Mobile phone manufacturing policy being drafted
Mobile phone manufacturing is one of the biggest industries worldwide. This industry is now moving out of China and into countries such as India, Bangladesh, Indonesia and Vietnam. Adviser to the Prime Minister on Commerce and Industries and Production and Investment, Abdul Razak Dawood has recently revealed that the government will provide incentives to the […]
CCP directed to control artificial inflation
Prime Minister Imran Khan has directed the Competition Commission of Pakistan (CCP) to work proactively for controlling the artificial increase of raw material. Cartelization in the industry has to be discouraged at all costs said Prime Minister Imran Khan while chairing a meeting on construction sector. Promotion of construction sector is priority of the government […]
Electric vehicle policy to promote local manufacturing
The Engineering Development Board (EDB) convened a meeting of Auto Industry Development Committee (AIDC) to review the EV Policy already approved by the Federal Cabinet. All major stakeholders including Pakistan Automotive Manufacturers Association (PAMA), Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM), Senior officials from the Ministry of Industries & Production, the Engineering Development […]
Hyundai’s started production of first ‘Made in Pakistan’ product
Nishat Motor (Private) Limited has publicized its mass production at the assembly plant in FIEDMC, M3 Industrial Estate, Faisalabad, which is now fully operational. With an annual production capacity of up to 15,000 units per annum in its initial phase, this production has been started within two years after groundbreaking of December 2017. This HNMPL […]
NHA signed MoU with NBP
The National Bank of Pakistan (NBP) has signed a memorandum of understanding (MoU) with the National Highway Authority (NHA) to provide 11,000 olive plants to NHA free of cost. These olive plants will be planted these will be planted along Islamabad-Peshawar Motorway (M-1) and other roads. Federal Minister for Communications and Postal Services Murad Saeed […]