fbpx
Advertisement

7.16 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

Latest article