Bangladeshi mobile handsets exported to Nepal

Export of Bangladeshi mobile handsets to Nepal has stopped in just five months. This situation has been created due to policy complexity. Symphony started exporting mobile handsets to Nepal for the first time with the tag of Made in Bangladesh. In October last year, Symphony sent about 15,000 mobile phones of three models directly to Apex Group in Nepal. Another 10,000 sets were sent on January 22. The target was to market at least 10,000 sets a month in Nepal. But due to lack of government incentives, the plan was not implemented. Discussions have already started at the highest levels of government. Maybe there will be a solution soon. Then it will be possible to market mobile handsets made in Bangladesh in foreign markets

Meanwhile, Symphony authorities claim that mobile handsets created in People's Republic of Bangladesh have already gained wide quality within the Nepalese market. our handsets have gained quality within the Nepalese market thanks to their quality. they aforesaid. within the meanwhile, a requirement has been created.. In such a situation we had to stop exporting handsets. Zakaria Shahid, managing director of Symphony, told Manabzamin that the export of mobile handsets to Nepal had to be stopped from March. We are waiting for the government's encouragement. There is a lot of loss when it comes to exporting handsets. If all goes well, the mobile handset will be exported again. Symphony mobile handsets manufactured from Bangladesh are planned to be exported to Nigeria, Sudan, Vietnam and Sri Lanka soon. For now, that plan has been scrapped. Meanwhile, the National Board of Revenue (NBR) has said that it will continue to provide policy support in the next financial year in the manufacturing sector with 'Made in Bangladesh' labels. According to sources close to the NBR's budget, the revenue-collecting agency is also considering amending several sections to make the existing VAT law more business-friendly. They are reviewing budget proposals from business organizations. However, whatever proposal is made, it will be finalized after the approval of the Finance Minister and the Prime Minister. NBR Chairman Abu Hena Mohammad Rumatul Munim said that the NBR has a positive attitude towards continuing and expanding its cooperation in the expansion of local industries.

 According to the concerned, the government has been providing various exemptions including income tax and VAT for the local industry for the last few years. Although not in all cases, in some cases the benefits are matching. At one time refrigerators, televisions and ACs were dependent on imports, but in recent years local industries have developed and now import dependencies have come down a lot. Over the last few years, the government has been coming up with tax exemptions as well as VAT exemptions to expand the local mobile phone industry. As a result, local companies are meeting about 60 percent of the local demand for smart phones and 50 percent for feature phones, local entrepreneurs said. Regarding exports, Symphony said that Symphony Mobile was the first company in Bangladesh to start exporting smartphones with the brand name 'Made in Bangladesh'. They are referring to it as a new milestone in countrys Export sector.

Zakaria Shahid aforesaid, Symphony Mobile may be a complete of People's Republic of Bangladesh. We had a target of exporting 10,000 products from Bangladesh to Nepal every month. We can produce 1 million products per month in our factory. 1300 people are working in this factory. They are all Bangladeshis. In addition, more than a million people are directly or indirectly involved in these manufacturing activities. "Our handsets are no less than the international market in terms of quality," he said. Each handset is made up of 6 layers to maintain the quality. Now all the handsets that are being exported are supported by 4G technology. Soon we will go into the production of handsets based on Five G support. In 2017, 

Symphony Mobile started its journey in about 55,000 square feet in Jirabo, Ashulia. Now Symphony Mobile's factory is built on its own land at Aukpara Dairy Farm in Ashulia on an area of ​​about 2 lakh square feet where about 12 million mobile phones are being produced every year. In addition to smartphones, Symphony is additionally creating varied components and accessories for mobile phones. Symphony's factory is producing 6 lakh chargers, 6 lakh batteries and 6 lakh earphones every month, which will increase in the future, according to the Symphony authorities. Zakaria Shahid also announced the Made in Bangladesh tablet.