Breaking News

PM directs to ensure all possible facilities to enhance industrial production

Prime Minister Imran Khan has directed to remove obstacles in the way of foreign investment and industrialization and ensure all possible facilities to enhance industrial production.

Chairing a meeting regarding enforcement of mobile devices manufacturing policy in Islamabad on Friday, he said development of the industrial sector would increase country’s income and provide better employment opportunities to the people.

The meeting was briefed that Pakistan is a big market for cellular phones as around 40 million mobile sets are annually bought in the country. It was told that after the enforcement of Device Identification, Registration and Blocking System, revenue collection has been increased from 22 to 54 billion rupees and it also ended smuggling of mobile sets. The meeting was apprised that now a number of international companies are showing interest to locally manufacture mobile devices in Pakistan.

 

Source: Radio Pakistan

Check Also

Fauji Foods Limited Reports Strong Growth and Future Expansion Plans

Karachi, Fauji Foods Limited (FFL) recently conducted a corporate briefing session to discuss its financial performance in the first nine months of the fiscal year 2023 and to outline its strategic vision for the future. The company reported significan...

The post Fauji Foods Limited Reports Strong Growth and Future Expansion Plans appeared first on Pakistan Business News.