KARACHI: Sindh Minister for Industries and Cooperatives Jam Ikramullah Dharejo has issued orders to the Secretary Industries to prepare a summary of 1 billion rupees for the development works of the Korangi Industrial Area. Speaking at the Korangi Association of Trade and Industry (KATI), the provincial minister said that 5 billion rupees were approved by …
Tag Archives: Industry
KSB Pakistan Suspend Operations
The economic crisis has impacted many businesses. Numerous industries such as Millat Tractors, Toyota Motors, Suzuki Motors, and Indus Motors suspended their operations in Pakistan due to high inflation rates, and a ban on imported raw materials. This situation has created immense trouble for businesses in Pakistan. Now, another industry, KSB Pakistan suspends production which …
Nishat Chunian Textile Company Suspends Operations
One of the largest textile companies in Pakistan, Nishat Chunian has announced that it will partially close down operations in the company. Nishat Chunian Limited discussed in the Pakistan Stock exchange filing that, ‘the company has an installed capacity of 219,528 spindles and 2,880 rotors in its spinning division. Company has decided to temporarily close 51,360 …
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