Along with overseas R&I (Research and Innovation) centre in China and South Korea, he said, product-based separate R&I centres were set up in Walton factory.

Monik Trading's Managing Director Dr Wasala Maduwantha Ariyapala said, "In terms of product quality, use of innovative and latest technology, energy efficiency, sustainability and price competitiveness, Walton brand is ahead of other brands. Very soon, Walton brand products will be available in more than a thousand retail outlets across the Sri Lankan market. These products of the Walton brand will soon find a place in thousands of sales outlets across Sri Lanka. I firmly believe that Walton brand will quickly win the hearts of Sri Lankan buyers."

Deputy Head of Mission of the Bangladesh Embassy Md. Jannatul Habib said business expansion of the Bangladeshi tech giant Walton to the Sri Lankan market is undoubtedly very good news. Through this expansion, the export income of Bangladesh will increase as well as the image of Bangladesh in the global market will be brighter.

Walton Micro-Tech's CEO Nishat Tasnim Shuchi said, "We are working in the international market with the goal of making Walton the world's leading global electronics brand. By officially launching Walton brand in Sri Lanka, we have achieved another milestone towards that goal."