Pakistan’s domestic mobile phone assembly industry has seen remarkable growth, with local manufacturers producing 31.4 million units in 2024, a 47% increase from the previous year. According to a report by Topline Securities analyst Sunny Kumar, the surge is attributed to government import restrictions, tax incentives, and economic recovery.
The data from the Pakistan Telecommunication Authority (PTA) shows that December 2024 alone saw 2.95 million units produced, marking a 28% month-over-month increase. The fourth quarter saw 8.8 million units manufactured, a 67% jump from the previous quarter’s 5.3 million. Compared to 2022, production has increased by 43%, spurred by favorable tax policies, population growth, and a recovering economy.
Import restrictions imposed in 2023 to address dollar outflow played a key role in the shift toward local assembly, pushing both consumers and retailers toward domestically produced phones. Additionally, tax advantages, with lower tariffs on locally assembled phones compared to imported ones, further incentivized the market. The economic recovery, particularly in urban areas, also helped boost consumer spending, supporting the growth of the local manufacturing sector.
