Pakistan is seriously behind in lifts and escalator and moving conveyor technology and this is an area where reasonable cost can bring higher adoption..
Lifts, escalators and conveyors are a big part of modern life. The project is to form a think tank to help develop and promote the development of local components so that these systems can be manufactured at affordable costs thus promoting modern living..
This has the potential of creating tens of thousands of jobs and value add to the overall economy..
Creating more value out of the existing by products will add new revenue streams to the local economies..
Domestic Market in Rs:
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