Technology Upgradation and Skills Development Company (TUSDEC), Ministry of Industries and Production, Government of Pakistan is implementing the Technology Driven Knowledge Based Economy project in order to address the need of technology advancement for priority industrial sectors of the country revealed CEO TUSDEC Muhammad Alamgir Chaudhry.
Talking to Business Recorder here last night he said that Surgical is one of the two sectors selected with focus on Electro-medical devices, dental and surgical implants. CEO TUSDEC further stated that the scope of the project is major to mitigate the issues regarding technological advancement as well as to highlight products of these sub-sectors which have the high exportability/ import substitution and are not being manufactured in Pakistan. The project will includes the Technology Upgradation Centre, Technology Upgradation Fund, Skill development centre and joint venture etc he disclosed.
He said that the project comprised of three phases like comprehensive study of Pakistan's market, identification of top five international market leaders and studies relating their processes, product and technologies, comprehensive analysis between Pakistan and international market.
Under second phase special focus will be accorded on enlisting the specific products, processes technologies, specifically identifying the products and technologies for Pakistan marker and social, economic, environmental impact over Pakistan's market with these technological integration.
In third phase step will be taken for developing detailed strategic plan and PC-1 development, methodology for technology acquisition, identification of the interventions (technology upgradation canters, skill development centres, joint ventures, technology incubation centre or technology upgradation funds and preparation of PC-1.
TUSDEC had formed the Technical Working Group (TWG) comprising members of Sialkot Chamber of Commerce and Industry (SCCI), Surgical Instruments Manufacturers Association, Academia, industry as well as from the public sector for the project he disclosed. He said that surgical sector of Pakistan is mainly dealing in surgical instruments whereas the average world exports in surgical sector remained USD 178.6 billion during the period of 2013-17 in which major share was from implants and electro-medical devices where Pakistan has meager contribution.
Alamgir said that TUSDEC had initiated this benchmarking exercise for neglected but high growth potential sub-sectors of surgical implements and electro devices. CEO TUSDEC further stated that we are making strenuous efforts for finding out the ways and means for bringing out the surgical industry from stagnation.