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Friday, August 12, 2022
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    HomeBusinessAfter ‘big success’ in local cell phone manufacturing, Pakistan eyes to increase...

    After ‘big success’ in local cell phone manufacturing, Pakistan eyes to increase exports

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    ISLAMABAD: Adviser to the Prime Minister on Commerce and Funding Adbul Razak Dawood Wednesday stated, Pakistan achieved “huge success” within the manufacturing of cell phones in 2021, with native manufacturing exceeding imports for the primary time, and the nation was now eying enlargement into exports.

    Pakistan, a web importer of cell phones previous to 2016, produced 22.12 million handsets throughout January-November 2021 and imported 9.95 million throughout the identical interval, knowledge from the Pakistan Telecommunication Authority (PTA) exhibits. In 2020, Pakistan’s import of cell phones was 24.51 million in comparison with 13.05 million units produced domestically. Numerous Chinese language cell phone producers have performed a key function in Pakistan’s manufacturing increase in 2021, in response to the PTA.

    Native manufacturing vegetation assembled 9.03 million good telephones whereas the variety of 2G cell phones was 13.09 million.

    “I’d say that our complete enterprise into manufacturing cell phones has been an enormous success,” Dawood, adviser to the Prime Minister for commerce, stated in an interview with Arab Information on Wednesday.

    “It has been very profitable as a result of we now see that each month the variety of cell phones coming into the nation is reducing and the numbers which are being produced and offered domestically is rising.”

    The PM’s aide stated the document ranges of native manufacturing had been achieved below a brand new “conducive coverage” launched by the present authorities.

    The Cellular System Manufacturing Coverage 2020 set a 49 p.c localization goal by June 2023, together with 10 p.c localization of components of the motherboard and 10 p.c localization of batteries.

    “Now we have developed a coverage for native assembling of cell phones … We’re at the moment turning into a world class assembler of cell phones,” Dawood stated. “We’re proper now concentrating on low-end cell phone units and we hope that quickly we will begin stepping into high-end telephones with world class firms.”

    He stated after attaining a milestone in manufacturing, Pakistan was eyeing exports to regional international locations and Africa. Now we have began on an export journey, one or two containers have already moved in another country. Our technique is to get our cell phone exported on a sustainable foundation, ” Dawood stated.

    “Our technique is that we export to Afghanistan, the Central Asian Republics and to Africa and as we grow to be increasingly more skilled, we might be diversifying into the upper finish market. We’re hopeful that [we can do this on a] sustainable foundation someday this 12 months, 2022.”

    Pakistan’s cell phone imports elevated by 51 p.c to over $2 billion over the past fiscal 12 months whereas the import invoice elevated by 18 p.c throughout the present fiscal 12 months, July-November 2021, in response to the Pakistan Bureau of Statistics.




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