BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)

ISLAMABAD: The local manufacturing/ assembling plants manufactured/ assembled 20.44 million mobile handsets during the first eight months (January-August) of the calendar year 2024, compared to 1.1 million imported commercially.

Official data revealed that the locally manufactured/ assembled 1.49 million mobile handsets in August compared to 0.1 million imported commercially.

The locally manufactured/ assembled 20.44 million mobile phone handsets included 7.71 million 2G and 12.73 million smartphones.

Besides, as per the PTA’s data, 62 per cent of mobile devices are smartphones, and 38 per cent are 2G on the Pakistan network.

The country imported mobile phones worth $143.889 million in the first two months (July-August) of current fiscal year 2024-25, registering a negative growth of 19.82 percent when compared to $179.453 million during the same period of last fiscal year 2023-24.

Pakistan imported mobile phones worth $1.898 billion during the fiscal year 2023-24, compared to $570.071 million during the fiscal year 2022-23.

In rupee term the country imported mobile handset of worth Rs40.069 billion during the first two months of current fiscal year and registered negative growth of 22.73 percent when compared to Rs51.853 billion during the same period of last fiscal year.

Pakistan’s mobile phone imports increased by 23.14 per cent on a month-on-month (MoM) basis in August 2024 and stood at $79.406 million compared to imports of $64.483 million in July 2024, according to the data of Pakistan Bureau of Statistics (PBS).

Year-on-Year (YoY) basis, mobile phones imports witnessed negative growth of 28.68 percent when compared to $111.339 million in August 2023.

The overall telecom imports into the country stood at $221.725 million during July-August 2024 and registered 7.73 percent negative growth when compared to $240.293 million during July-August 2023.

Overall telecom imports increased by 16.36 per cent on MoM basis in August 2024 and stood at $119.247 million compared to imports of $102.478 million in July 2024. YoY basis, overall telecom imports witnessed negative growth of 20.34 percent when compared to $149.704 million in August 2023.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.