PTA gives license to 16 international mobile companies: How will local manufacturing benefit Pakistan?

From July 2018 to March 2019, an amount of $200.1 million has been invested in the telecom industry.

 

  • PTA gives license to sixteen international companies to manufacture mobiles in Pakistan.
  • From July 2018 to March 2019, an amount of $200.1 million has been invested in the telecom industry.
  • 8 million Cellular mobile subscribers have been increased in the year 2018 to 2019.
  • The status of Pakistan will change to the consumer to the producer market.

PTA

Pakistan has taken a big step towards the manufacturing of high tech in the field of information & technology. Pakistan’s telecommunication authority (PTA) gives license to sixteen international companies to manufacture mobiles in Pakistan.

This venture will act as a milestone in the course of information and technology. The manufacturing of mobiles in Pakistan will have a good impact, as it will eventually decrease the prices of mobile. This step will help the mobile industry to grow and be autocratic, said the source.

A significant amount of $200.1 million has been invested in the telecom industry from July 2018 to March 2019. The cellular mobile sector has been the main drive behind this investment. A recent economic survey has revealed that the mobile sector has invested $158.3 million during the first two quarters of the fiscal year 2018-2019.

Cellular Mobile Subscribers:

From July 2018 to 2019, mobile subscription in Pakistan has reached 159 million with a net addition of 8.8 million subscribers.

Benefits of having local mobile manufacturing:

  • Local mobile manufacturing will outcome in less dependence on foreign countries for basic local needs. It will also reduce foreign exchange and will increase in foreign investment.
  • The local manufacturing of mobiles will help in the decrease of illegal mobile imports.
  • The image of Pakistan will also be improved as the status of Pakistan changes to the consumer market to the producer market.
  • Other industries like software, packaging, accessories, component manufacturers and R&D can also be benefitted from having a local mobile manufacturing industry.

Also See: Trend To Watch Pornography Has Significantly Decreased In Pakistan – PTA

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