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Pakistan targets 50pc local value addition in mobile phone manufacturing

ISLAMABAD: Pakistan is targeting up to 50 percent domestic value addition in mobile device manufacturing under a new policy being formulated by the government, aimed at shifting the industry from import-dependent assembly towards local component manufacturing and higher-value industrial production. According to an official document, the Ministry of Industries and Production is evaluating a new…

Pakistan targets 50pc local value addition in mobile phone manufacturing

Pakistan is aiming to boost domestic value addition by as much as 50 percent in mobile device manufacturing, according to a new policy being developed by the government. The objective is to transition the industry from one reliant on imported components to one focused on local component manufacturing and higher-value industrial production.

The Ministry of Industries and Production is currently evaluating the Mobile Device Manufacturing Policy, a follow-up to the previous Mobile Device Manufacturing Policy 2020–2023, which attracted investment in both domestic and foreign-invested mobile phone assembly facilities. Currently, domestic value addition in mobile device manufacturing stands at around 10 to 20 percent, presenting ample opportunity for improvement.

The government is pursuing a broader policy agenda to decrease reliance on imported components and increase domestic value addition in key engineering and manufacturing sectors.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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