Federal Minister for Industries and Production, Makhdoom Khusro Bukhtiar, accompanied by GM Policy EDB visited Transsion Tecno Electronics (Pvt) Ltd Karachi on 10th September 2021 to witness manufacturing facilities. Transsion Tecno is currently leading smartphone manufacture in Pakistan producing Tecno, Infinix and Itel brands. The Federal Minister remarked that a major portion of foreign direct investment had come into fast moving consumer goods and telecom sectors. He further added that mobile phone industry has the potential to become a leading contribution towards Pakistan’s economic growth since it is labour intensive in nature & can create job opportunities for Pakistani workers, technicians and engineers. Furthermore because of availability of a huge domestic market, this sector can become a major contributor to the export base of the country.