Despite import substitution efforts and restrictions, the mobile phone import bill is rising, and that number does not even consider illegal imports۔
In Pakistan 🇵🇰, despite full efforts to replace imports, the import bill of mobile phone 📲 continues to grow, often due to illegal imports۔
However, the blame does not just fall on the manufacturers, as the industry is booming۔
Regulatory taxes and fluctuations in raw material prices۔ Of further concern is how corporations exploit this situation, taking advantage of the need for cheaper products for citizens in the name of import substitutes۔
The current situation is putting a burden on Pakistani consumers۔ It lasts۔
A cycle of corporate profiteering, in a limited market that limits imports of better quality
📝 Pakistan needs a better policy to encourage mobile device manufacturing sector۔