Policy evolved to promote small industries in Pakistan
Pakistan Times Business & Commerce Desk

LAHORE: Provincial Minister for Industry and Trade Muhammad Ajmal Cheema has said that in order to promote small and cottage industry on modern lines a policy has been evolved.

“The Punjab Small Industries Corporation (PSIC) will set up four Common Facility Centres for the small industries, where latest machinery would be installed. Besides, the establishment of a Cottage Village was also under-consideration.”

The Minister stated this while presiding over a high-level meeting of the Corporation here on Sunday. PSIC officials also attended the meeting. He said that there are as many as 1200 cottage industries in Sargodha, where a modern dye-mechanic manufacturer machine would be installed.

In order to facilitate the vendor industry, he said that a computerized machine would be set up for preparing auto parts locally, said Mr. Cheema. He added that the locally prepared auto parts would be consumed domestically and exported as well.

Ajmal Cheema said that furniture showrooms would be established at Chiniot, Gujrat and Karachi, where entrepreneurs from abroad could come, visit and place their orders to import in their countries.

The Minister said the Common Facility Centres would function under the supervision of the Corporation for one year and later they would be handed over to the concerned Chambers and traders’ organizations.

He said the government was seriously considering bringing together the cottage industry at one place, for which the establishment of a Cottage Village was under-consideration. A summary in this regard is being prepared, he added.●