AGL 38.25 Decreased By ▼ -0.58 (-1.49%)
AIRLINK 139.55 Decreased By ▼ -3.85 (-2.68%)
BOP 5.52 Increased By ▲ 0.28 (5.34%)
CNERGY 3.90 Increased By ▲ 0.18 (4.84%)
DCL 7.65 Increased By ▲ 0.07 (0.92%)
DFML 47.59 Increased By ▲ 1.19 (2.56%)
DGKC 80.50 Decreased By ▼ -0.38 (-0.47%)
FCCL 27.65 Increased By ▲ 0.23 (0.84%)
FFBL 54.72 Decreased By ▼ -0.28 (-0.51%)
FFL 8.65 Increased By ▲ 0.09 (1.05%)
HUBC 115.00 Increased By ▲ 3.98 (3.58%)
HUMNL 11.33 Decreased By ▼ -0.09 (-0.79%)
KEL 3.94 Increased By ▲ 0.17 (4.51%)
KOSM 8.62 Increased By ▲ 0.29 (3.48%)
MLCF 35.22 Increased By ▲ 0.02 (0.06%)
NBP 63.90 Increased By ▲ 2.55 (4.16%)
OGDC 170.70 Decreased By ▼ -1.20 (-0.7%)
PAEL 25.37 Decreased By ▼ -0.41 (-1.59%)
PIBTL 5.94 Decreased By ▼ -0.03 (-0.5%)
PPL 127.75 Increased By ▲ 0.20 (0.16%)
PRL 24.75 Decreased By ▼ -0.83 (-3.24%)
PTC 12.81 Increased By ▲ 0.66 (5.43%)
SEARL 57.50 Increased By ▲ 0.50 (0.88%)
TELE 7.19 Increased By ▲ 0.09 (1.27%)
TOMCL 34.91 Increased By ▲ 0.11 (0.32%)
TPLP 7.48 Increased By ▲ 0.53 (7.63%)
TREET 14.39 Increased By ▲ 0.54 (3.9%)
TRG 46.70 Decreased By ▼ -0.35 (-0.74%)
UNITY 26.10 Increased By ▲ 0.05 (0.19%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,129 Increased By 35 (0.39%)
BR30 27,519 Increased By 201.3 (0.74%)
KSE100 85,968 Increased By 303.7 (0.35%)
KSE30 27,338 Decreased By -102.9 (-0.38%)

Sialkot is an important economic hub and export-oriented city of the country where 99 percent products produced and are exported to various parts of the glob. Through export, Sialkot based small and medium industries were earning foreign exchange amounting over US 2 billion dollars yearly and strengthening the national exchequer.
Exceptional achievements in business, the corporate sector is fully vigilant to its responsibilities towards social sector and has played a significant role in this regard on "Self-help Basis" which has become now the culture of Sialkot. Sialkot made footballs, field hockey sticks, cricket gear and boxing gloves were used in international games including the Olympics and World Cups. It may be mentioned that surgical and sports goods industries are the oldest industries which were playing tremendous role not only in strengthening the national economy but also in providing employment opportunities to hundreds industrial workers.
Most of the developed countries were importing surgical instruments from Sialkot and everyday, hundreds of surgeries were performed around the world by surgeons using the instruments made in Sialkot. Thus, Sialkot made instruments were playing a silent but a significant role in healing of wounds and fighting disease worldwide. There is great need of a "Separate Business Strategy" for Sialkot keeping in view its unique export culture and craftsmanship enabling it play significant role in earning maximum foreign exchange for the country.
Despite several problems, the local exporters and manufacturers were fulfilling their international commitments to keep the national economic wheel in full motion. But needs special attention for upgrading industrial sector for tracking industrial sector on modern production lines for bringing radical change and need of formulation of a separate business plan for Sialkot for enhancing the productivity and bringing innovation in products to cope with the challenges of international market.
The industrial technology has improved the production line worldwide but due to lack of funds and the government support local industrial sector was lagging behind and without the support and cooperation of the government the tracking of the local industrial sector on modern lines is impossible.
In addition to this, there was a need of setting up of training institutions for producing skilled and semi-skilled work force for the industrial sector of Sialkot because currently the industrial sector was facing acute shortage of trained labour. The timely support of the government will not only help in modernization of local industrial sector but it will also help in enhancing the export volume to manifolds.

Copyright Business Recorder, 2016

Comments

Comments are closed.