Monik Group of Companies officially announced the launch of the world-renowned Walton brand of home appliances and consumer electronics in Sri Lanka. With this launch 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 recognized 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.
Dr.Wasala Maduwantha Ariyapala – CEO and Managing Director of Monik Group of Companies stated, “At Monik Group, we’ve always believed in identifying real needs in the market and finding the right solutions. We noticed that there’s a real gap in the Sri Lankan market for reliable, high-quality home appliances that are also fairly priced and offer proper after-sales support. That’s exactly why we decided to bring Walton to Sri Lanka. Walton is a globally respected brand, known for durable, well-designed products that meet world-class standards. Thanks to our strong foundation in the finance sector, we’ll also be offering flexible payment plans making it easier for more Sri Lankans families to afford and enjoy these quality products. We’re going even further by planning to introduce doorstep after-sales service and making the full Walton range available islandwide in Monik showrooms, authorized dealers and online via buymonik.lk.”
Walton integrates advanced German engineering, specially adapted to suit the varying climatic conditions of South Asia, thereby ensuring enhanced performance and durability of all its products. All manufacturing is carried out in Bangladesh, enabling customization of products to align with the specific needs and usage patterns of Sri Lankan consumers. The company holds internationally recognized certifications, including ISO 9001:2015 for quality management, ISO 14001:2004 for environmental management, and OHSAS 18001:2007 for occupational health and safety.
Abdur Rouf – Executive Director of Walton Hi Tech Industries commented, “It’s a proud moment for us at Walton Hi-Tech Industries to officially mark our entry into the Sri Lankan market. Walton has always been driven by one mission – to deliver high-quality, innovative, and affordable appliances that make everyday life better for our customers. Our entire manufacturing process takes place in Bangladesh, which gives us the flexibility to design products that meet the exact needs of the Sri Lankan market whether it’s in terms of user behavior, voltage conditions, or climate durability.”
Monik Group of Companies is based in Badulla and consists of Monik International, Monik Water, Monik Homes, Monik Auto Care, Monik Capital Holdings and Monik Trading. With over 50 branches island-wide including the North and East, the Group focuses on creating positive social transformation through creative solutions for all Sri Lankans.
Dr.Wasala Maduwantha Ariyapala – CEO and Managing Director of Monik Group of Companies
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