Pakistan’s automobile industry is one of the fastest-growing in the country, with a 171 percent increase in production between 2014 and 2018. As of 2018, it generates 3% of Pakistan’s GDP and employs approximately 3.5 million people. Pakistan automotive industry contributes roughly Rs 50 billion (US$310 million) to the national budget. Here are some of […]
Read MoreThe Economic Survey of Pakistan reports that local manufacturing of mobiles witnessed a record 375% increase since 2018 which has reduced the import bill and made the mid-range smartphones more affordable. According to the survey 24.7 million mobile phones were locally assembled & manufactured in 2021, as compared to 5.7 million mobile phones in 2018. […]
Read MoreAccording to Economic Survey of Pakistan 24.7M mobiles were locally assembled & manufactured in 2021, as compared to 5.7M mobiles in 2018. The local plants created 24,000 jobs in 2021-22, as compared to 600 in 2020. The production of mobile phones by local manufacturing plants in Pakistan has surpassed the total number of mobile phone […]
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