05/29/2008
Pakistan invests in own electronic industry
Pakistani Technology Upgrading and Skill Development Company (Tusdec) is planning to establish public facility centers in
Lahore and Karachi at a cost of Rs5.7 billion to facilitate development of the country’s electronics industry and to reduce
dependence on imports. Disclosing this, a Tusdec spokesman said here on Wednesday that the country was spending over
$1billion per annum on importing cellular phones alone because it had not developed its electronic sector despite the fact
that it had become the most lucrative market in the world with an annual turnover of $1.2 trillion. Pakistan's electronics
sector basically focused on consumer electronics, with activities confined to assembly of conventional TV sets, radio,
cassette recorders and other allied consumer electronics products using CKD or SKD component kits, imported mostly from
China. The share of electronics in country's manufacturing sector was merely three per cent. The spokesman said that Tusdec
was establishing the Lahore Electronics Complex at a cost of Rs2.7 billion with focus on cellular phones and telecom sectors
and Karachi Electronics Complex at a cost of Rs3 billion to cater to the requirements of consumer and home appliances
industry including liquid crystal display, television, computer monitors and multimedia products. The centers were designed
to support and help grow the local industry through 'economy of scale', supply of sub-assemblies and kits at competitive
prices to those being otherwise imported from China and nearby countries. The economy of scale supply would contribute
significantly to the lowering of cost of electronics products in the country with respect to other players in the
international market.
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