fbpx

7.16 million mobile phones manufactured in Pakistan in January-March 2022

Technology7.16 million mobile phones manufactured in Pakistan in January-March 2022

ISLAMABAD, Pakistan: The Federal Minister for Industries and Production Makhdoom Syed Murtaza Mahmud chaired a briefing session on the Mobile Device Manufacturing Policy 202O on Friday.

While underlining the main features of the Policy, the CEO EDB told the Chair that the government had introduced a mobile manufacturing policy to encourage and attract manufacturers to establish their units in Pakistan.

The CEO EDB said that in light of the policy Mobile Device Manufacturing (MDM) regulations more 30 companies have been issued MDM authorization enabling them to manufacture mobile devices in Pakistan. The companies include renowned brands such as Samsung, Nokia, Oppo, TECNO, Intel, Infinix, Vgotel, and Q-mobile.

He told that the policy had attracted more than US$ 76 million investments along with direct employment generation of thousands of people.

The CEO EDB also apprised the minister of locally manufactured/assembled mobile phone sets stood at 24.66 million sets in 2019-2021 whereas 7.16 million sets had been produced locally in January-March 2022 as compared to 0.61 million commercial imports in the same period.



He stated that there are 193 million subscribers of smartphones along with 88% Tele-density in the Country.

The minister lauded the initiative the of policy launched and progress on the implementation of the localisation plan. He remarked that there is a need to establish R&D center for the transfer of technology and skill development pertaining to the mobile manufacturing sector.

Syed Murtaza Mahmud added that this would enhance the footprint of the mobile manufacturing industry in the competitive export market.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

NDMA warns of potential impacts of rainfall in Pakistan

0
ISLAMABAD, Pakistan: The National Disaster Management Authority (NDMA) has issued a warning regarding the possible impacts of light to moderate rainfall in central and...
discovey garden

Explore Discovery Gardens in Dubai – A Detailed Guide

0
Discovery Gardens is a residential community located in Dubai, United Arab Emirates. It is a large development consisting of affordable apartment buildings surrounded by...
Taxi driver job in Dubai

Guide to Get Taxi Driver Job in Dubai to Make AED 7,350

0
No profession is a shame until it brings livelihood and fulfilment of all the necessities of life. Taxi driving is also one of the...

HRCP insists on civilian supremacy in ongoing political crisis

0
ISLAMABAD, Pakistan: The Human Rights Commission of Pakistan (HRCP) has warned all political stakeholders that unless they desist from any further measures that could...

State Bank of Pakistan allows banks to purchase US dollars from Interbank

0
KARACHI, Pakistan: The State Bank of Pakistan (SBP) has allowed the settlement of Credit Cards issued by various banks through the Interbank Exchange Rate...
Advertisement