A large number of chemicals are imported from abroad and they consume a large chunk of our foreign exchange..
The project is to create a database of chemical imports over a period and then use it to identify import substitution opportunities that would result in new chemical based industries. This will create local jobs and revenue and may even create opportunities for export. This will also reduce our dependence on foreign sources and nurture the small chemistry/chemical engineering = community..
Import substitution can create a large number of jobs in Pakistan by creating new industries..
This area has the potential of creating billions of rupees in terms of opportunities..
Domestic Market in Rs:
Export Market in Rs:
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