Pakistan has unveiled a new manufacturing policy aimed at strengthening the country’s electronics and mobile phone industry, with ambitious targets for exports, local production and employment over the next five years. The draft, Mobile and Electronics Device Manufacturing Policy 2026- 30, recently shared with the International Monetary Fund (IMF), sets a goal of increasing exports of mobile phones and electronic devices to $700 million while significantly reducing reliance on imports. Under the policy framework, the government plans to raise local manufacturing of mobile phone components to 50% within five to eight years. For laptops, tablets and point-of-sale machines, the target has been set at 30% local component production. Officials say the initiative is designed to lower production costs by about 5% , improve competitiveness of locally made devices and encourage companies to shift from assembly-based operations to deeper manufacturing. A major component of the policy is workforce development. The government aims to train 50,000 skilled workers to support the expansion of electronics manufacturing, covering areas such as production, quality testing, logistics and packaging. The policy is also expected to generate Rs. 148 billion in government revenue through levies on the sector, while creating thousands of jobs across manufacturing, assembly and supporting industries. By promoting local component production and export growth, the government hopes the policy will help conserve foreign exchange, strengthen industrial output and integrate Pakistan more deeply into global electronics supply chains. The five-year policy period includes performance benchmarks for exports, local content and workforce training, allowing authorities to track progress and adjust incentives as the sector develops.