Vivo is all set to raise the bar for mobile business in Pakistan by starting a local smartphone manufacturing plant in Pakistan. Pakistan’s Industries and Production Minister Hammad Azhar tweeted about the big step taken in the field of the mobile industry.
He tweeted on Wednesday from his official Twitter account:”Intl Smart Phone Brand VIVO has decided to establish a smartphone manufacturing facility in Pak. Land purchased. Deployment of DIRBS eliminated smuggled phones. It was followed up by Mobile Manufacturing Policy. Revenues already doubled & now local manufacturing taking off.”
In the present time, Vivo now has 200,000,000 active users across the globe. Vivo assures its customers to provide premium quality smartphones at a cheaper price.
Representatives from the company Vivo have declined to comment on the meeting publicly.
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THE POSSIBLE CONCERNS REGARDING THE MOBILE INDUSTRY:
Expanding the mobile industry by establishing a local mobile manufacturing medium can assist in eliminating a lot of socio-economic shortcomings such as smuggled phones and unemployment. Hamza Azhar, in another tweet, mentions that “Smartphone production in Pakistan is multiplying following DIRBS [Device Identification Registration and Blocking System] implementation and Mobile Policy launched recently.”
All of this was possible after the approval of the cabinet of the Mobile Device Manufacturing Policy, passed in June 2020. The policy also assured “removal of Fixed Sales Tax on CKD/SKD manufacturing of mobile devices” as well as exemption from 4 percent withholding tax on domestic sales of locally assembled devices, but industry players say implementation of these steps has still not been completed. (Source: Dawn)
Without the above-mentioned exemptions, the local manufacturing industry is not feasible and will cost a lot more than it will gain. Also, the lack of 4G smartphones is the biggest hurdle in the growth of the mobile industry in Pakistan.
The consistent hindrances will persist. But hopefully, this will be a project that will play an important role in the mobile industry in Pakistan. It is a stepping stone towards the localization of the latest technology in the country.
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