AIRLINK 177.00 Increased By ▲ 2.40 (1.37%)
BOP 12.81 Increased By ▲ 0.29 (2.32%)
CNERGY 7.49 Increased By ▲ 0.16 (2.18%)
FCCL 42.02 Increased By ▲ 2.09 (5.23%)
FFL 14.84 Increased By ▲ 0.16 (1.09%)
FLYNG 27.70 Decreased By ▼ -0.13 (-0.47%)
HUBC 134.51 Increased By ▲ 0.88 (0.66%)
HUMNL 12.96 Decreased By ▼ -0.01 (-0.08%)
KEL 4.44 Increased By ▲ 0.07 (1.6%)
KOSM 6.06 Increased By ▲ 0.05 (0.83%)
MLCF 54.51 Increased By ▲ 1.32 (2.48%)
OGDC 222.58 Increased By ▲ 9.67 (4.54%)
PACE 6.03 Increased By ▲ 0.03 (0.5%)
PAEL 41.30 Increased By ▲ 0.20 (0.49%)
PIAHCLA 15.62 Increased By ▲ 0.11 (0.71%)
PIBTL 10.06 Increased By ▲ 0.48 (5.01%)
POWER 11.17 Increased By ▲ 0.23 (2.1%)
PPL 183.99 Increased By ▲ 12.88 (7.53%)
PRL 34.31 Increased By ▲ 0.98 (2.94%)
PTC 23.34 Increased By ▲ 0.32 (1.39%)
SEARL 91.07 Decreased By ▼ -0.30 (-0.33%)
SILK 1.11 No Change ▼ 0.00 (0%)
SSGC 33.98 Increased By ▲ 1.47 (4.52%)
SYM 15.96 Decreased By ▼ -0.04 (-0.25%)
TELE 7.86 Decreased By ▼ -0.01 (-0.13%)
TPLP 11.01 Increased By ▲ 0.02 (0.18%)
TRG 58.72 Increased By ▲ 0.42 (0.72%)
WAVESAPP 10.79 Decreased By ▼ -0.30 (-2.71%)
WTL 1.36 Increased By ▲ 0.02 (1.49%)
YOUW 3.81 Increased By ▲ 0.02 (0.53%)
AIRLINK 177.00 Increased By ▲ 2.40 (1.37%)
BOP 12.81 Increased By ▲ 0.29 (2.32%)
CNERGY 7.49 Increased By ▲ 0.16 (2.18%)
FCCL 42.02 Increased By ▲ 2.09 (5.23%)
FFL 14.84 Increased By ▲ 0.16 (1.09%)
FLYNG 27.70 Decreased By ▼ -0.13 (-0.47%)
HUBC 134.51 Increased By ▲ 0.88 (0.66%)
HUMNL 12.96 Decreased By ▼ -0.01 (-0.08%)
KEL 4.44 Increased By ▲ 0.07 (1.6%)
KOSM 6.06 Increased By ▲ 0.05 (0.83%)
MLCF 54.51 Increased By ▲ 1.32 (2.48%)
OGDC 222.58 Increased By ▲ 9.67 (4.54%)
PACE 6.03 Increased By ▲ 0.03 (0.5%)
PAEL 41.30 Increased By ▲ 0.20 (0.49%)
PIAHCLA 15.62 Increased By ▲ 0.11 (0.71%)
PIBTL 10.06 Increased By ▲ 0.48 (5.01%)
POWER 11.17 Increased By ▲ 0.23 (2.1%)
PPL 183.99 Increased By ▲ 12.88 (7.53%)
PRL 34.31 Increased By ▲ 0.98 (2.94%)
PTC 23.34 Increased By ▲ 0.32 (1.39%)
SEARL 91.07 Decreased By ▼ -0.30 (-0.33%)
SILK 1.11 No Change ▼ 0.00 (0%)
SSGC 33.98 Increased By ▲ 1.47 (4.52%)
SYM 15.96 Decreased By ▼ -0.04 (-0.25%)
TELE 7.86 Decreased By ▼ -0.01 (-0.13%)
TPLP 11.01 Increased By ▲ 0.02 (0.18%)
TRG 58.72 Increased By ▲ 0.42 (0.72%)
WAVESAPP 10.79 Decreased By ▼ -0.30 (-2.71%)
WTL 1.36 Increased By ▲ 0.02 (1.49%)
YOUW 3.81 Increased By ▲ 0.02 (0.53%)
BR100 12,023 Increased By 222.2 (1.88%)
BR30 36,605 Increased By 1166.7 (3.29%)
KSE100 113,713 Increased By 1459.4 (1.3%)
KSE30 35,302 Increased By 517.9 (1.49%)

The Engineering Development Board (EDB) has called authorised mobile phone manufacturers on November 10 for preliminary discussions to prepare the new policy on mobile devices and allied equipment manufacturing, read an EDB letter on Tuesday.

The board has sought the meeting after the Mobile Device Manufacturing Policy 2020-23 (MDMP 2020-23) expired this year. Introduced by the then Pakistan Tehreek-e-Insaf (PTI)-led government, the policy managed to attract 31 mobile companies to Pakistan.

“The current and proposed tariff of local manufacturing of mobile devices and selection of items and preparation of tariff structure for allied equipment such as POS machines, tablets etc for promotion of eco-system will be analysed,” stated the letter sent to authorised mobile phone manufacturers.

Xiaomi inaugurates smartphone manufacturing facility in Pakistan

Discussions would also be held on the localisation plan under the proposed policy, it added.

According to the letter, analysis of list of importable components for inclusion or exclusion from quota allotted to manufacturers and the list of importable components with respect to minimum number of parts and components will also be finalised.

Source of funding, collection and disbursement mechanism for research and development allowance and export subsidy; feasibility of 3% or 8% as has been proposed, to be reviewed.

Other than that, ease of doing business, reduction of regulatory burden on industry, timelines for completion, and approval of policy documents will also be determined.

Air Link, Xiaomi partner for production of Xiaomi Smart TVs

The meeting will be held under the chairmanship of CEO EDB, which works under the Ministry of Industries and Production. The CEO can also allow any other item for discussion.

EDB has initially invited only authorisation holders for mobile phone manufacturing, saying the board would hold meetings with other stakeholders at appropriate time after preparation of the preliminary report.

It has previously been reported by Business Recorder that the MDMP 2020-23 enabled local mobile manufacturing and assembling, which has generated around $300 million in investment and 50,000 employment during the last two years i.e. since January 2021.

Air Link CEO says things ‘back on track’ as LC restrictions ease

The companies included renowned brands such as Xaomi, Samsung, Nokia, Oppo, TECNO, Infinix, Vgotel, and Q-mobile etc.

Local manufacturing plants manufactured/assembled 21.94 million phones handsets during the calendar year 2022 compared to 24.66 million in 2021 i.e. registered a decline, attributable to issues in imports on account of restricting the opening of the letters of credit (LC).

Meanwhile, the commercially imported phones handsets stood 1.53 million in 2022, significantly lower than 10.26 million in 2021, and 24.51 million in 2020.

Comments

Comments are closed.

Cool boy Nov 07, 2023 08:39pm
They will demand cheap and subsidized gas
thumb_up Recommended (0)