Pakistan’s Local Mobile Manufacturing Outpaces Imports in First Half of 2024
During the first half of 2024 (January-June), local manufacturing and assembling plants in Pakistan produced 17.34 million mobile handsets, significantly surpassing the 0.84 million handsets imported commercially. In June alone, 4.26 million handsets were locally manufactured or assembled, compared to 0.08 million imported. From January to May 2024, local production reached 13.08 million units against […]
BYD to enter Pakistani Market with electric vehicle launch on August 17th
The Chinese automotive powerhouse BYD is preparing to officially enter the Pakistani market with a major launch event scheduled for August 17th. As the leading manufacturer of New Energy Vehicles (NEVs) globally, BYD has formed a strategic alliance with Mega Motor Company, a subsidiary of Hub Power Company Limited (Hubco), to introduce its electric and […]
Higher taxes affecting sales of Cement: APCMA
In July 2024, cement dispatches in Pakistan declined by 6.81%, marking the 11th consecutive month of decrease due to sluggish economic activity. Total dispatches for the month were 3.010 million tons, down from 3.230 million tons in July 2023, according to data released by the All Pakistan Cement Manufacturers Association (APCMA). Local cement dispatches dropped […]