Pakistan News Service

Monday Sep 23, 2019, Muharram 23, 1441 Hijri
Logo
Main News Business & Economy Stock & Bond Editorials Cotton & Textiles Agriculture & Allied Fuel & Energy Taxiation Company News

Government focusing on modernising industries sector: minister

12 July, 2007


  More on this

SIALKOT: Federal Industries Minister Jahangir Khan Tareen has said that the government has focused its attention on modernising the industries sector to further accelerating its productivity.

Addressing the members of Sports Goods Manufacturers and Exporters Association (PSGMEA) here on Tuesday at Sialkot Chamber of Commerce and Industry (SCCI) he said that the government was committed to bring about radical changes in the industrial sector through provision of certain technologies and know-how in the country.

He said that the government would provide full support for achieving the targets and was ready to provide every assistance for enabling this sector to become internationally competitive and meeting the future challenges that it confronts.

Tareen said he was confident that the business community engaged in sports goods sector would concentrate on enhancing exports to US to one billion dollars in the next three years.

He said that Sialkot is indeed the most important player in the international market of sports goods for the past over 50 years, and has time and again proved as the ultimate and reliable source for all major international sporting goods brands, and its most impressing aspect is that big brand can clearly infer that it must be immaculate product quality and craftsmanship, which forces them to buy from Sialkot.

The Industries Minister said that the sports goods sector is the main export sector of the city with exports of more than $350 million per annum with the product range which includes hand-stitched footballs, rugby balls, basketballs, volleyballs, cricket and hockey balls, baseball balls, hockey, crickets bats, baseball bats, sports gloves, boxing equipment, protective gear, sports wear, etc.

He lauded the services of Sialkot for catering around 70 percent of total world demand which means more than 40 million hand-stitched inflatable balls, of annual worth of $210 million.

He said that the regular functioning of Product Development Centre would help the business community engaged in sports goods for producing the products with composite material more easily that would surely help increasing the exports of sports goods.

Earlier, Chairman of Pakistan Sports Goods Manufacturers and Exporters Association Safdar Sandal presented the address of welcome and highlighted various issues. Chairman, Task Force on Trade and Industry, Muhammad Riaz, Federal Secretary Industries Shahab Khawaja, Chief Executive Smeda Shahid Rashid, and Provincial Chief Smeda Alamgir were also present on the occasion.


 
Suggested Sites