[🇧🇩] Electronics and Home Appliances Industry in Bangladesh

[Saif]

Rancon rolls out high-end LG TVs made in Bangladesh

Local conglomerate Rancon Electronics has begun manufacturing and selling LG-branded high-end televisions, providing customers with products at cost-effective prices in the fast-expanding smart TV market in Bangladesh.

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Rancon rolls out high-end LG TVs made in Bangladesh

Romo Rouf Chowdhury, fifth from left, group managing director of Rancon Group, and Jae Seung Kim, fourth from right, regional CEO of LG Electronics, pose for photographs after the launch of Rancon Electronics' LG manufacturing facility at the Rancon Industrial Park in Gazipur's Bhabanipur yesterday. Sung Hoo Chung, managing director for Singapore at LG Electronics, Yongil Ko, managing director for Bangladesh, and Farhana Karim, managing director of Rancon Holdings, were also present. Photo: Rashed Shumon

Local conglomerate Rancon Electronics has begun manufacturing and selling LG-branded high-end televisions, providing customers with products at cost-effective prices in the fast-expanding smart TV market in Bangladesh.

Rancon has already set up a manufacturing facility in partnership with South Korean multinational LG Electronics, one of the largest electronics manufacturers in the world known for innovation and quality.

For Bangladeshi consumers, the partnership means access to advanced, premium-quality yet affordable smart TVs, enhancing their viewing experience.

On the back of the collaboration, Rancon, which is diversifying its manufacturing prowess from home electronics to automotive, aims to strengthen its production capabilities and market footprint.

"LG is a strong brand, and we want to elevate the LG brand in Bangladesh to new heights," said Romo Rouf Chowdhury, group managing director of Rancon.

Rancon has already set up a manufacturing facility in partnership with South Korean multinational LG Electronics, one of the largest electronics manufacturers in the world known for innovation and quality.

"We will also strive to make LG extremely affordable among Bangladeshi customers while providing the highest quality of products and services."

He was speaking while inaugurating Rancon Electronics' LG manufacturing facility at the Rancon Industrial Park in Gazipur's Bhabanipur yesterday.

Jae Seung Kim, regional CEO of LG Electronics, Sung Hoo Chung, its managing director for Singapore, Yongil Ko, managing director for Bangladesh, and Farhana Karim, managing director of Rancon Holdings, were present.

"We, at Rancon, are excited. We are thrilled to announce the inauguration of LG TV manufacturing under the LG licence," said Chowdhury.

"LG is a well-known international brand, and everyone is aware of LG's brand and the quality of TVs they manufacture."

The manufacturing under the licence from LG means that TVs produced in Bangladesh will maintain the same quality and standards as those made anywhere else in the world.

Chowdhury shared how LG TVs manufactured by Rancon will meet global standards.

"At Rancon, we have been manufacturing TVs for almost 10 years for other brands and our own brand. Since our official association with LG, we have established a new factory and a new production line, and put in place new standards that meet LG's exceptionally high requirements."

He added: "LG TVs are being manufactured here in a completely dust-free environment. To maintain such sophisticated processes, we have made significant investments in our facility. Therefore, there will be no difference between imported LG TVs and those manufactured in Bangladesh."

For LG Electronics, a global market leader in OLED (Organic Light-Emitting Diode) TVs, the partnership expands its presence in the country. By leveraging Rancon's local expertise, it will tap into the growing market.

"At LG Electronics, we are constantly looking for ways to expand our TV business, diversify our production, and increase our capacities," said Jae Seung Kim.

"The new facility will allow us to pursue customers here," he said, adding local manufacturing will facilitate technology transfer and create new jobs.

He said LG Electronics' partnership with Rancon demonstrates the power of collaboration to drive innovation.

"We are extremely optimistic about our long-term partnership with Rancon Group. Together, I believe, we can set new standards in manufacturing and contribute significantly to the growth of Bangladesh's economy."

Kim praised Rancon, saying it has earned a reputation for its excellence in manufacturing.

"They work with renowned automotive brands like Mitsubishi and Suzuki. They have demonstrated a commitment to quality and innovation in home electronics, which is truly impressive."

He said Bangladesh has tremendous potential for growth in the electronics market. "That's why we are committed to expanding our presence here and offering our innovative products to customers."

The regional CEO of LG Electronics said it is inspiring to see LG's OLED, NanoCell and UHD TVs being produced at the Rancon facility.

Set up in 1979, Rancon has evolved into a robust group with 32 business units, employing more than 4,000 people. Known for its strong presence in the trading business until 2010, it has since invested heavily in manufacturing.

At the 700,000-square-foot sprawling manufacturing units at the park, Rancon produces motorcycles, refrigerators and TVs.

"We will also be manufacturing automobiles soon," announced Chowdhury.

The complex also boasts a rooftop solar power plant, generating 1.5 megawatts of electricity, a testament to the group's commitment to establishing a green factory.

"We manufacture under licences from many internationally renowned brands, and our commitment to consumers in Bangladesh is to offer high-quality products at reasonable prices," he said.

Rangs eMart launches LG OLED C3

Rangs eMart, a sister concern of Rancon Holdings Limited, rolled out LG OLED C3 from the latest TV series of the South Korean conglomerate. The event was held at its Gulshan-2 showroom in Dhaka.

"We prioritise customer preferences in every product we create. As always, we have brought these smart TVs with new features and cutting-edge technologies to the market. We hope to get a positive response from customers," said Kim.

"Our commitment to innovation and sustainability drives us to create products that not only enhance everyday living but also contribute to a better future."

The new range of televisions spans four series and includes the models: 65-inch OLED C3, 55-inch OLED C3, 55-inch QNED80, 75-inch NANO75, 65-inch NANO75, 55-inch NANO75, 50-inch NANO75, 43-inch NANO75, and 43-inch UR8050.

The smart TVs come equipped with new features and cutting-edge technology. Rangs eMart also introduced the full range of LG NANO televisions, which represent the pinnacle of quality and innovation, reinforcing LG's status as a leader in the electronics industry.

The company is confident that these additions will provide customers with an unparalleled viewing experience.

Furthermore, Rangs eMart launched the world's largest OLED TV, which is LG OLED 97-inch television. The company believes these new offerings will enrich the lives of customers, providing the best in-home entertainment.

"Rangs eMart is thrilled to bring the state-of-the-art LG TVs to the Bangladeshi market, continuing its commitment to providing high-quality, advanced technology products to its customers," said Yamin Sharif Chowdhury, divisional director of Rangs e-Mart.

"I believe these new models of TVs will satisfy customers."

Sung Hoo Chung, managing director of LG Electronics for Singapore, Yongil Ko, managing director for Bangladesh, Farhana Karim, managing director of Rancon Holdings, Imran Zaman, divisional director of Rancon Electronics, and Quazi Ashiq Ur Rahman, executive director of Rancon Electronics, were also present at the launch.​

 

[Bilal9]

Walton aims for global electronics manufacturing dominance

"Walton focuses on innovation, evident in our adoption of AIoT in smart refrigerators. With features like IoT control through smartphones and AI-based MSO inverter technology, we prioritize energy efficiency and attractive design in our products," says the CBO of Walton Refrigerator
https://www.dhakatribune.com/342882

Walton Refrigerator Chief Business Officer Tofail Ahmed. Photo: Collected
In an exclusive interview with Dhaka Tribune's Tanveer Mohiuddin, the Chief Business Officer of Walton Refrigerator, Tofail Ahmed highlights the company's plan for global expansion, focusing on its vision to become a leading global electronic brand and its efforts to manufacture products aligned with the standards of developed nations.

Walton has been expanding its brand business into new countries across Europe, Asia, the Middle East, and Africa. Could you provide insights into the company's expansion strategy and how it aligns with Walton's long-term objectives?

Walton envisions becoming a top global electronic brand. We've set a roadmap with short, mid, and long-term planning. Establishing subsidiaries and offices in various countries, especially in the USA and Europe, is part of our strategy. Additionally, we've established a Research and Innovation (R&I) centre in South Korea to tailor our products to the standards and preferences of developed nations.

Could you elaborate on Walton's efforts to manufacture products according to the standards of developed countries like Europe and America? How does this contribute to Walton's global competitiveness?

In response to rapid technological changes and evolving consumer preferences, we've established South Asia's largest R&I centre. Our team of skilled engineers from diverse backgrounds conducts extensive research to develop products that meet the highest standards and preferences of developed nations. This focus has led us to unveil AIoT-based smart refrigerators with advanced features, enhancing our global competitiveness.

Walton has attained a significant market share in Bangladesh's electronics industry, particularly in refrigerators. What key factors have contributed to Walton's success in establishing such a strong presence in the market?

Walton's success in Bangladesh stems from our commitment to providing high-quality products at affordable prices. By manufacturing energy-efficient appliances with advanced features, tailored to the needs of all consumer segments, and offering excellent after-sales services, we've gained the trust of Bangladeshi consumers.

At present, Walton grabbed a lion's market share in the domestic refrigerator market. Currently, the market share of Walton Television is around 32%. Walton AC and home appliances market share is around 30%.

Walton showroom

Walton offers a diverse range of products. Could you discuss the company's approach to product diversification and how it enhances Walton's overall competitiveness?

Initially focusing on refrigerators, we expanded our product range to meet various consumer needs. By diversifying into air conditioners, televisions, washing machines, and more, we've reduced import dependency and strengthened our market presence, contributing to our overall competitiveness.

The Giantech series represents a leap in technical excellence, offering features like multimedia displays, IoT control, and germ terminator technology. This series exemplifies Walton's commitment to innovation and enhancing customer satisfaction.

As a Bangladeshi brand, what strategies has Walton employed to effectively compete with both domestic and international competitors in the electronics sector?

Walton's strategies include producing energy-efficient appliances with innovative features, using eco-friendly materials, and ensuring durability. By continuously innovating and considering global demand and preferences, we compete effectively both domestically and internationally.

Can you elaborate on how Walton incorporates advanced technologies into its products, particularly in refrigerators?

Walton focuses on innovation, evident in our adoption of AIoT in smart refrigerators. With features like IoT control through smartphones and AI-based MSO inverter technology, we prioritize energy efficiency and attractive design in our products. By using technologies like inverter compressors and energy-efficient structural design, coupled with consumer-centric features, we cater to the specific needs of Bangladeshi consumers.

Walton has invested significantly in manufacturing plants within Bangladesh. What are the advantages of domestic manufacturing, and how does it contribute to Walton's broader goals and objectives?

Domestic manufacturing not only creates jobs and boosts economic development but also enables us to deliver high-quality products at affordable prices. By investing in research and innovation, Walton contributes to transforming Bangladesh into a hub for high-tech consumer electronics manufacturing.

What are your thoughts on government policies supporting the electronics sector in Bangladesh, and how does Walton plan to sustain its growth and innovation?

Government support has been instrumental in our success, allowing us to revolutionize the electronics sector. Moving forward, Walton remains committed to innovation and sustainability, leveraging our R&I Centre and responsive manufacturing to sustain growth and meet evolving consumer needs.

Bilal's note: Walton recently announced that they are establishing an electronics assembly factory in one of the US bordering cities (Maquiladoras) in Mexico to supply US brands with OEM products. The best guess is that they will start with refrigerators.

 

[Bilal9]

Walton Fridge Manufacturing process technical discussion, sorry Bengali only.

 

[Bilal9]

Probably one of the best examples of high tech home appliances made in Bangladesh, Walton Smart Fridge. Comes with a touchscreen menu and smart temperature regulation.

 

[Bilal9]

Singer Bangladesh has started commercial production in the Japanese export zone which is a model zone in Bangladesh.

 

[Saif]

Walton makes more shares available to public

Sponsor directors of Walton Hi-Tech Industries PLC have transferred nearly 29.7 percent of their shares to non-director family members, most of it as gifts, based on a regulatory instruction, according to a BRAC EPL Stock Brokerage report yesterday.

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Walton makes more shares available to public

Sponsor directors of Walton Hi-Tech Industries PLC have transferred nearly 29.7 percent of their shares to non-director family members, most of it as gifts, based on a regulatory instruction, according to a BRAC EPL Stock Brokerage report yesterday.

When the Bangladeshi electronics and technology product manufacturer and exporter went for its initial public offering (IPO) in 2020, it had made less than 1 percent of its shares available to the general public.

Afterwards, the Bangladesh Securities and Exchange Commission (BSEC) had instructed the company to offload more shares.

Sponsors and directors of the company started to sell their shares from the end of 2023.

They also gifted shares to their family members who were not directors. Though the shares were tradeable, the family members retained those, for which no volatility was created in the market.

In other words, through such share sales and giftings, the company increased free float, meaning the number of shares available for trade by the public.

At present, sponsor and directors hold 74.07 percent of the company's shares, institutional investors 0.52 percent, foreigners 0.09 percent and public 25.32 percent, according to the Dhaka Stock Exchange.

On the other hand, the offloading will enable the company to avail an income tax reduction of 2.5 percent.

According to regulations of the National Board of Revenue, any company having a free float of at least 10 percent will enjoy an income tax rate of 22.5 percent instead of the usual 25 percent.

Moreover, for fiscal year 2023-24, the company announced a 350 percent cash dividend for general shareholders and a 200 percent cash dividend for directors and sponsors.

Though the offloading will result in the company paying an additional Tk 111 crore in dividends, the money will essentially end up going back to the family.

Shares of the A category company rose 2 percent to Tk 494 at the Dhaka Stock Exchange yesterday.​

 

[Saif]

High-end electronics sales hurt by runaway inflation

The demand for consumer electronics in the mid to high-end categories has declined drastically in Bangladesh as most people are shifting to cheaper alternatives or avoiding purchases altogether amid persistent inflation.

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High-end electronics sales hurt by runaway inflation

The demand for consumer electronics in the mid to high-end categories has declined drastically in Bangladesh as most people are shifting to cheaper alternatives or avoiding purchases altogether amid persistent inflation.

Besides, product prices have risen sharply as the repeated devaluation of the local currency made it more expensive to import the required components and spare parts, according to market insiders.

Considering their eroding purchasing power, consumers are being particularly frugal for now as economic uncertainty has been gripping the nation ever since the political changeover on August 5.

As such, most of them are shifting to lower priced local brands for consumer electronics.

Product prices have risen sharply as the repeated devaluation of the taka made it more expensive to import the required components and spare parts, insiders said

Although Bangladesh Bank has announced several hikes in interest rates to blunt the brutal inflationary pressure, the Consumer Price Index (CPI) has been hovering around 10 percent since March 2023.

In September this year, the CPI stood at 9.92 percent, down from 10.49 percent the month prior, showed Bangladesh Bureau of Statistics data.

"Television (TV) sales in the lower price segment have increased by 3-4 percent as the consumers are shifting to local brands," said Ritesh Ranjan, head of business at Transcom Digital.

On the other hand, sales of high-end TVs declined by about 30 percent year-on-year in the four months since July as prices have surged by 22 to 28 percent in line with the growing cost of US dollars.

Likewise, overall sales of consumer electronics decreased by 28 percent year-on-year in the July-October period as prices ballooned, he added.

Ranjan informed that the import duty for components and spare parts required to locally assemble TVs, fridges and other products of foreign brands has increased by 15 percent on average solely due to the depreciation of the local currency.

"The impact of this price hike is falling on consumers," he said. "Other than high-end TVs and air conditioners (ACs), the demand for washing machines and microwaves has also fallen for the same reason."

Ranjan further said there are no high-end refrigerators available on the market for less than Tk 1 lakh. Units that previously cost Tk 80,000 are now priced at Tk 120,000.

He also said the market sentiment has been deteriorating over the past two months, with AC sales having fallen by more than 50 percent year-on-year.

Amid this situation, Transcom is offering discounts of up to 20 percent on ACs, 17 percent on refrigerators and 13 percent on TVs.

They can even enjoy an easy repayment facility of up to 36 equal monthly instalments, Ranjan said.

Galib Bin Mohammad, chief marketing officer (CMO) of Walton Hi-Tech Industries, said consumers and producers alike are struggling due to the overall adverse economic situation.

However, he said his company has been able to overcome the subsequent challenges so far through proper planning and management.

"From the beginning, we have focused on ensuring quality across all product categories," he added.

According to Mohammad, Walton offers both mid-range and high-end products at very competitive prices.

"So, as consumers are getting quality products at competitive prices, they are preferring domestic brands to foreign ones," he added.

Md Meshbahuddin, chief marketing officer of Fair Electronics, said sales of consumer electronics usually increase in the second half of each year.

However, this year has been different as the market is quite dull at present, he added.

Fair Electronics locally manufactures and retails products of Samsung Electronics, a leading South Korean multinational home appliance and electronics company.

Meshbahuddin said the industry's sufferings began in early 2023 and are continuing as input prices have risen significantly due to the price hike of US dollars.

Also, consumers are not in a buying mood due to the uncertain political situation and volatility in the banking sector.

"Basically, people do not know what situation may arise in the future. For this reason, they are not interested in purchasing costly products right now."

Md Nurul Afser, deputy managing director of Electro Mart, said their sales revenue declined significantly since July, making it challenging to meet operational costs.

"It is really tough to predict what may happen next in the market," he added.​

 

[Bilal9]

Samsung's lower end brand HiSense (China) has started manufacturing operations in Bangladesh (only LED TVs and Aircons for now). Local parts indigenization is still low, but will be ramped up as sales volume goes up. Local mfg. partner Fair electronics reported with pride that the return rate of defective products are much lower than imported HiSense products from China or Vietnam, probably due to increased and stringent quality checks.

 

[Saif]

Walton extends warranty of computer monitor up to 3 years

Walton Digi-Tech Industries Limited, the leading tech giant in Bangladesh, has increased the warranty of computer monitors. Now customers can enjoy up to three years of warranty benefits of up to 22-inch monitors of all models of Walton's CiNEd and CiNEXA and ACC brands, according to a media relea

thefinancialexpress.com.bd

Walton extends warranty of computer monitor up to 3 years
FE Online Desk
Published :
Dec 21, 2024 20:42
Updated :
Dec 21, 2024 20:42

Walton Digi-Tech Industries Limited, the leading tech giant in Bangladesh, has increased the warranty of computer monitors.

Now customers can enjoy up to three years of warranty benefits of up to 22-inch monitors of all models of Walton's CiNEd and CiNEXA and ACC brands, according to a media release.

Walton provides 3-year warranty for various parts of panel and motherboard of 21.45 to 22-inch monitors. This customer benefit is effective from December 16, 2024.

Touhidur Rahman Rad, Chief Business Officer of Walton Computer Products, said: Walton monitors have won the hearts of customers for its international standard, quality and state-of-the-art features and technologies. We expect that the trust of customers will be much stronger on Walton monitors after the warranty extension announcement.

Note that Walton has also 24 and 27 inch monitors with various features and specifications. The company is providing 10 percent flat discounts for all models of monitors on online purchase (details: Discount Offer | Walton Digi-Tech Industries Ltd).

Customers can avail of this benefit from online orders with free home delivery service.

They can also purchase Walton brand’s new monitors in exchange of old (active or inactive) ones from any Walton Plaza, the release adds.​

 

[Saif]

Rangs launches new Kelvinator products

Rangs Electronics Limited, also known as ‘SONY-RANGS’, has recently launched its latest 2025 series Kelvinator air conditioner, refrigerator and washing machine for Bangladesh market, said a press release...

www.newagebd.net

Rangs launches new Kelvinator products
Business Desk 06 January, 2025, 22:08

Rangs Electronics has launched 2025 series of Kelvinator air conditioner, refrigerator and washing machine for Bangladesh market recently. | Press release

Rangs Electronics Limited, also known as ‘SONY-RANGS’, has recently launched its latest 2025 series Kelvinator air conditioner, refrigerator and washing machine for Bangladesh market, said a press release.

Ekram Hussain, managing director of Rangs Electronics, inaugurated the event along with dealers, customers and other high officials from Rangs Electronics Limited.​

 

[Saif]

Samsung unveils six microwaves assembled by Transcom

Samsung Electronics Bangladesh has introduced six distinct models of microwave ovens that are being assembled in the country by its local partner Transcom Electronics Limited.."The new models combine innovative technology with practical features that make cooking smarter and healthier," sa

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Samsung unveils six microwaves assembled by Transcom

Samsung Electronics Bangladesh has introduced six distinct models of microwave ovens that are being assembled in the country by its local partner Transcom Electronics Limited.

"The new models combine innovative technology with practical features that make cooking smarter and healthier," said Jung Min Jung, managing director of Samsung Electronics Bangladesh.

He was speaking at the unveiling ceremony for these new products at the Amari Dhaka hotel in the capital yesterday.

Jung said Samsung prioritises researching consumer "pain points" and precisely identifying their needs.

Based on these insights, the company incorporates solutions as exclusive features, ensuring unmatched convenience compared to other brands, he added.

The products, themed "Cook Healthy, Live Smart," incorporate unique features such as Slim Fry Technology, which allows users to prepare fried foods with up to 80 percent less oil.

Meanwhile, the Triple Distribution System ensures evenly cooked meals by distributing heat through three antennas. Besides, the Durable Ceramic Enamel Coating, backed by a 10-year warranty, simplifies cleaning and ensures lasting durability for daily use.

The ovens also include features like Quick Defrost, Deodorization, Browning Plus, Turntable On/Off, and Eco Mode for everyday convenience.

With prices starting at Tk 18,500, these microwave ovens are now available at all Transcom Digital, Rangs eMart, and Electra outlets, as well as Samsung's authorised dealer stores.

The newly launched models include three 28-litre convection microwave ovens (MC28AK, MC28VK, MC28VS), a 23-litre solo microwave oven (MS23AK), a 23-litre grill microwave oven (MG23AK), and a 21-litre convection microwave oven (CE76JD).

Shahriar Bin Lutfor, director and head of business at Samsung Electronics Bangladesh; Md Shahidul Islam, chief operating officer at Transcom Electronics; Ritesh Ranjan, head of business at Transcom Digital; Yeamin Sharif Chowdhury, divisional director of electronics at Rancon Holdings Limited; Shahid Ahmed Abdullah, executive director at Electra International; and ASM Muntasir Chowdhury, deputy general manager of product and marketing at Butterfly Marketing Limited, were also present.​

 

[Saif]

Local AC industry seeks ‘fair’ govt procurement policy

Local air conditioner (AC) manufacturers in Bangladesh are pushing for “fair” government procurement policies, arguing that existing rules favour foreign brands despite local companies meeting global standards.

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Local AC industry seeks ‘fair’ govt procurement policy

Local air conditioner (AC) manufacturers in Bangladesh are pushing for "fair" government procurement policies, arguing that existing rules favour foreign brands despite local companies meeting global standards.

They urge the authorities to prioritise quality over origin.

According to industry insiders, around 6 to 6.5 lakh residential ACs are sold every year.

Moreover, there is a demand for around 40,000 units of light commercial ACs, including cassette and ceiling-type units.

Meanwhile, there is also significant demand for heating, ventilation, and air conditioning (HVAC) solutions, comprising variable refrigerant flow and chiller systems, for large spaces.

Generally, pricing for government purchases is determined based on the Harmonised System code, a standardised international numerical method of classifying products. However, industry insiders argue that this system does not always provide a level playing field for local companies.

Currently, the government procures products through various policies that align with international standards, following the schedule of rates set by the Public Works Department.

According to industry insiders, many local manufacturers, including Walton, Transtec, Gree, Singer, and Media, adhere to these standards and have acquired the necessary certifications.

Some have even secured international quality certifications, ensuring their products are competitive with imported alternatives.

Despite these achievements, local manufacturers face hurdles due to procurement policies that sometimes specify the country of origin rather than focusing solely on product quality and specifications.

"If the government provides clear and specific guidelines, we will be able to manufacture products accordingly," said Md Tanvir Rahman, chief business officer of Walton Air Conditioner.

"However, if procurement decisions are made solely based on the country of origin, it creates an unnecessary barrier for domestic producers," Rahman said.

He said public procurement in Bangladesh was governed by the Public Procurement Act, which mandates that purchases be made based on quality rather than specifying particular countries.

However, in practice, he said, many tenders still include specific country requirements, contradicting the intent of the law. This restriction prevents local manufacturers from competing fairly in government projects, he added. Despite controlling around 90 percent of the local AC market, domestic manufacturers struggle to secure government contracts, he said.

"We are not asking for undue preference. We only seek fair participation in government tenders," said Rahman.

He also stressed that prioritising high-quality domestic products over foreign alternatives would not only strengthen the local industry but also boost employment and economic growth.

Salim Ullah, director (marketing) of Jamuna Electronics, said government entities impose certain conditions that prevent local manufacturers from participating in government tenders.

He stated that these entities specify certain product requirements that local electronic manufacturers cannot fulfil under the open tender method.

He claimed that local manufacturers have already met global standards for TVs, air conditioners, refrigerators, and other electronic appliances.

"We, the local manufacturers, cater to 80 percent of the demand for electronic home appliances across the country, while the remaining 20 percent is met by multinational companies," he pointed out.

However, he said, local manufacturers rarely supply government entities, as these entities follow the direct procurement method.

Md Nurul Afser, deputy managing director of Electro Mart, said government procurement entities usually do not prefer locally manufactured electronic items, as they explicitly mention the country of origin.

For this reason, there is limited opportunity to participate in government tenders, he said.

He emphasised the need to prioritise local manufacturers by ensuring they meet the required standards, as this would be cost-effective and help save foreign exchange.

With Bangladesh's AC industry reaching new heights, ensuring fair procurement policies will be crucial in maintaining growth and sustaining local manufacturing capabilities, Afser suggested.

Md Nasim Khan, additional chief engineer of the Public Works Department (PWD), Dhaka Metropolitan Zone, said the allegations made by local electronics manufacturers do not apply to all government entities, as procurement criteria vary from one entity to another.

According to him, there is no mandatory requirement to follow the PWD criteria. Rather, most public procurement entities set their own criteria based on public procurement rules (PPR).

He also stated that PPR 2008 emphasises supporting local manufacturers to protect domestic companies.

Md Aynal Haque, professor of the electronics and electrical engineering department at the Bangladesh University of Engineering and Technology (Buet), stated that local electronic manufacturers have achieved a certain level of standard.

Therefore, the government should allow them to participate in government tenders, he said.

He also suggested that the time has come to revise the conditions of the rate schedule of the PWD so that local electronic manufacturers can take part in tenders.

If there is a requirement for standard and quality checks, the procurement entities can have them tested at the Buet lab, he noted.​

 

[Bilal9]

Sky Bees to invest Tk 550cr to set up drone factory in Bangladesh​

Sky Bees Limited, a newly established company, will today sign an agreement with the Bangladesh Export Processing Zones Authority (Bepza) for land to set up an export-oriented unmanned aerial vehicle (UAV) production facility.

Sky Bees is set to invest about Tk 550 crore to establish the facility, which will be built inside the BEPZA industrial estate at the Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram's Mirsarai upazila.

The company expects to export UAVs, commonly known as drones, worth $169 million or roughly Tk 2,300 crore annually after starting production in early 2025.

Sky Bees is the brainchild of Josim Ahmed, an industrialist with an impressive track record in the textile and garment accessories sector, particularly within the export processing zones of Dhaka and Pabna's Ishwardi upazila.

Ahmed's experience extends to his role in establishing two joint ventures: Global Levels Bangladesh Limited, a Spain-Bangladesh partnership, and Jinque Global Textile Bangladesh Limited, a China-Bangladesh collaboration.

With Sky Bees, Ahmed is now focusing on the future, investing in advanced UAV technology, a sector that holds great promise for Bangladesh's export landscape.

According to him, this project represents the hopes of "many dreamers and confident young people."

He describes their journey as one filled with challenges but driven by innovation.

Regarding his team, Ahmed said: "Their eyes and body language make us brave."

He also noted that their progress in making UAV technology has been substantial despite having limited support for research and development.

Sky Bees has already secured overseas training opportunities for its engineers, enabling them to refine their skills and expertise in drone development, Ahmed added.

Its factory will initially produce high-capacity rotary wing drones for firefighting and vertical take-off and landing (VTOL) drones for cinematography, mapping and surveillance.

They also plan to manufacture 10 additional models with varying payload capacities and endurance.

These UAVs, designed primarily for civil applications, will be used for a range of tasks, including spraying pesticides, delivery services and disaster relief operations.

The company's proposal to BEPZA outlines an ambitious target: the production and export of 7,314 UAVs annually, according to Ahmed.

ASM Anwar Parvez, executive director (public relations) of Bepza, told The Daily Star they are going to sign the deal with Sky Bees to lease land to set up the factory.

 

[Saif]

Sky Bees to invest Tk 550cr to set up drone factory in Bangladesh​

View attachment 14395

Sky Bees Limited, a newly established company, will today sign an agreement with the Bangladesh Export Processing Zones Authority (Bepza) for land to set up an export-oriented unmanned aerial vehicle (UAV) production facility.

Sky Bees is set to invest about Tk 550 crore to establish the facility, which will be built inside the BEPZA industrial estate at the Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram's Mirsarai upazila.

The company expects to export UAVs, commonly known as drones, worth $169 million or roughly Tk 2,300 crore annually after starting production in early 2025.

Sky Bees is the brainchild of Josim Ahmed, an industrialist with an impressive track record in the textile and garment accessories sector, particularly within the export processing zones of Dhaka and Pabna's Ishwardi upazila.

Ahmed's experience extends to his role in establishing two joint ventures: Global Levels Bangladesh Limited, a Spain-Bangladesh partnership, and Jinque Global Textile Bangladesh Limited, a China-Bangladesh collaboration.

With Sky Bees, Ahmed is now focusing on the future, investing in advanced UAV technology, a sector that holds great promise for Bangladesh's export landscape.

According to him, this project represents the hopes of "many dreamers and confident young people."

He describes their journey as one filled with challenges but driven by innovation.

Regarding his team, Ahmed said: "Their eyes and body language make us brave."

He also noted that their progress in making UAV technology has been substantial despite having limited support for research and development.

Sky Bees has already secured overseas training opportunities for its engineers, enabling them to refine their skills and expertise in drone development, Ahmed added.

Its factory will initially produce high-capacity rotary wing drones for firefighting and vertical take-off and landing (VTOL) drones for cinematography, mapping and surveillance.

They also plan to manufacture 10 additional models with varying payload capacities and endurance.

These UAVs, designed primarily for civil applications, will be used for a range of tasks, including spraying pesticides, delivery services and disaster relief operations.

The company's proposal to BEPZA outlines an ambitious target: the production and export of 7,314 UAVs annually, according to Ahmed.

ASM Anwar Parvez, executive director (public relations) of Bepza, told The Daily Star they are going to sign the deal with Sky Bees to lease land to set up the factory.

It's a great news. Thank you for posting it

 

[Bilal9]

It's a great news. Thank you for posting it

No problem bhai. Here are three more pieces of news, first two for civilian commercial drones and the other is for defence purposes.

 

[Bilal9]

Walton Superfactory videos, re-posting these as I haven't seen these in a while, others here haven't either , I don't believe.







Here is an eye-opening video on how Walton machines/manufactures its own hardened molds for press-molding thick sheet metal parts for appliance use (Refrigerators, Aircon, utility switches, fans and small kitchen appliance usage). Walton Hi-Tech Industries PLC. is the leading Stamping Die manufacturer in Bangladesh - based on precise tooling, the most advanced technology and top grade expert stamping die design. Walton has established the main markets locally and overseas to supply stamped metal parts including those made with deep-draw stamping techniques. Very technical, and for those who don't understand, ask me - I can explain. The level of backward linkage is getting to be phenomenal at Walton.

 

[Saif]

Walton Superfactory videos, re-posting these as I haven't seen these in a while, others here haven't either , I don't believe.







Here is an eye-opening video on how Walton machines/manufactures its own hardened molds for press-molding thick sheet metal parts for appliance use (Refrigerators, Aircon, utility switches, fans and small kitchen appliance usage). Very technical, and for those who don't understand, ask me - I can explain. The level of backward linkage is getting to be phenomenal at Walton.

Walton rules. More power to Walton

 

[Saif]

Rural demand fuels Eid electronics sales

Rural people have emerged as key consumers of home appliances ahead of this year’s Eid festival, as surging remittance inflows and good prices for agricultural produce, particularly rice, have boosted their purchasing power, according to electronics manufacturers and sellers.

www.thedailystar.net

Rural demand fuels Eid electronics sales

Photo: Anisur Rahman

Rural people have emerged as key consumers of home appliances ahead of this year's Eid festival, as surging remittance inflows and good prices for agricultural produce, particularly rice, have boosted their purchasing power, according to electronics manufacturers and sellers.

Besides, rural consumers have more disposable income as their cost of living is lower than that of urbanites.

"Overall, we achieved double-digit growth in electronics sales ahead of Eid, thanks to the strong performance of the agriculture sector, which directly impacted demand for home appliances," said Kamruzzaman Kamal, marketing director of Pran-RFL Group.

Vision Electronics, a concern of Pran-RFL Group, witnessed strong sales growth in rural areas ahead of Eid-ul-Fitr, driven by increased purchasing power in the agricultural sector, he added.

The company performed well in selling a variety of products, including refrigerators, with demand particularly strong in villages and small towns.

He explained that when agricultural production is good, farmers have more disposable income, which they use to purchase essential household items like refrigerators, fans, and televisions.

This year, higher crop yields due to favourable weather and stable market prices have allowed many rural consumers to invest in durable goods.

Additionally, Vision's competitive pricing compared to multinational brands played a key role in boosting sales.

"Our home appliances are more affordable, making them accessible to middle- and lower-income families, especially in rural areas," Kamal said.

As rural prosperity grows, so does demand for electronic goods, indicating a strong link between the agricultural economy and consumer electronics sales.

Ritesh Ranjan, head of business at Transcom Digital, said sales of electronic home appliances have increased only marginally as most people currently lack disposable income due to economic pressures.

According to him, sales of small electronic items grew by a maximum of 5 percent compared to last Eid. Consumers are prioritising essential spending, and even air conditioner sales have yet to gain momentum as the heatwave has not arrived.

However, Ranjan pointed out that sales of high-end televisions, particularly those over 43 inches, have increased by around 20 percent.

This trend indicates that ongoing inflation has not significantly impacted the higher middle-income and affluent segments, who continue to spend on premium electronic products.

He further explained that during Eid-ul-Fitr, people typically focus their expenditures on clothing, gifts, and festive essentials rather than large electronic purchases.

As a result, demand for home appliances remains subdued, except for essential items.

Salim Ullah Salim, director (marketing) at Jamuna Electronics, said sales of electronic appliances picked up in the final days before Eid, with small appliances performing better than larger ones.

"The peak sales period is not entirely over yet, but in the last three days, we have observed a steady rise in sales after Ramadan day 20," he said.

Among the best-selling products were blenders, juicers, rice cookers, and electric kettles, reflecting strong consumer demand for smaller appliances.

"Compared to last year, sales of these items have increased slightly, which is a direct impact of the higher inflow of remittances," Salim added.

Bangladesh received a record $2.94 billion in remittances in the first 26 days of March, driven by Eid-ul-Fitr.

He said sales were about 4-5 percent higher than last year, but it was not a major surge.

"Consumers were less inclined to purchase large appliances like televisions and washing machines, focusing more on essential kitchen electronics," he said.

Zoheb Ahmed, chief marketing officer of Walton Hi-Tech Industries PLC, said the refrigerator industry remains a key business indicator for the company.

"While our sales growth has been somewhat slow, there is still room for optimism. We are witnessing a resurgence in sales growth, which is a positive sign for us," he said.

Ahmed emphasised the significance of their market space, particularly in the large refrigerator segment.

"Demand for bigger refrigerators is high, and alongside regular-sized models, large refrigerators are also gaining traction in the market," he added.

Regarding seasonal sales trends, he noted that Ramadan and Eid-ul-Azha account for approximately 65 to 70 percent of total refrigerator sales, making these periods crucial for the business.

On the performance of small home appliances, Ahmed acknowledged that the company did not achieve the expected growth this year.

"We had anticipated a higher sales momentum, particularly for products like rice cookers and blenders, but actual sales did not align with our expectations," he explained.

Ahmed said the company is closely monitoring market trends and will provide further insights into small appliance sales soon.​

 

[Saif]

Walton releases 4G SIM-supported rechargeable router

Walton Digi-Tech Industries Limited has released its new 4G SIM-supported router with a rechargeable battery facility. This new router from Walton is a unique combination of smart design, high-speed internet and easy usability. It can be the perfect solution for uninterrupted connectivity and stab

thefinancialexpress.com.bd

Walton releases 4G SIM-supported rechargeable router
FE Online Desk
Published :
Apr 13, 2025 20:29
Updated :
Apr 13, 2025 20:29

Walton Digi-Tech Industries Limited has released its new 4G SIM-supported router with a rechargeable battery facility.

This new router from Walton is a unique combination of smart design, high-speed internet and easy usability. It can be the perfect solution for uninterrupted connectivity and stable speed for home or office, according to a media release.

The newly launched WR34G model router of Walton's TORONGGO brand has powerful 4G LTE connectivity, which can provide a maximum download speed of 150 Mbps and upload speed of 50 Mbps.

This 2.4 GHz frequency router can provide WiFi transmission speeds of up to 300 Mbps, which is very effective for online streaming, virtual classes, official meetings, and online gaming. It uses MU-MIMO technology, which keeps connectivity stable and smooth even when multiple devices are connected simultaneously. The router has a micro SIM slot, 2 LAN ports, and a DC input port.

One of the biggest advantages of this new device is its built-in 4000mAh rechargeable battery. As a result, the router will continue to run uninterrupted even in power cut. With this, customers can easily get a stable internet connection indoors, in the office, or in remote areas. Its powerful external antenna helps to receive good signals even in weak networks.

This router is also very reliable in terms of security. It has WPA2-PSK encryption support that keeps the network safe from hacking or unauthorised access.

Touhidur Rahman Rad, Chief Business Officer of Walton Computer, said, "We have always been providing the highest quality products and services considering the needs and requirements of the customers. In line with this, the new rechargeable 4G SIM supported router has been launched in the market with the aim of providing customers with hassle-free uninterrupted internet. It will meet the urgent internet needs of customers in areas without electricity or during power outages. Users will easily get uninterrupted internet service by using their mobile phone SIM in the areas where wired broadband internet connection is not possible."

Walton's new 4G SIM-supported router can now be purchased from Walton Plaza at a special offer price of 10 per cent for only 4,095 BDT.

In addition, customers can enjoy the convenience of ordering directly from online by visiting Walton's official website.

This high-performance router from Walton comes with a 1-year warranty, the release adds.​

 

[Bilal9]

Walton Bangladesh (Appliance and Electronics Manufacturer) Showcases AI-Driven Smart Appliances at 137th Canton Fair​

1 min read​

Last updated Apr 17, 2025

Walton, the leading tech brand from Bangladesh, has returned to the prestigious Canton Fair in China for the fifth time reportedly, aiming to highlight its cutting-edge smart electronics and electrical products. The 137th edition of the world’s largest trade event, officially known as the China Import and Export Fair, began on Tuesday at the Canton Fair Complex in Guangzhou.

Positioned in Hall No-2.1 of the fair’s international pavilion, Walton’s mega booth is drawing attention with its AI and IoT-integrated home appliances, designed to meet global energy efficiency and smart living standards.

The brand is displaying a wide range of internationally certified energy-saving products, including refrigerators, air conditioners, BLDC fans, televisions, and compressors – each packed with advanced technological features.

Read more: Walton Launches Mega New Year Campaign With Up To 50% Discounts On Computer Products

Abdur Rauf, Vice-President of Walton Global Business Division and the chief coordinator for their Canton Fair participation, noted the significance of this platform as a global meeting point for businesspeople, importers, and manufacturers. The Canton Fair brings together thousands of professionals from across the world, providing access to the latest technological innovations from leading international brands – all under one roof.

With consistent participation in previous editions, Walton has successfully established business relationships across various global markets. This year, it aims to further accelerate its international expansion by showcasing its most advanced smart home technologies.

The first phase of the 137th Canton Fair, scheduled from April 15 to 19, features Walton under the Electronics and Household Electrical Appliances category, marking another milestone in the brand’s mission to strengthen its global footprint.