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Pakistan launches initiative to boost local power equipment manufacturing, aiming to reduce imports.
A workshop at Lahore University of Management Sciences (LUMS) aimed to create a national strategy for localizing Pakistan's power equipment manufacturing.
The event, organized by the National Grid Company of Pakistan (NGC) and LUMS, launched a real-time digital dashboard to monitor progress and spur local growth.
Federal Minister for Energy Sardar Awais Ahmad Khan Leghari highlighted that the NGC's indigenization policy has yielded $10 million in savings through import substitution, emphasizing the need for other entities to adopt similar strategies.
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Pakistán lanza una iniciativa para impulsar la fabricación local de equipos de energía con el objetivo de reducir las importaciones.