Walton aims for $1bn export earnings within 10 years

[gslv mk3]

"According to a press release, the company has already begun recruiting international business experts, and opening offices in various countries, while also setting up global research and development centers and branch offices in Germany, United Kingdom, China, UAE, Taiwan, and Thailand, to achieve the target."

We have seen such claims & targets before- I had posted the links of such threads.

None of it ever materialized. So this 'claim' is laughable at the best.

 

[TopCat]

We have seen such claims & targets before- I had posted the links of such threads.

None of it ever materialized. So this 'claim' is laughable at the best.

Dont equate us with India..

 

[bluesky]

Your companies have negligible presence given the size of the market.

So, follow the WTO rules and open Indian market for our products to see the result and to know our companies are negligible or not. By the way, how did your expert test of our world-renowned edible product go? You see you have so many Bahanas to stop our product at the border. Set your goalposts and come to the field to play even.

 

[gslv mk3]

Dont equate us with India..

True, Indian industries deliver what they promise much unlike Bangladeshi ''industries''.

So, follow the WTO rules and open Indian market for our products to see the result and to know our companies are negligible or no

What makes you think that it's not open ?

And what about your exports to EU, US, UK, UAE, Thailand & Indonesia- your Baal-ton was supposed to export millions of dollars worth of products to these markets by now.

 

[TopCat]

True, Indian industries deliver what they promise much unlike Bangladeshi ''industries''.
.

Indian industries promise "Videocon"

 

[gslv mk3]

Indian industries promise "Videocon"

Our industries export products far more value added products than Bangladesh-which is heavily dependent on RMG & LDC status...

BTW, some data on refrigerator export.

India $181.7 million
Bangladesh $142,000
http://www.worldstopexports.com/refrigerators-exports-country/

Now cry some more

 

[Bilal9]

People can laugh all they want - but results will speak volumes.

Indian mfrs. don't have to lose sleep at night about competition from Walton, Indians have a huge captive market which Indian third rate mfrs. can easily exploit until kingdom come, by putting out 'bahanas' of patriotism and lobbying the govt. servants there and putting up non-tariff barriers against imports to support sale of their sub par products.

Next they will come up with excuses that Bangladesh exports aren't 'shuddh' enough for consumption by bhakts!

I don't believe Walton is targeting India as a market, because they know the behaviors of the Indian consumer, Indian Mfrs., as well as Indian Govt.

Our industries export products far more value added products than Bangladesh-which is heavily dependent on RMG & LDC status...

BTW, some data on refrigerator export.

India $181.7 million
Bangladesh $142,000
http://www.worldstopexports.com/refrigerators-exports-country/

Now cry some more

We don't see a reason to cry because you are comparing a seventy year old economy and market with one that is an eighth of its size/population and which was rebuilt from scratch after your army looted and stripped it bare in 1971.

Better- compare it to Chinese economy where your performance is sad-sack at best. Even your home market infra (500 plus megawatt powerplants, industrial fossil fuel engines, public transport e.g. metro vehicles) are almost all supplied by China.

Such boastful things (I am pretty sure) were also said about apparel some twenty years ago, and now look where things are. If we can do it to apparel, we can put our minds to it and do it in other sectors too.

Most sane upper middle class Indians don't have any issue with this - as they understand that this presents new opportunities.

Only underclass peons going to RSS shakhas have any beef with this as it doesn't jive with the propaganda they were fed that morning.

By the way - do some research on HAIER, which is a Chinese brand that is taking over the Japanese and US markets.

They already own SANYO and Fisher&Paykel.

They just bought GE Appliances which means they won a majority of the US appliance market.

It means they will be making and exporting 500 liter plus double door fridges there, not the two liter dorm room fridges you lot are so proud of exporting.

By the way - this is Walton's latest double door 500 liter,

 

[bluesky]

@gslv mk3, will you ask your govt to open your market for Walton goods? Your shoddy and cheap products will go out of the window in a week.

 

[gslv mk3]

Those deflections are so typical of princess Billu...

Indian mfrs. don't have to lose sleep at night about competition from Walton, Indians have a huge captive market which Indian third rate mfrs. can easily exploit until kingdom come, by putting out 'bahanas' of patriotism and lobbying the govt. servants there and putting up non-tariff barriers against imports to support sale of their sub par products.

Next they will come up with excuses that Bangladesh exports aren't 'shuddh' enough for consumption by bhakts!

The average Indian consumer- who have much more purchasing power & consumes 2 to 6 times more of any product/service per capita cannot afford good quality products but the LDC lot can...

181.7 million worth of supposed ''sub par'' Indian refrigerators gets exported Indian but only $142,000 worth ''superior quality'' Bangladeshi refrigerators gets exported..

Even other markets where 'Baal-ton' such as US, EU, Indonesia, Thailand, UAE, Qatar & Nepal don't even give a good damn about those ''high quality'' products...Exports of $142,000- that's like 250 refrigerators per year ?

Seriously, why is it that your entire country is full of idiots like you ? Explains the 2 USPTO patents per year phenomenon.

As I said earlier, Homo Erectus would have done better than you lot if they were still around...

Now what does Zaidi Sattar, chairman of the Policy Research Institute of Bangladesh have to say about protective tariffs in Bangladesh ?

“Any consumer goods you buy, the prices are well above the international levels. It is because the imports are subjected to the highest protective tariffs in the region, if not the world.”

https://www.thedailystar.net/business/imports-70pc-costlier-higher-tariffs-pri-1573630

31% on handset imports is perfectly kosher...or halal or whatever.

https//www.thedailystar.net/business/smartphone-sales-tepid-1491973?amp

Even your home market infra (500 plus megawatt powerplants, industrial fossil fuel engines, public transport e.g. metro vehicles) are almost all supplied by China.

The topic of my post was lack of credibility of Baal-ton projections, but princess Billu would talk about anything but that.

We have 3 manufacturers supplying 500 MW+ power plants. Which takes care of much of the local demands

We are also developing AUSC technology on our own.

Industrial engines are being supplied by the likes of Kirloskar, Cummins, Greaves etc from their Indian operations.

We have BEML, Alstom India & Bombardier India who manufacture metro rakes in India. Now Titagarh Firema Adler, Medha stadler & BHEL- Hitachi are coming up

1920 Coaches out of 2140 Coachs for Delhi metro phase I to III were made in India.

As I said before, we are not an LDC ''which doesn't have the capabilities to diversify it's Industrial base'' and have to boast about manufacturing a hermetically sealed compressor as if it's some technological breakthrough...

We don't see a reason to cry because you are comparing a seventy year old economy and market with one that is an eighth of its size/population and which was rebuilt from scratch after your army looted and stripped it bare in 1971.

Most sane Bangladeshis (a micro-minority) have enough reason to cry as majority of their compatriots are stupid enough to count chickens before they hatch...to claim that they have successfully diversified exports after exporting a mere $142,000 worth refrigerators.

And have a good cry about the bolded part.

It means they will be making and exporting 500 liter plus double door fridges there, not the two liter dorm room fridges you lot are so proud of exporting.

Do you have any data regarding the composition of Bangladeshi refrigerator exports ? Obviously not. But what else can be expected from the guy who even claims that Bangladesh have beaten India in pharma exports (actual realised Bangladeshi pharma exports- $80 million)

But then your refrigerator exports are less than 0.08% of Indian refrigerator exports by value.

So even if only 0.1% of Indian refrigerator exports are 500 litre plus models, it means we'll be exporting more models of the same kind...that is assuming that you only export 500 litre plus models

By the way - this is Walton's latest double door 500 liter,

You once even claimed that Bangladeshis need large refrigerators with large freezers for storing huge meat portions during Eid...

And later data came out that Bangladeshis have the lowest per capita meat consumption in the world...

So much for grandiose claims...

 

[Black_cats]

You once even claimed that Bangladeshis need large refrigerators with large freezers for storing huge meat portions during Eid...

And later data came out that Bangladeshis have the lowest per capita meat consumption in the world...

So much for grandiose claims...

Instead of replying to all it's nonsense will just focus on this part and this was already replied couple of time. The data that you quoted of the news they took it from 2009 which even could be couple of years old. When just during eid around 12 million animal are sacrificed just imagine in a whole year what can be total consumption.

Another thing just look at Apple as a comp[any what it was in 2003 and what it is now. It does not take long to get the international attention if you deliver quality product. Bangladesh just started to export. It will increase exponentially in the coming years.

 

[gslv mk3]

When just during eid around 12 million animal are sacrificed just imagine in a whole year what can be total consumption.

Thanks to @Nilgiri ...

During the sacrifice feast of Eid-ul-Azha, Bangladesh consumes 50% of the country’s annual demand by sacrificing around 8.8 million cattle .

If 8.8 million is 50% of the annual demand (generated just by Eid). That implies around 18 million head of cattle is the claimed total annual demand.

But then BD reports 24 million or so total herd size and now only an insignificant amount (0.5 mil from india, 0.X mil from further away - cant be bothered to look it up) imported to top it off:

http://www.dhakatribune.com/banglad...rices-sacrificial-cattle-may-soar-due-floods/

A DLS source said there were 23.8 million cows and buffalo

18/24 = 75% claimed processing rate.

World max hovers around 30% in comparison, World average around 15% and high pop density average much less (often in single digits) - if you want numbers I can provide them (already done in the case of the first one w.r.t USA).

Please tell me the phenomenally awesome animal husbandry rates and <12 month growth rates achieved only in Bangladesh compared to the world for a sustainable herd size in such an extremely densely populated + feedlot restricted area + low unit input to boot. Hopefully its scaleable/applicable to all other animal rearing/production/processing so we can increase world production by 6 - 7 times by simply following the awesome, revolutionary BD discovery.

It does not take long to get the international attention if you deliver quality product.

The thing is Bangladesh is incapable of manufacturing competitive products to take on the giants of the world- despite all the claims about manufacturing quality products.

Export "success'' of RMG on LDC quota wouldn't apply on every case.

It simply lacks productive, skilled & good quality workforce and R&D sector to do that.

Do I need to provide statistical data again ?

Bangladesh just started to export.

It has been 'exporting' since 2009 & have only managed 142,000 worth refrigerator exports.

 

[Black_cats]

Thanks to @Nilgiri ...

During the sacrifice feast of Eid-ul-Azha, Bangladesh consumes 50% of the country’s annual demand by sacrificing around 8.8 million cattle .

If 8.8 million is 50% of the annual demand (generated just by Eid). That implies around 18 million head of cattle is the claimed total annual demand.

But then BD reports 24 million or so total herd size and now only an insignificant amount (0.5 mil from india, 0.X mil from further away - cant be bothered to look it up) imported to top it off:

http://www.dhakatribune.com/banglad...rices-sacrificial-cattle-may-soar-due-floods/

A DLS source said there were 23.8 million cows and buffalo

18/24 = 75% claimed processing rate.

World max hovers around 30% in comparison, World average around 15% and high pop density average much less (often in single digits) - if you want numbers I can provide them (already done in the case of the first one w.r.t USA).

Please tell me the phenomenally awesome animal husbandry rates and <12 month growth rates achieved only in Bangladesh compared to the world for a sustainable herd size in such an extremely densely populated + feedlot restricted area + low unit input to boot. Hopefully its scaleable/applicable to all other animal rearing/production/processing so we can increase world production by 6 - 7 times by simply following the awesome, revolutionary BD discovery.



The thing is Bangladesh is incapable of manufacturing competitive products to take on the giants of the world- despite all the claims about manufacturing quality products.

Export "success'' of RMG on LDC quota wouldn't apply on every case.

It simply lacks productive, skilled & good quality workforce and R&D sector to do that.

Do I need to provide statistical data again ?



It has been 'exporting' since 2009 & have only managed 142,000 worth refrigerator exports.

Instead of writing essays stick to the point - how much consumption it comes among the adults due to the mentioned number of cattle? It is couple of times higher then your mentioned news figure. Add goat, chicken etc. on top of it.

Meat consumption is way higher in Bangladesh compared to India. Ban on cow mata by India was a blessing in disguise in Bangladesh. 1000s of farms were set up all across the countries. Government initiatives like One house and one farm also played a big role in it. Bangladesh is now aiming to export beef in foreign countries.

 

[gslv mk3]

Instead of writing essays stick to the point - how much consumption it comes among the adults due to the mentioned number of cattle? It is couple of times higher then your mentioned news figure. Add goat, chicken etc. on top of it.

The figure is bullshit, and it has been proven beyond any reasonable doubt.

And it's even higher ??

If you slaughter 75% of your cattle leaving only the calves, what would you have to slaughter by the next year?

And what will you do for milk production ?

Seriously the lack of common sense & logic among Bangladeshis is shocking. But it does explain the 2 USPTO patents per year phenomenon...

Meat consumption is way higher in Bangladesh compared to India. Ban on cow mata by India was a blessing in disguise in Bangladesh. 1000s of farms were set up all across the countries. Government initiatives like One house and one farm also played a big role in it. Bangladesh is now aiming to export beef in foreign countries.

Statistical data disagrees... But that doesn't matter to Bangladeshis because they believe in ''feelz'' than data (unless it's B-BS data)

 

[Black_cats]

The figure is bullshit, and it has been proven beyond any reasonable doubt.

And it's even higher ??

If you slaughter 75% of your cattle leaving only the calves, what would you have to slaughter by the next year?

And what will you do for milk production ?

Seriously the lack of common sense & logic among Bangladeshis is shocking.



Statistical data disagrees... But that doesnt matter to Bangladeshis because they believe in ''feelz'' than data (unless it's B-BS data)

No one is going to prove you anything. You Indian used to send 5 million gao mata during eid before. It is replaced by local farms now which is increasing exponentially. Now Bangladesh is using foreign breed which is giving 300-600 kg meat in a year.

Now go back and eat rats as your minister suggested.

Just for your info Bangladesh import big portion of milk from abroad.

Sample cow farm in Bangladesh

 

[gslv mk3]

No one is going to prove you anything. You Indian used to send 5 million gao mata during eid before. It is replaced by local farms now which is increasing exponentially. Now Bangladesh is using foreign breed which is giving 300-600 kg meat in a year.

Yeah right, you can prove shi t because it's just bulls hit.

BTW what kind of alien breed cattle do you farm, which grow up to full-size from birth in less than one year ?

The entire country is so full of retards that it should be rather renamed retard-desh.

And these common sense lacking LDCians want to take on the giants of the world... lmao