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Monik Group partners Walton to deliver affordable, high-quality home appliances in Sri Lanka
Daily FT
|May 17, 2025
MONIK Group of Companies has announced the launch of the world-renowned Walton brand of home appliances and consumer electronics in Sri Lanka.
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Sri Lankan consumers can now gain access to a wide range of affordable, high-quality, and globally-certified products backed by strong after-sales support and easy financing options.
Established in 1977 in Bangladesh, Walton has grown into a globally recognised manufacturer, commencing its own production operations in 2008. Today, Walton is renowned for its commitment to quality, affordability, and innovation and offers a wide range of products, including refrigerators, freezers, air conditioners, compressors, televisions, electrical appliances, smartphones, and laptops. The company's products are available in over 50 countries across Asia, Africa, Europe, and North America while it employs a skilled workforce of more than 30,000 individuals and has a production capacity of 10 million units per year. Its expansive manufacturing base spans over 700 acres and includes 22 state-of-the-art production facilities within Bangladesh.
This story is from the May 17, 2025 edition of Daily FT.
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