Pakistan is finally going to start local manufacturing of mobile phones as five companies are looking to set up their mobile phone assembly lines in the country, reports Express Tribune.
Haier, G5, Jio Phone, Mobo Mobiles, and Foxconn are seeking government’s permission to set up their mobile phone assembly lines. Local manufacturing of the mobile phones will not just benefit the handset industry but it will also boost the economy by attracting foreign direct investment (FDI).
Previously, Pakistan Telecommunications Authority (PTA) also issued guidelines for the manufacturing of local mobile phone assemblies. You can review the steps that are required to get the Non-Objection certificate (NOC) here.
Pakistan spends a large sum of money in importing mobile phone devices in the country and let’s not forget the heavy duties associated with the handsets.
According to PTA, all devices manufactured in the country should carry a clear marking that should state “Assembled in Pakistan.”
It has yet to be seen that what kind of incentives will the authorities offer to the companies who are interested in setting up mobile phone assemblies just like the Auto Development Policy 2016 which makes an investment in the auto sector an attractive venture.
After granting the NOC, the telecom authority will inspect the mobile phone assemblies to see the health, safety, and technical standards.
WIth the local manufacturing of smartphones, the prices of the handsets will see a considerable decline which will make owning it a lot more affordable.