Sardar Usman Ghani has been elected as Central Chairman of Pakistan Hardware Merchants Association (PHMA) on Monday while Ahmad Dawood became the Chairman of the Northern Zone of the Association. Pakistan Hardware Merchants Association (PHMA), the leading representative body of the country's house-wares and hardware sector, elected Sardar Usman Ghani as its leader for the second time.
The newly elected Executive Committee Members are Sardar Usman Ghani, Sh. Ahmed Dawood, Zeshan Khalil, Sh. Sikandar Riaz, Mohammad Waseem, Mian Taha Zamir, Syed Tariq Rashid (Karachi), Kashif Hanif Qadri (Karachi), Nadeem Ahmed Kushtiwala (Karachi), Waseem Uzzafar Qadari (Karachi), Shoukat Ismail (Karachi) and Hafiz Mansoor Ahmad (Karachi).
Sardar Usman Ghani said the local hardware sector should focus on exports targeting non-traditional markets such as Africa and Central Asia. Hardware exports can provide an invaluable source of diversifying Pakistan's narrow export base mainly involving items such as cotton and textile, leather, rice, sports, surgical and processed raw materials. The local hardware sector must promote research and development to produce better quality goods cost effectively, he added.
He said that the industry should invest in technology and manpower, which is essential for both innovation and workforce productivity. The leading firms in the local hardware sector must forge out joint ventures with relevant global champions to be more productive. Pakistan is a resource-rich country with one of the youngest and low-cost workforce anywhere in the world.
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