SMEDA AND TDAP URGED TO JOIN HANDS WITH UNISAME…Financial Daily 27/06/2022

The Union of Small and Medium Enterprises (UNISAME) has advised SMEs especially the medium and upper medium to come forward and set up manufacturing units and capture local and overseas markets as imports have become nonviable in Pakistan due to rupee depreciation which is making imports unaffordable but of course favouring exports.
UNISAME president Zulfikar Thaver and UNISAME Council members were of the firm opinion that it is the best time to substitute imports of foodstuffs, light engineering, durables and general merchandise with quality goods of international benchmark.
Thaver urged the Small and Medium Enterprises Development Authority (SMEDA) to focus on this and make it happen by impressing upon the government to facilitate, encourage, support and motivate the small to medium sized entrepreneurs with banking, leasing, insurance and logistics.
UNISAME Council members endorsed the advise unanimously and assured SMEDA of full support in implementing the plan to create awareness that now is the time to set up manufacturing units of all previously imported items of food, clothing and electronics and this opportunity must not be missed.
In this connection UNISAME Council also stressed on marketing support and urged Ahsan Ali Mangi the secretary of the Trade Development Authority of Pakistan (TDAP) to convene a meeting of quality goods manufacturers belonging to the SME sector and motivate them to enter global markets and raise their standards to international benchmarks for domestic import substitution as well as meet export market requirements.

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