The Ministry of IT and Telecommunication (MoIT&T) has said that it would be creating new laws with the intention of boosting Pakistani-made goods.
The goal of this program, according to ministry representatives, is to promote indigenization and local IT sector growth. The ministry intends to boost the local market and lessen reliance on imports by promoting domestic manufacture of IT goods.
The upcoming rule is an attempt to improve capacity building at the local level. The government’s goal in concentrating on domestic IT product development is to provide a strong foundation that encourages innovation and self-sufficiency. It is anticipated that this strategy would provide local companies and entrepreneurs tremendous chances to prosper in the IT industry.
The legislation aims to establish Pakistan as a competitive competitor in the global IT industry, in addition to satisfying local need. Pakistan may be able to boost exports and strengthen the economy by manufacturing top-notch IT goods domestically. It is believed that this combined strategy of export promotion and import substitution is essential for achieving sustainable economic growth.
