05/31/2021
The manufacturing industry in Pakistan is mostly labor intensive with a low level of automation having high defect rates and low efficiency levels. As a result, it is facing serious problems in increasing, or even sustaining its share in the global market, causing unemployment in different major industrial sectors. The situation is worsening due to current energy shortfall. The increasing input costs and decreasing profit margins are causing threats to manufacturing; among others, the survival of Small and Medium Enterprises (SMEs) is becoming difficult day by day
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