Policies being evolved to support SMEs

Published
In this photograph taken on November 16, 2016, workers operate a machine at a textile factory in Faisalabad. — AFP/File
In this photograph taken on November 16, 2016, workers operate a machine at a textile factory in Faisalabad. — AFP/File

KARACHI: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan has said that supporting small and medium enterprises (SMEs) through responsive policies and targeted facilitation will help unlock growth, reduce the trade deficit, and create much-needed jobs.

During his visit to Techno Auto Glass Ltd, Pak Suzuki Motor Comp­any Ltd, and Aisha Steel Mills at Bin Qasim Industrial Park on Monday, he expressed appreciation for the industrial infrastructure that is helping create highly skilled, much-needed jobs in the manufacturing sector.

He pledged the government’s support for the sector, especially by facilitating higher volumes of small cars for Pakistan’s middle and lower-middle classes, who currently use motorcycles.

Mr Haroon was briefed by industry representatives and Smeda Chief Executive Officer Nadia Jahangir Seth on the contribution of SME clusters to Pakistan’s manufacturing and export sectors.

Around 75 companies in the automotive and automotive parts industry operate in Bin Qasim and surrounding areas, providing employment to almost 100,000 people and producing high-quality local parts used in the automotive sector.

Ms Seth briefed the SAPM on ongoing initiatives to support SME clusters, including efforts to improve access to finance, enhance technology, and expand market linkages.

The industry stakeholders pledged to further increase their localisation efforts to reduce costs and transfer skilled jobs to Pakistan, creating opportunities for the young population.

Published in Dawn, January 13th, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Banking inertia
Updated 13 Jul, 2026

Banking inertia

PRIME Minister Shehbaz Sharif’s latest call to banks to expand lending to SMEs is nothing new. Every government...
Justice imperilled
13 Jul, 2026

Justice imperilled

THE Human Rights Commission of Pakistan and the International Federation for Human Rights have raised concerns about...
Toxic staple
13 Jul, 2026

Toxic staple

A RECENT article published in Dawn has shed light on the challenges being faced by Sindh’s chilli farmers, whose...
Mixed messaging
Updated 12 Jul, 2026

Mixed messaging

In case the parleys fail, a return to full-scale war would be the likely outcome.
Way forward
12 Jul, 2026

Way forward

A GROUP of estranged PTI leaders, calling themselves the ‘National Dialogue Committee’ and led by figures like...
Recalled orders
12 Jul, 2026

Recalled orders

WHILE justice should be blind, it should not be oblivious to the human suffering some decisions may cause. This is...