From now on, Walton will be exporting compressors to Iraq. In this regard, the company signed a deal with Ashrqat Alnarjes General Company. In other words, a renowned electronics retailer in Iraq.
Read more: Walton IPO Subscription Begins From August 9
To illustrate, the foreign representatives took a tour at the end of the last year at the Walton factory. Not to mention, the compressor production process with the state-of-the-art technologies impressed them. Hence, they offered to be the distributor of Walton in Iraq.
“It is very inspiring that more and more global brands are also continuously knocking them to supply compressors in a huge volume even in this evolving Covid-19 pandemic.
From the Switzerland based international testing lab SGS, several products of Walton have already received many standard certificates including CE, ROHS and EMC.”
– Edward Kim ( President, Walton IBU)
At this instant, after tapping the Iraqi market, the company will ensure to make a footprint in the neighboring countries in the Middle East. Keep this in mind, the company took ‘zero tolerances’ policy to assure the quality. Besides, the company installed an international standard QC (Quality Control) laboratory. Coupled with, advanced testing tools and machinery.
Generally speaking, the compressor industry as a promising sector of Bangladesh. In fact, the Walton compressor factory has the capacity of manufacturing four million units of compressors per year.
At this moment, A group of expert engineers is working relentlessly with the plan of raising the annual production capacity to 10 million units by 2025.
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