Walton receives ‘National Export Trophy’


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Walton receives ‘National Export Trophy’

Country’s capital market listed electronics giant Walton has received ‘National
Export Trophy’ in recognition of its outstanding contribution to the export of
electrical and electronics products in Bangladesh during the financial year 2020-
A total of 73 companies, including Walton, were awarded this trophy at a
programme held at the Osmani Memorial Auditorium in the capital on Wednesday
last (November 8).
Attending the function as the chief guest, Commerce Minister Tipu Munshi handed
over the ‘National Export Trophy’ to the awardees.
On behalf of Walton Hi-Tech Industries PLC’s Chairman S M Shamsul Alam,
Company's Additional Managing Director (AMD) S M Shoyeb Hossain Nobel
took the ‘National Export Trophy’ from the commerce minister.
Export Promotion Bureau’s Vice Chairman AHM Ahsan and FBCCI President
Mahbubul Alam were present as special guests. Commerce Secretary Tapan Kanti
Ghosh presided over the event.
Expressing his reaction, Walton's AMD S M Shoyeb Hossain Nobel said, “The
domestic electrical and electronics market was fully import-oriented earlier. Later,
Walton has changed that picture by producing and marketing international standard
electrical, electronics, home and kitchen appliances in Bangladesh. We also
secured lion portion of the domesti market share in this sector. Besides, Walton is
also earning huge foreign currencies by exporting 'Made in Bangladesh' labelled
electrical and electronics products to more than 40 countries in Asia, Middle East,
Africa, Europe and America. As a result, the image of Bangladesh has been further
brightened in the world. In recognition of this, Walton was awarded the National
Export Trophy.”
He also called upon the authorities concerned for providing special incentives on
the exports of electrical and electronics products. If this sector gets special
incentives on exports, the annual export earnings of this sector will be reached
around US$ 2 billion, he hoped.



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