Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Energy crisis main reason behind decline in surgical exports

byCT Report
04/02/2017
in Latest News, National
Share on FacebookShare on Twitter

SIALKOT: – The prolonged persisting energy crisis was stated to be the main reason behind the decline in surgical exports from Sialkot-Pakistan and further investment in surgical industry by the local exporters and investors, due to which more than a century old surgical industry of Sialkot now has been passing through its very hard time as well.

According to the Sialkot based surgical instruments manufacturers and exporters, there were more than 3600 small and big sized surgical instruments manufactures and forging units, out of which more than 2200 units (scattered in and around the Sialkot city) have been badly affected by the power and suigas outages, due to which the new investment in Sialkot’s surgical industry has stopped and the exporters and investors were reluctant to do more investment in this industry here.

You might also like

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

As these 2200 small sized surgical manufacturing and forging units have been lying closed for the last six months, as they were battling for their survival in such unavoidable circumstances. Later, these unavoidable circumstances had beaten them badly and as a result of which they were forced to close these units to avert for financial crisis.

The affected small manufacturers said that the lacked government patronage was also another main cause behind the closure of these 2200 small surgical instruments manufacturing and forging units in and around the Sialkot city here.

There was also a visible decline in exports of surgical instruments in Sialkot from US$ 369 million to US$ 358 million.

The perturbed surgical exporters including Fazal Jillani, Jalil Bajwa, Sheikh Waqar , Bilal Ameen, Qaiser Baig and Ch. Muhammad Ikram were of the view that the surgical industry and its manufacturers, venders and exporters were in dire need of India and China like government patronage for their surgical sectors. They urged the Pakistan government to ensure the maximum trade, export and research and development patronage for the surgical industry. They said that surgical industry was more than a century old and was also in dire need of advanced manufacturing technology, besides; exploring the new international trade markets through the diversification of their traditional t nontraditional export products.

They also urged the surgical exporters to end their internal price war and focus on diversification of their traditional to nontraditional export products in a bid tap the untapped international trade markets ahead.

Chairman Surgical Instruments Manufacturers Association of Pakistan (SIMAP) Muhammad Jehangir Bajwa added that the more than a century old surgical industry of Sialkot was in dire need of the skilled work force and early provision of skilled work forces could prove itself as injection of a fresh blood into the dying surgical industry as well.

 

 

 

Related Stories

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

Next Post

Sialkot ASO seizes cumin seeds priced Rs125000

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.