STAFF REPORT ISLAMABAD: The nation expenses of mobile handsets have swelled substantially in the current fiscal year, showing a huge burden on the imports bill of the country reaching Rs 33.549 billion during July 2010 to March 2011.
“The mobile handsets sales have increased to Rs 33.549 billion in Jul 2010 – Mar 2011 as against Rs 18.061 billion in the corresponding period of previous fiscal year, showing a tremendous growth of 85 percent in the third quarter of current fiscal year,” reveal the fresh figures released by the Federal Board of Statistics.
The data says that the imports of handsets swelled to $392.028 million during July to March that signifies huge spending of Pakistan’s nation on mobile handsets every month at the cost of foreign exchange loss.
The sales of handsets have crossed 9 million dollars mark in the said period if average monthly sales are evaluated at 1 million dollars in the nine months in accordance with data shared by market experts.
Market experts said that more than 60 percent of the market consists of $50 to $100 ( around Rs 4,000 to 9,000) price range. Moreover, Pakistan’s market has solid demand of high cost handsets that limits exceeds to Rs 50,000 benchmark.
No comments:
Post a Comment