Pakistan on Wednesday announced the policy for local manufacturing of lithium-ion batteries, as the government aims to promote innovation, reduce import dependence, and boost Pakistan’s industrial and energy storage ecosystem.
During a meeting, Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan said that with the instructions of Prime Minister Shehbaz Sharif, the government is developing a policy to start domestic manufacturing of lithium-ion batteries.
SAPM highlighted that lithium-ion cells and components are currently imported and only assembled locally, underscoring the need to develop full-scale manufacturing capacity within Pakistan.
Minister of State Bilal Azhar Kayani said the adoption of modern technologies would support power conservation, industrial efficiency, and productivity.
He said the upcoming policy needs to include concrete measures and incentives to promote local manufacturing. Officials from the Ministry of Commerce informed the meeting that the import of raw materials for lithium-ion batteries is subject to zero tax, while a 12% tax is levied on fully assembled batteries.
The Ministry of Science and Technology assured its support in giving facilities for testing, certification, and quality assurance of lithium-ion batteries.
SAPM directed all stakeholders to actively contribute their input to the policy formulation process. He announced the formation of three working groups, which will engage in consultations to finalise the lithium-ion battery policy.
The meeting was attended by Secretary of Industries Saif Anjum, Engineering Development Board (EDB) Chief Executive Officer (CEO) Hamad Mansoor, along with representatives from the public and private sectors.