Chinese smartphone brand Realme starts production in Pakistan
According to a media report, Realme, a Chinese smartphone manufacturer, has begun production in Pakistan. Similarly, the company’s factory in Lahore, Punjab, has begun producing mobile phones. In addition, Abdul Razak Dawood, Adviser to the Prime Minister of Pakistan on Commerce and Investment, congratulated the company on the launch of local production, saying that this step will not only generate jobs but also lower the cost of their locally manufactured cellphones.
China’s Realme launched mobile production in Pakistan, Gwadar Pro reported on Tuesday. It says, Chinese smartphone brand Realme has started producing mobile phones at its unit in Lahore, Punjab.
“I would like to congratulate RealMe mobiles which has started producing mobiles locally” said Abdul Razak Dawood, Adviser to Prime Minister of Pakistan on Commerce and Investment, in message posted on his official Twitter handle, adding, “This has not only created employment but it has also decreased the cost of their locally made smartphones”.
According to Mr. Dawood, the new development aligns with the Ministry of Commerce’s “Made-In-Pakistan” policy of promoting industrialisation and import substitution.
Chinese mobile phone manufacturing companies have played a crucial role in helping Pakistan reduce dependence on imported mobile phones.
In the first quarter of 2021, for the first time in the history of Pakistan, the production of mobile phones by local manufacturing plants surpassed the imports of mobile phones.
According to Pakistan Telecommunication Authority (PTA)’s statistics, during 2021, Pakistan locally manufactured 24.66 million phones and imported 10.26 million phones. In 2020, the number of locally manufactured phones was 13.05 million while the country had imported 24.51 million phones.
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