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

JS Securities Limited (31 May 2023)

Karachi, May 31, 2023 (PPI-OT): KSE-100; Upside to continueBulls continued to dominate the session as KSE-100 index gained 332 points to close at 41,672. Volumes stood at 198mn shares versus 346mn shares traded previously. The index has closed above it...

The post JS Securities Limited (31 May 2023) appeared first on Pakistan Business News.