Tusdec launches research projects

Attention: open in a new window. PDFPrintE-mail

LAHORE  - Technology Upgradation and Skill Development Company (TUSDEC) has launched sectoral research projects in order to facilitate the five manufacturing industrial clusters of Pakistan inclusive of fans, sports goods, surgical instruments, plastic goods and 2/3 wheelers automobiles.

According to a company spokesman, TUSDEC R&D unit has performed rigorous preliminary studies to dig out few of the most yielding industrial fragments carrying the potentials to feed the national economy. The final sectoral selection has been made weighing the significance of their contribution towards national GDP growth rate. The spokesperson further shared that these five industrial sectors (fans, sports goods, surgical instruments, plastic goods and 2/3 wheelers automobiles) indicate huge employment and exports potentials while formulating a substantial chunk of national revenue.

TUSDEC has already established state-of-the-art Common Facility Centres (CFCs) for Ceramics and TDM (Tools Dies and Moulds) industrial terrains in Gujranwala and Karachi. Now employing the knack of probe and research. The company deems to identify the technological and skill gaps prevalent in the manufacturing clusters of fan, Sports Goods, Surgical Instruments, Plastic Goods and 2/3 wheelers Automobiles.

The research and gap analysis will lead the company experts to contrive various feasibility reports (PC-1s) which will be conferred to the government to setup Common Facility Centres (CFCs) and Training Centres for the above said industrial sectors. With the establishment of large-scale CFCs, the relevant enterprises will experience a boost in their productivity through hi-tech equipment utilization and skilled manpower. This will help increase the potentials of local industry to connect with the international value chain while making the country’s economy reach at the global growth curve.

Courtesy: The Nation

Forex open Market rates & comments Archive

Login Form