21 COMPANIES, INCLUDING SAMSUNG, ALLOWED TO MANUFACTURE MOBILE PHONES IN PAKISTAN

 

MADE-IN-PAKISTAN-MOBILE-PHONES

Good news for Pakistanis. South Korean company Samsung will soon start local manufacturing of smartphones in Pakistan, the Senate Standing Committee on Industry and Production said in a meeting.

In a meeting chaired by Senator Faisal Sabzwari, the ministry officials informed the committee members that preparations have been made to bring mobile company Samsung to the local market, Samsung has done it for local manufacturing and Ibrahim Sons has been shortlisted. ۔

The committee members were informed that 3% R&D allowance is given to local manufacturers to promote mobile phone exports, while locally assembled or manufactured phones are also exempted from 4% holding tax on domestic sales, Senator Waleed said. Iqbal called the move a success by the Ministry of Industry and Production.

He said that 85% of mobile phones are imported in the country every year, promoting the local mobile phone industry for local market and exports, and 21 new companies have been allowed to start local manufacturing and assembly.

The Engineering Device Board, a division of the Ministry of Industry and Production, approved the mobile device manufacturing policy last year, after which 21 companies received the green signal for mobile phone manufacturing from March to June.

According to the EDB list, these factories of Nokia, Oppo, Infinix, Techno, iTel, WAV, Alpha, RealMe, Vigotel, D-Code, CallMe, Excel, Spice, TCL Alcatel brand Rawalpindi, Karachi, Lahore , Faisalabad and Islamabad