Federal Minister for Industries and Production Makhdoom Syed Murtaza Mahmud on Friday lauded the initiative of Mobile Device Manufacturing (MDM) policy launched and progress on implementation of localisation plan.
He remarked that there is a need to establish R&D center for transfer of technology and skill development pertaining to mobile manufacturing sector, said press release issued here.
Federal Minister for Industries and Production Makhdoom Syed Murtaza Mahmud chaired a meeting on Mobile Device Manufacturing Policy 202O.
While underlining the main features of the Policy, CEO Engineering Development Board (EDB) told that the government had introduced a mobile manufacturing policy to encourage and attract manufacturers to establish their units in Pakistan.
The CEO told that the policy had attracted more than USD 76 million investments along with direct employment generation of thousands of people.
He 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.
He added that this would enhance the footprint of the mobile manufacturing industry in a competitive export market.
The Minister aimed to facilitate the sector to commence motherboard (PCB) assembly in Pakistan by 2023.
The companies include renowned brands such as Samsung, Nokia, Oppo, TECNO, Intel, Infinix, Vgotel and Q-mobile.
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 smart phones along with 88% Tele-density in the country.—APP
