Walton Group (Bengali: ওয়ালটন গ্রুপ) of Bangladesh is a privately held
conglomerate based in Gazipur, Bangladesh. It was founded in 1977 by S.M.
Nurul Alam Rezvi, who serves as the company's chairman. The group's
flagship company is Walton Hi-Tech Industries Limited, which produces a
wide range of consumer electronics, Home appliance, and mobile phone. The
group also has interests in real estate, automobiles, and retail.
In recent years, the Walton Group has become one of the largest employers
in Bangladesh, with over 30,000 employees. It operates more than 1,000
retail stores across the country under the brand name "Walton Plaza". The
group has also expanded its operations internationally, with offices in
several countries including China, India, and the United States.
The Walton Group is known for its commitment to social responsibility and
has been involved in various philanthropic initiatives in Bangladesh. The
group has donated to various causes such as disaster relief, education,
and healthcare. In 2019, the company was ranked as the second-largest
corporate donor in Bangladesh by the CSR Centre and Sustainability
Excellence.
Despite facing criticism over its labor practices and environmental
impact, the Walton Group has continued to grow and diversify its business
interests. It remains a prominent player in the Bangladeshi economy, with
a significant presence in the country's consumer electronics, real estate,
and retail sectors.
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